The Business End
GAUTENG IS CONSIDERED by South Africans as the economic hub of the country, massively contributing to many sectors in the industry such as financial, manufacturing, technology, transport, telecommunications as well as a wide variety of others; while also hosting numerous large overseas companies that are in need of a commercial base and a gateway into African business.
Not only is Gauteng the economic hub of Africa, it is also home to the Johannesburg Stock Exchange, the largest of its kind in Africa, making the province a particularly attractive area to large businesses and similarly appealing as a business travel destination. Mining was actually the foundation from which a large amount of economic prowess was formed, however, in recent years the mining sector’s importance has gradually began to dwindle with other sectors taking the lead to become the most significant to the economy of the province. Johannesburg in particular is a growing hub for the media, housing several media groups that own a number of newspaper and magazine publications, with two of these publications being Independent Newspapers and Naspers (Media24). Alongside its bustling business activities, Gauteng is becoming a renowned centre for learning in South Africa, housing many universities as well as a variety of other higher learning institutions.
The province is not traditionally known as a tourist favourite - more often than not it acts as a pass through point - which in many ways makes it the perfect destination for business travel. It is well connected and has just enough sights to see to keep you entertained in your free time.