MyJHB

Stuff from Johannesburg

Epiroc bolsters its digital portfolio through the acquisition of MineRP

Johannesburg, Gauteng, South Africa in the news:

  1. Epiroc bolsters its digital portfolio through the acquisition of MineRP: Mining company Epiroc has acquired software company MineRP, which specialises in increasing productivity for mines through integrated planning, execution and analytics. “The acquisition is a perfect … – “Johannesburg” – BingNews
  2. Erik van Rooyen storms through as 5 more South Africans make US Open: Erik van Rooyen carded rounds of 68 and 64 at the Brookside Golf and Country Club as he led the way for five more South Africans to be added to the US Open field. – “Johannesburg” – BingNews
  3. At 6, this transplant survivor is ready for his next walkathon: A liver transplant in South Africa would cost $ 1 million, he said. “And not for nothing, when we looked at the number here, without insurance, it cost $ 800,000,” Tyler recalled. The family boarded a … – “Johannesburg” – BingNews
  4. Foundation to spend .3B to vaccinate Africans for COVID: One of the largest foundations in the world announced Tuesday it will spend $ 1.3 billion over the next three years to acquire and deliver COVID-19 vaccines for more than 50 million people in Africa. – “Johannesburg” – BingNews
  5. South African organization call for more voices of youth in BRICS, other multilateral institutions: The South African BRICS Youth Association (SABYA) on Tuesday called for active participation by young people in multilateral institutions like BRICS, the African Union and United Nations, saying it … – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? The Albert Hertzog Tower in Brixton Johannesburg was completed in 1962. It is 237-metre-high (778 ft) high concrete radio and (now) television tower. The first transmission took place on 22 December 1961. Presently 18 FM programs and 7 TV stations are broadcast from there. When Albert Hertzog fell into disfavour with the government, it was called the Brixton Tower. At present it is called the Sentech Tower.

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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.