MyJHB

Stuff from Johannesburg

Staggering details of Damian Flower’s drug smuggling revealed

Johannesburg, Gauteng, South Africa in the news:

  1. Staggering details of Damian Flower’s drug smuggling revealed: The secret witness who turned on cocaine smuggler and former racehorse owner Damian Flower was one of his own, an insider who organised for the drugs to be loaded onto Qantas flights in South Africa, … – “Johannesburg” – BingNews
  2. FEATURE-Young Africans go online to preserve local languages, fight COVID-19: COVID-19 threatens to widen the digital divide * African internet users struggle to find relevant content * Projects spread information in local African languages By Kim Harrisberg and Kristi Eaton … – “Johannesburg” – BingNews
  3. Ring-rusty South Africa begin march on 2023 World Cup: The quintet will also miss four Twenty20 internationals which follow the one-day series. The one-day and T20 matches will be split between Centurion and Johannesburg, with the teams staying in a … – “Johannesburg” – BingNews
  4. Magashule gets 30 days to step aside as ANC NEC affirms 2017 Nasrec resolutions: On Monday night, the ANC’s national executive committee decided that Magashule and others facing corruption and serious charges should vacate their offices within a month or be suspended from the … – “Johannesburg” – BingNews
  5. Van Niekerk win 200m title: JOHANNESBURG: South Africa’s Olympic 400 metres champion Wayde van Niekerk stepped up his return from long-term injury with a victory over 200 metres at the ASA Athletix Invitational on Tuesday. Van … – “Johannesburg” – BingNews

Click here to submit your Johannesburg, Gauteng News – free.

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

Did you know this about Johannesburg? Chris-Hani Baragwanath is the world’s third largest hospital: The hospital (which is located in Soweto) has over 3200 beds and 6760 staff members. Facilities are housed in 429 buildings.

Category: Tag: , , , , , ,

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.