Dividing into stock trading in South Africa can feel like decoding a new language, especially when you’re trying to choose your first share to buy. Should you go for household names or rising underdogs?
This TRU Insight breaks down more than just prices. It explores real share options, market behavior, and the strategy behind smart picks —grounded in both expert analysis and real trader insight.
Are you wondering which shares are catching the attention of savvy investors this year? These 10 picks might just shape your next move.
What is Share Price in Stock Trading? How to Start Investing in ZA?
A share price tells you how much one unit of a company’s stock costs right now. It fluctuates based on demand, investor outlook, and the company’s market performance. These are key indicators for any beginner looking to start trading in South Africa.
If you’re wondering how to buy shares locally, the process usually starts with opening an online trading account via regulated brokers. Once registered, investors can access live ZA share prices, track performance, and start investing.
But numbers don’t always show the full picture. That’s why many local traders turn to CommuniTrade, a reliable space where peer reviews, real experience, and verified insights help shape smarter, data-backed investing decisions.
Top 10 South African Stocks and Their Share Prices in 2025
Richemont Share Price
| 52-week range | ZAR 112.80 – ZAR 187.55 |
| Market cap | ZAR 1.756 trillion |
| Dividend yield | 2.054% |
| Cash position | CHF 6 billion |
| ESP (TTM) | 6.41 |
Richemont was founded in 1988 by Johann Rupert, a South African billionaire, and is headquartered in Geneva, Switzerland.
The company is regulated under Swiss law and is listed on both the SIX Swiss Exchange and the Johannesburg Stock Exchange (JSE) through a dual listing arrangement. On 2025, the company reported a cash position of CHF 6 billion.
| Pros | Cons |
|---|---|
| Strong luxury brands with global demand | Sensitive to economic downturns |
| Stable 2–3% dividend yield | Prone to currency fluctuations (CHF/ZAR) |
| Solid cash reserves and raised price target (CHF 210) | Slower growth in non-jewelry segments |
Read more: Is Richemont Share Price a Good Investment in 2025?
Naspers Share Price
| 52-week range | ZAR 3,318.76 – ZAE 5,522.00 |
| Market cap | 873.680 billion |
| Dividend yield | 0.23% |
| ESP (TTM) | 20771.12 |
Naspers is a global internet and media investment holding company headquartered in Cape Town, South Africa.
It holds major stakes in Prosus and Tencent and owns South Africa’s leading e-commerce platforms, including Takealot. With billions of market capitalization, Naspers stands as one of the largest publicly-traded company in South Africa
| Pros | Cons |
|---|---|
| Exposure to global tech through Tencent/Prosus holdings | Low domestic dividend yield may deter income investors |
| Large market capitalization supports liquidity and stability | Valuation tied to tech sector performance and sentiment |
| Diversified business across media, e-commerce, and ventures | Forex and global regulation changes can impact investments |
Read more: Naspers Share Price: Top Investments in South Africa in 2025
Thungela Share Price
| 52-week range | ZAR 129.26 – ZAR 132.08 |
| Market cap | ZAR 18.4 billion |
| Dividend yield | 15.1 % |
| ESP (TTM) | 1.09 |
Thungela Resources is a Johannesburg-based company that focuses entirely on thermal coal production.
It was separated from Anglo-American in 2021 and is now led by CEO July Ndlovu. The company is listed on the JSE and specializes in coal mining and export operations.
According to Reuters, Thungela Resources now offers a yield of nearly 15%, driven by steady earnings and strategic share buybacks. That places it among the highest-yielding shares currently available on the JSE.
In March 2025, the company declared a final dividend of R11 per share and initiated a R300 million share buyback.
| Pros | Cons |
|---|---|
| High 14% dividend yield, well above JSE average | Faces demand volatility and regulatory pressure on coal |
| Strong shareholder returns via buybacks and dividends | Revenue fell ~40% in 2023 due to weak coal prices |
| Dual listing on JSE & LSE increases access | Infrastructure issues may constrain exports |
Read more: Thungela Share Price: Everything You Need to Know 2025
Alex Forbes Share Price
| 52-week range | ZAR 6.12 – ZAR 9.59 |
| Market cap | ZAR 10. 926 billion |
| Dividend yield | 6.46 % |
| ESP (TTM) | 57.88 |
Alexander Forbes Group Holdings is a leading South African financial services provider listed on the JSE under the ticker AFH.
