MyJHB

Stuff from Johannesburg

4 Gold Stocks Poised to Deliver Strong Results in 2020 | MyJHB.co.za

Johannesburg in the news:

  1. 4 Gold Stocks Poised to Deliver Strong Results in 2020: With the COVID-19 pandemic showing no signs of dying down yet, gold is set to continue its solid gains this year, riding on the global uncertainty. – “Johannesburg” – BingNews
  2. Metros scored: Survey reveals what residents really think: Cape Town emerged as the best performing metro, with a score of 66.0 out of a possible 100 – a two-point improvement on its previous score of 64.1 in 2019. – “Johannesburg” – BingNews
  3. Shaun Bartlett follows Ernst Middendorp out of the Kaizer Chiefs exit door: Kaizer Chiefs are continuing with the technical team overhaul after they confirmed the sacking of assistant Shaun Bartlett, a day after showing coach Ernst Middendorp the exit door. – “Johannesburg” – BingNews
  4. United plans India, Africa flights to diversify route map: United Airlines will add new nonstop flights to Africa and India as the carrier revamps an international network. – “Johannesburg” – BingNews
  5. Townhouse for Sale in Clubview: Very neat, modern renovated simplex in a safe security complex with a village feel near all important amenities, i.e shopping centres, Gautrain station, Pre-primary & Secondary Schools and the main … – “Johannesburg” – BingNews

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Have you tried: Reach Trust for Solar and Building Management?

Did you know this about Johannesburg? The Ansteys Building at the corner of Jeppe and Joubert Streets was designed by Emley and William and completed in 1937. It is recognised as a prime example of Art Deco Architecture, a style synonymous with modernisation, optimism and Americanisation before World War 2. The departmental store, N. Anstey’s and Company, occupied the first four floors of the building. The tea terrace was on the fourth floor and was a destination of choice for the ladies of the northern suburbs. The building is 20 storeys high and was, when it was completed, the highest building in the southern hemisphere. The remaining storeys were offices and apartments, some of them occupying an entire floor. The building terminates in a mast designed for docking air ships.

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Africa’s Economic Heartbeat and the JSE

Johannesburg is the undisputed financial capital of the African continent. It is classified as an “Alpha Global City,” meaning it plays a primary role in the global economic network. The city generates roughly 16% of South Africa’s GDP and is the headquarters for 74% of the major multinational companies operating in Sub-Saharan Africa.

At the center of this economic power is the Johannesburg Stock Exchange (JSE). Founded in 1887, just one year after the city’s birth, the JSE was initially a way to raise capital for deep-level mining. Today, it is the largest stock exchange in Africa and ranks among the top 20 in the world by market capitalization. The financial district has moved from the historic city center to Sandton, an area often called “Africa’s Richest Square Mile.” This shift reflects Johannesburg’s evolution from a rough-and-tumble mining camp into a sophisticated service-and-finance economy. Despite the decline in actual mining, the city remains the “command and control” center for the continent’s mineral wealth, telecommunications, and banking sectors.