| Africa | ||||||||||
| Rank | Company | Score | Country | Sector | Ownership transparency and rights | Financial transparency | Board structure and process | Stakeholder relations | Alignment of managerial interests | |
| Regional | Overall | |||||||||
| 1 | 1 | MTN Group | 118.4 | South Africa | Telecommunications | 23 | 44 | 20 | 16.5 | 14.9 |
| 2 | 2 | DRD GOLD | 117 | South Africa | Metals & mining | 19 | 42 | 26 | 17.5 | 12.5 |
| 3 | 25 | Standard Bank Group | 96.9 | South Africa | Banking & financial | 17 | 40 | 21 | 9.9 | 9 |
| 4 | 27 | Firstrand | 96.5 | South Africa | Banking & financial | 14 | 36 | 24 | 12.5 | 10 |
| 5 | 39 | Sasol | 91.6 | South Africa | Petrochemicals | 16 | 40 | 17 | 9.6 | 9 |
| 6 | 44 | Harmony Gold Mining | 90.1 | South Africa | Metals & mining | 11 | 42 | 20 | 8 | 9.1 |