MyJHB

Stuff from Johannesburg

Coronavirus: South Africa police seize haul of ‘miracle anti-COVID drug’ Ivermectin | MyJHB.co.za

Johannesburg in the news:

  1. Coronavirus: South Africa police seize haul of ‘miracle anti-COVID drug’ Ivermectin: Custom officials at South Africa’s main international airport have seized hundreds of thousands of tablets of a drug some people claim could be a remedy against coronavirus, police said Saturday. The … – “Johannesburg” – BingNews
  2. Cabling Africa: the great data race to serve the ‘last billion’: This is the home of Teraco, Africa’s biggest operator of independent data centres — the facilities that make the modern internet go round and house content for the likes of Google, Netflix and telecom … – “Johannesburg” – BingNews
  3. Tills ring for SA’s zero-waste warriors: Zero-waste shopping, which is becoming popular among an increasing number of environmentally conscious consumers, can be a competitively priced alternative to larger grocery stores – and entrepreneurs … – “Johannesburg” – BingNews
  4. COVID-19: 318 more deaths recorded in SA: JOHANNESBURG – South Africa has recorded 318 more Covid-19 related deaths in the last 24 hours. That brings the death toll to 43, 951. There have been 5,297 new Covid-19 infections reported in the … – “Johannesburg” – BingNews
  5. SA police seize haul of ‘miracle’ anti-Covid drug: Custom officials at South Africa’s main international airport have seized hundreds of thousands of tablets of a drug some people claim could be a remedy against coronavirus, police said Saturday. The … – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? The Standard Bank Centre is in Fox and Simmond Streets in central Johannesburg. During the excavation, three stories below ground level, they came across an old stope. It was part of the workings of the old Ferreira Mine. The building’s foundations were stabilised by backfilling the No. 1 level of the workings with concrete grout, but part of the stope was preserved as a museum. The building was completed in 1970. It was constructed by first building a central core and cantilever arms and then suspending the floors from the arms. The Centre houses a renowned art gallery.

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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.