Expert Stores climbs the ranks in Financial Times’ fastest-growing companies in Africa in 2023!

We are thrilled to announce that in the Financial Times’ Fastest Growing Companies in Africa 2023 rankings! Out of a growing pool of 100 companies, we’ve managed to secure the 47th place overall in Africa and the 15th place in South Africa. How’s that for impressive growth? The pool grew from 75 to 100 in 2023 and we managed to climb the ranks even further! 

This is a testament to our commitment to providing exceptional service and expertise to our customers. We couldn’t have done it without our amazing team who work tirelessly to deliver top-notch products and services every day.

In last year’s Fastest Growing Companies in Africa rankings, Expert Stores was also recognized by Statista, a leading provider of market and consumer data, as one of the fastest growing companies in South Africa. This recognition underscores our commitment to excellence and our dedication to delivering value to our customers.

Statista’s ranking methodology is based on a combination of revenue growth and employee growth over a three-year period. Expert Stores was recognized for our exceptional revenue and employee growth during this period, which speaks to our success in expanding our business and creating job opportunities in South Africa.

Compared to our ranking in 2022, we have seen significant growth and improvement in our performance. Last year, we were ranked 47th overall in Africa and 16th in South Africa, and this year we have moved up the ranks to 15th in South Africa and held down the 47th rank in Africa. 

This achievement would not have been possible without the dedication and hard work of our team, who have consistently provided our customers with the highest level of expertise and service. Our focus on staying ahead of industry trends, investing in our online presence, and delivering personalised advice to our customers has enabled us to grow and succeed in a highly competitive market.

We are proud to have been recognized by Statista and Financial Times in last year’s rankings, and we remain committed to continuing our growth trajectory in 2023 and beyond. We will continue to leverage our deep expertise, invest in our online presence, and provide exceptional service to our customers, as we strive to be a leader in consumer electronics retail in the e-commerce and traditional retail space.

The Financial Times will publish a full special report on Africa’s fastest Growing Companies online on May 2, 2023.

For the list of companies and full methodology visit:

At Expert, we’re a global community of independent retailers who specialise in electronics and domestic appliances. We have a presence in 22 countries and over 4000 stores worldwide. In South Africa, we have 42 Expert stores that are independently owned and managed by South Africans who are passionate about providing exceptional service and expertise.

We’re proud to be a part of the South African community and to be here for our customers when they need us most. At Expert, we’re here for you, and we look forward to serving you in the years to come.

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