Rate of economy
Johannesburg is main financial and economical centre of South Africa. In 2007 Master card reported that out of 50 top countriesof the world it stands on 47th number concerning its financial and economical conditions. There are many industries located to contribute the economical position of the Johannesburg. Before that Mining was the base of witwaters rand's economy. Gold mining is not much seen within the city but many mining firms have their headquarters here. There are many industries throughout the city. Such as steel and cement industries. The IT,real estate, transport, vibrant leisure, consumer retail markeet are all industries which increase economic status of the city.
The JSE Africa's largest stock exchange is also located here. Now it is transferred to the central business district. There are many government branch offices, consular offices and many other institutionsand centres.
The significant informal economy support a group of migrants who are not properly employed. The informal is the biggest one in the world.
In a dry region the witwaters rand urban complex is one of the major water consumer which fulfill the needs of water. It takes the water from other areas of South Africa, from the highlands of lesotho, towards the city. The lesotho towards the city. The lesotho highland water project is major one but most projects are needed in 21st century. The largest dry port in the world is known as the container terminal.It is the deep city area. 60% of the cargo from ports of Durban and capetown brought to the Johannesburg. The Gauteng Government named city deep area as an IDZ.
Sandton city is one of the largest shopping mall of the Johannesburg. Hyde park is also remarkable one. There are amny other shopping centres such as Rosbank, Estgate, Westgate, Northgate, Southgate. The Glen shopping centre, Johannesburg south, Cresta and clear water mall. Zonk'Izizwe shopping mall is build in midrand. Johannesburg is the main home of the South African's commercial, economical and industrial centres. It is head of stock exchange, the leading banks, the mining companies of the country, the main agencies and offices of Government, companies of insurances, engineering and also retail companies are located in the city
The JSE Africa's largest stock exchange is also located here. Now it is transferred to the central business district. There are many government branch offices, consular offices and many other institutionsand centres.
The significant informal economy support a group of migrants who are not properly employed. The informal is the biggest one in the world.
In a dry region the witwaters rand urban complex is one of the major water consumer which fulfill the needs of water. It takes the water from other areas of South Africa, from the highlands of lesotho, towards the city. The lesotho towards the city. The lesotho highland water project is major one but most projects are needed in 21st century. The largest dry port in the world is known as the container terminal.It is the deep city area. 60% of the cargo from ports of Durban and capetown brought to the Johannesburg. The Gauteng Government named city deep area as an IDZ.
Sandton city is one of the largest shopping mall of the Johannesburg. Hyde park is also remarkable one. There are amny other shopping centres such as Rosbank, Estgate, Westgate, Northgate, Southgate. The Glen shopping centre, Johannesburg south, Cresta and clear water mall. Zonk'Izizwe shopping mall is build in midrand. Johannesburg is the main home of the South African's commercial, economical and industrial centres. It is head of stock exchange, the leading banks, the mining companies of the country, the main agencies and offices of Government, companies of insurances, engineering and also retail companies are located in the city
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