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Economic Growth
Largest contributor to SA GDP
Johannesburg is the capital of South Africa’s most prosperous and richest province, Gauteng (a Sesotho name meaning ‘Place of Gold’). Due to Joburg’s attraction both in terms of opportunity and socio-economic growth, it is not only the most densely populated city in SA with a population of 5,04 million (SA slightly over 56 million) but also has the highest number of economically active people
As the country’s biggest metropolitan economy, Joburg is the largest single metro contributor to national economic product, generating 15% of SA’s wealth and around 44% of Gauteng’s economic output. Over the past 10 years, the City’s high economic growth rate has undoubtedly been the major driver behind the performance of the national economy. Joburg’s economy is at least one and a half times bigger than that of the second biggest metro, Cape Town. It has consistently outdone the economic performance of the country’s other met