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Stuff from Johannesburg

How vaccinated grandparents should approach visiting loved ones now — advice from Dr. Wen – Jaweb | MyJHB.co.za

Johannesburg in the news:

  1. How vaccinated grandparents should approach visiting loved ones now — advice from Dr. Wen – Jaweb: Get vaccinated so they can see their children and grandchildren again. But is that safe if their younger family members have not yet been vaccinated? Older adults are one of the priority groups for … – “Johannesburg” – BingNews
  2. Deputy minister of employment and labour recovering in hospital after contracting Covid-19: The Deputy  Minister of Employment and Labour, Boitumelo Elizabeth Moloi (MP) has tested positive for Covid-19. The presidency said in a statement that the Deputy  Minister was hospitalised on the 5th … – “Johannesburg” – BingNews
  3. KZN MEC Pillay raises concern following arrest of truck driver for transporting alcohol: Natal Economic Development MEC Ravi Pillay says he is concerned about the illegal transportation of alcohol at the height of the coronavirus pandemic. – “Johannesburg” – BingNews
  4. How the ANC hopes to ’captivate the youth’ again: In the ANC’s discussion document for its upcoming NGC on youth, the party admits there is a widening trust deficit between it and young people, who see the party ’as an animal that speaks left and … – “Johannesburg” – BingNews
  5. SAHPRA implores against use of ivermectin to treat, prevent COVID: Ivermectin, which is registered for use in the treatment and control of parasites in animals, has been lauded as a ‘miracle treatment’ for COVID-19. – “Johannesburg” – BingNews

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

Did you know this about Johannesburg? It’s been rebuilt four times: Within one century, Johannesburg has been transformed from a tented camp, a tin shanty town, four-storey Edwardian brick buildings and now, a city of modern skyscrapers.

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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.