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Manzini Scoops R250 Million Loan From the Public Investment Corporation

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Manzini Scoops R250 Million Loan From the Public Investment Corporation:

Clarins Is Celebrating the Launch of Double Serum 9 – The Latest Generation of Its Iconic Anti-ageing Double Serum – With a Dynamic Pop-up Shopping Experience at Sandton City’s Central Court

The immersive experience, which opened with a glamorous event on 18 September, is a showcase not only for this best-selling…

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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.