MyJHB

Stuff from Johannesburg

Omicron is milder, better at evading vaccines, data reveals

Johannesburg, Gauteng, South Africa in the news:

  1. Omicron is milder, better at evading vaccines, data reveals: An analysis of data from South Africa suggests the Pfizer vaccine offers less defense against infection from omicron and reduced, but still good, protection from hospitalization. – “Johannesburg” – BingNews
  2. Alexandra’s residents clean up township: The Stjwetla Informal Settlement is located along the edge of the heavily polluted Jukskei River near Alexandra township in Johannesburg. Photo: “We are working for change, for a cleaner Alexandra and … – “Johannesburg” – BingNews
  3. Alex support centre could reduce GBV incidents: Women are angels of the world that we should all love and protect and never abuse, says Alex GBV activist Jali. – “Johannesburg” – BingNews
  4. Muvhango cast and crew to receive their Covid-19 jabs following ultimatum: Johannesburg – The cast and crew of South African soap opera, SABC 2’s Muvhango will receive their covid-19 jabs. This is after they were given an ultimatum by the soapie creator Duma Ndlovu … – “Johannesburg” – BingNews
  5. Francois Pienaar rated greatest No 6 in rugby history: World Cup-winning captain Francois Pienaar was rated the greatest No 6 to ever play Test rugby in a global poll of more than 200 000 votes. Two other Springbok legends made the team, reports Mark … – “Johannesburg” – BingNews

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Did you know this about Johannesburg? Johannesburg is the home of Kwaito music, a catchy genre of African house music that was born in the 90s and has become a South African phenomenon. It is most famous for its catchy lyrics that embody post-apartheid township culture.

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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.