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The economy of South Africa is the largest economy in Africa, it is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 29 ] [ 30 ] [ 31 ] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 32 ]
Rank Province Population (2022) [1] GDP (2013; ZAR millions) [2] GDP per capita (2013; ZAR) GDP per capita (2013; USD PPP) 1 Gauteng: 15,099,422 1,194,140 94,179 18,259 2 ...
The challenge to policymakers is to find that wage level that is considered fair given workers' needs and the cost of living, but does not harm employment or a country's global competitiveness. [26] South African median employee earning is R2800 a month (USD 189.45) and the average earning is around R8500. These figures are found in SA statistics.
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
Lesotho [a], formally the Kingdom of Lesotho, formerly known as Basutoland, is a landlocked country in Southern Africa.As an enclave of South Africa, with which it shares a 1,106 km (687 mi) border, [8] it is the largest sovereign enclave in the world, and the only one outside of the Italian Peninsula.
This is a list of salaries of heads of state and government per year, showing heads of state and heads of government where different, mainly in parliamentary systems.Often a leader is both in presidential systems.
Johannesburg is the economic and financial hub of South Africa, producing 16% of South Africa's gross domestic product, and accounts for 40% of Gauteng's economic activity. [citation needed] In a 2008 survey conducted by Mastercard, Johannesburg ranked 47 out of 50 top cities in the world as a worldwide centre of commerce (the only city in Africa).
A professional civil servant known as the City Manager, currently Dr Imogen Mashazi, [37] is responsible for the technical and managerial direction and oversight of the municipality. [38] In 2014/2015, the city ranked highest out of all metros in South Africa in the Business Day Index, measuring how well cities and towns spend resident's money ...