The company offers a full suite of services, including retirement planning, investments, wealth management, and insurance, serving both institutional and individual clients.
| Pros | Cons |
|---|---|
| High dividend yield relative to industry peers | A high payout ratio may limit reinvestment flexibility |
| Diversified financial services across stable sectors | Modest capital growth potential |
| Low volatility, suitable for conservative investors | Sensitive to regulatory shifts in retirement and insurance |
Read more: What is the Alex Forbes Share Price in 2025 (JSE: AFH)
4Sight Share Price
| 52-week range | ZAR 0.70 – ZAR 0.90 |
| Market cap | 374.191 million |
| Dividend yield | 3.57% |
| ESP (TTM) | 7.77 |
4Sight Holdings delivers digital transformation and technology solutions across industries in South Africa and beyond.
Listed on the JSE AltX, it focuses on automation, IoT, and AI-driven services.
| Pros | Cons |
|---|---|
| High dividend yield (~7%) for income seekers | Low earnings per share limit growth |
| Earnings recent cover dividend payouts | Price volatility and small trading volume |
| Conservative payout strategy | Limited scale—small cap limits exposure |
Read more: SA Investments: 4Sight Share Price Today in 2025
AECI Share Price
| 52-week range | ZAR 80.73 – ZAR 112.19 |
| Market cap | 11.012 billion |
| Dividend yield | 2.11% |
| ESP (TTM) | 715.76 |
AECI Ltd is a JSE-listed chemicals and explosives group based in South Africa. It serves key sectors like mining, water, agriculture, and food, with operations across Africa and international markets. The company is known for its integrated solutions and strong presence in the industrial chemicals value chain.
| Pros | Cons |
|---|---|
| Regular dividend yield with earnings support | Chemical markets are subject to commodity pricing pressures |
| Diverse industrial exposure | Corporate earnings showed a recent net income loss |
| Well-positioned across the chemicals value chain | Industrial demand fluctuations may affect profitability |
Read more: What is the AECI Share Price JSE: AFE Today in 2025
African Rainbow Minerals Share Price
| 52-week range | ZAR 115.07 – ZAR 244.76 |
| Market cap | 34.414 trillion |
| Dividend yield | 7.94% |
| ESP (TTM) | 1859.96 |
African Rainbow Minerals is a diversified South African mining company with interests in platinum, iron ore, coal, and more. It operates both locally and internationally. The company yields near 7.9% with payout coverage around 80% supported by multi-year dividend growth.
| Pros | Cons |
|---|---|
| High dividend yield with solid earnings coverage | Heavy reliance on commodity cycles and price fluctuations |
| Steady dividend growth over recent years | Potential exposure to mining regulations and capex volatility |
| Large-scale operations and diversified mining assets | Lower dividend payout from free cash flow may concern investors |
Read more: African Rainbow Minerals Share Price (JSE: ARI) 2024
Jumia Share Price
| 52-week range | 2.77 – 15.02 |
| Market cap | 34.414 trillion |
| Dividend yield | n/a |
| ESP (TTM) | 0.82% |
Jumia Technologies AG is an Africa-focused e-commerce and logistics company listed on the JSE (JIH). It operates across multiple African markets, offering online retail, food delivery, and payment solutions.
It’s worth noting that this is a non-dividend paying company, which can deter investors who are looking for additional and passive revenue stream.
| Pros | Cons |
|---|---|
| Strong pan-African e-commerce footprint and delivery network | Still unprofitable with no dividend strategy |
| High year-over-year revenue growth in multiple markets | Vulnerable to economic fluctuations and currency risks |
| Expanding payment and fintech offerings | Operational complexity across diverse and challenging regions |
Read more: What is the Jumia Share Price Today in 2025
Pan African Resources Share Price
| 52-week range | ZAR 5.96 – ZAE 12.64 |
| Market cap | 27.934 trillion |
| Dividend yield | 1.84% |
| ESP (TTM) | 57.7 |
Pan African Resources is a South African-based gold producer focused on underground and surface mining operations in the Barberton Greenstone Belt and Elikhulu tailings project.
