MyJHB

Stuff from Johannesburg

EFF's deadline to make another payment to AfriForum near

Johannesburg in the news:

  1. EFF's deadline to make another payment to AfriForum near: JOHANNESBURG – Lobby group AfriForum could take further legal action against the Economic Freedom Fighters (EFF). The party still had to pay the … – Google Alert – Johannesburg
  2. Super Rugby Week 16: A few thoughts: This controversy and the absence of Jantjies made no difference to the Lions though, who hammered the Stormers in Johannesburg. – Google Alert – Johannesburg
  3. 4 Mamelodi Hospital employees on special leave after 'abuse' of elderly: JOHANNESBURG – Four staff members at Mamelodi Hospital have been implicated in the mistreatment of an elderly patient. A video of the … – Google Alert – Johannesburg
  4. Binyavanga Earned Himself HIV aids and Homosexuality from the streets of Johannesburg: Kenneth Binyavanga Wainaina is dead. He died at his house in Nairobi. He died on 24th May 2019, he died of HIV related complications. He died at … – Google Alert – Johannesburg
  5. Bra Hugh's African shrine: Permanently installed just near the entrance to West Park Cemetery in Johannesburg, right next to ANC stalwart Ahmed Kathrada's grave, the pavilion … – Google Alert – Johannesburg

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? Sophiatown was originally part of the farm Waterval. In 1897 the speculator Hermann Tobiansky acquired a 237-acre portion of the farm, which was situated about four miles or so west of the centre of Johannesburg. In 1903 he had some of the land surveyed as leasehold township, divided into almost 1700 small stands. The township was named after Tobiansky’s wife, Sophia, and some of the streets were named after his children Toby, Gerty, Bertha and Victoria. Blacks started acquiring land in Sophiatown.

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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.