International giants beating South African companies in their own backyard

South African companies are being left in the dust as international giants dominate the local market, with British American Tobacco's impressive performance at the forefront. The JSE's Top 40 Index, a benchmark for the local market, has seen foreign firms outshine their South African peers, with technology and finance sectors leading the charge. This stark reality raises questions about the competitiveness of local businesses and the ability of the JSE to support homegrown companies.