The company is dual-listed on the JSE and LSE, targeting both domestic and international investors. With a dividend yield of ~1.8–2.2% and a payout ratio near 28%, the company piques the interest of many investors.
| Pros | Cons |
|---|---|
| Steady dividend yield with a moderate payout ratio | Yield is below the top quartile of JSE dividend stocks |
| Asset-backed by gold reserves and infrastructure | Earnings and share price sensitive to gold price shifts |
| Dual listing enhances liquidity | Commodity-driven volatility can affect profitability |
Read more: Going for Gold: Pan African Resources Share Price in 2025
DRDGold Share Price
| 52-week range | ZAR 13.62 – ZAE 33.24 |
| Market cap | 22.0090 trillion |
| Dividend yield | 1.93% |
| ESP (TTM) | 198.32 |
DRDGold specializes in retreating surface tailings to extract residual gold, making it a niche player in South Africa’s mining sector. It is listed on the JSE and also trades as American Depositary Receipts (ADRs) in the United States.
| Pros | Cons |
|---|---|
| A low payout ratio ensures sustainability | Moderate yield relative to top-tier dividend stocks |
| Earnings cover dividends reliably | Tailings retreatment is capital-intensive and cyclical |
| ADR listing improves global access | ADR price exposed to USD/ZAR fx fluctuations |
Read more: DRDGold Share Price Analysis: Is It Worth Considering Today in 2025
How to Decide Which ZA Share to Buy
Choosing the right ZA share comes down to aligning your goals, risk appetite, and market insight. Ask yourself, “Am I chasing steady dividends or searching for capital growth?”
Here are some step guides that you can layer as a protective approach:
Define Your Investment Goal
Are you investing for income, growth, or capital preservation?
Dividend-focused stocks, such as Thungela, with a 15% yield, serve income seekers, while growth shares like Naspers tap into global tech gains.
Clearly defining your goal helps shortlist the right shares.
Compare Key Financial Metrics
Look at factors like dividend yield, earnings per share (EPS), and price-to-earnings (P/E) ratios. For example, 4Sight yields ~7% with decent EPS covering payouts, while African Rainbow Minerals offers ~7.9% yield backed by diversified mining profits.
High yields with solid earnings often signal reliable income streams
Weigh Risk vs Upside
Higher returns often come with higher risk. Compare dividend champs (Thungela and 4Sight) with growth-driven stocks like Naspers, which may deliver less income but offer broader market exposure.
Tools like technical versus fundamental analysis can illuminate timing and valuation—technical for entry points and essential for long-term health.
Diversify by Strategy
Avoid putting all your eggs in one basket. Mix income stocks, growth names, and defensive plays like AECI. JSE itself recommends 4–5 stocks across sectors to minimize market and sector-specific risks.
Use Regulated Brokers & Educated Resources
Always trade via FSCA-regulated brokers listed on the JSE. Simple tools and educational modules from the JSE website reinforce accountability and investor awareness
Frequently Asked Questions
Where can I buy shares online in South Africa?
You can buy shares online through FSCA-regulated brokers like EasyEquities or Standard Online Share Trading or directly using the JSE’s platform.
These platforms offer full access to ZA share prices and real-time trading in South African and international stocks.
How do I know which share to invest in?
Compare financial metrics such as dividend yield, EPS, and P/E ratios to assess value and income potential.
Alongside this, it is also to analyze trends like growth versus dividend and diversify across sectors to balance risk and return.
Can I buy shares directly from a company?
Generally, shares are purchased through the secondary market on exchanges like the JSE or LSE—not directly from companies unless participating in an initial public offering (IPO) or a rights issue.
For ongoing personal investment, using a licensed broker or trading platform is the regulatory norm.
What is the difference between share price and share value?
Share price refers to the current market rate determined by supply and demand, while share value (or intrinsic value) reflects fundamental worth based on earnings, cash flow, or assets.
Savvy investors look for discrepancies between the price and value of a stock to identify undervalued or overvalued stocks.
Unbiased Take: Which Share Offers the Best Value?
As we wrap up our share prices review, it’s only a realistic assumption that we arrive at the factual evidence. The data are presented, and as we reassess what we know so far, here are some of the notable share prices:
Thungela Resources presents undeniable short-term appeal with its high dividend yield of over 15%, a rare figure even in the broader South African shares category.
Meanwhile, Richemont offers long-term value through its diversified luxury portfolio, strong cash flow, and global brand equity.
Ultimately, Pan African Resources remains a solid investment option for those prioritizing gold-backed assets and consistent dividend returns. These picks were not chosen randomly—they’re supported by public data and reviewed industry by our experts.
While metrics tell part of the story, context makes it meaningful. Communities like CommuniTrade help retail investors assess these numbers in real time with shared insights, verified user data, and market discussions from those with actual stock trading experience in South Africa.
