MyJHB

Stuff from Johannesburg

DE ZORZI CENTURY LEADS WP RESPONSE IN WESTERN CAPE DERBY

Johannesburg, Gauteng, South Africa in the news:

  1. DE ZORZI CENTURY LEADS WP RESPONSE IN WESTERN CAPE DERBY: JOHANNESBURG: A fourth hundred in First-Class cricket for Tony de Zorzi helped the Six Gun Grill Western Province take a 48-run lead against the GbetsRocks on day two of their second-round CSA … – “Johannesburg” – BingNews
  2. Takealot Blue Dot Countdown Week 2 – Even more awesome DEALS on tech and so much more: Week two of the Takealot Blue Dot Countdown sale has arrived, bringing with it even more great new deals. The second week of deals runs from 8–14 November and offers South Africa’s top deals across a … – “Johannesburg” – BingNews
  3. Kumi Naidoo gets real on COP26, burnout, grief, his new book and life after Amnesty International: International justice and environmental activist Kumi Naidoo talks to Vivian Warby about COP26, grief, suicide, his first book and how a bug he picked up in South America saved him. – “Johannesburg” – BingNews
  4. No end to load shedding battle between Eskom, City Power: City Power has confirmed it has written a letter to Eskom to demand the power utility exclude Johannesburg from stage one and two of load shedding. – “Johannesburg” – BingNews
  5. Kumi Naidoo on COP26, burnout, grief, his new book and life after Amnesty International: International justice and environmental activist Kumi Naidoo talks to Vivian Warby about COP26, grief, suicide, his first book and how a bug he picked up in South America saved him. – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? The Johannesburg Zoo based in Parktown, is over 100 years old, and houses the only two polar bears in Africa – Geebee (who came from Canada) and Wang (who came from Japan).

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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.