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[1] [2] Its economy is the largest in Africa, and the 34th-largest in the world. [3] In terms of purchasing power parity, South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day.
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).
It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. [ 4 ] [ 5 ] In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). [ 6 ]
In 2018, South Africa produced 19.3 million tonnes of sugarcane (14th largest producer in the world), 12.5 million tonnes of maize (12th largest producer in the world) 1.9 million tons of grape (11th largest producer in the world), 1.7 million tons of orange (11th largest producer in the world) and 397 thousand tons of pear (7th largest ...
Sandringham is a suburb of Johannesburg, South Africa. It is a suburb that lies close to Glenhazel and Sydenham. It is located in Region E of the City of Johannesburg Metropolitan Municipality. It is known for its large Jewish population and houses a number of Jewish institutions.
Soweto (/ s ə ˈ w ɛ t oʊ,-ˈ w eɪ t-,-ˈ w iː t-/) [3] [4] is a township of the City of Johannesburg Metropolitan Municipality in Gauteng, South Africa, bordering the city's mining belt in the south.
Denominations included 1 ⁄ 2, 1, 2, 5, 10, 20 and 50 cents. Silver was replaced in coins by nickel. Initially the coinage bore the portrait of Van Riebeeck, and later the State Presidents of South Africa (except F.W. de Klerk) or the South African coat of arms. The country name was given in Afrikaans, English or both.
Ratio: 2 rand = 1 South African pound = 1 British pound: Currency of South Africa 1961 – Succeeded by: Current: Currency of South West Africa 1961 – 1990 Note: administered by/occupied by South Africa since 1915: Currency of Namibia 1990 – 1993 Legal tender in Namibia 1993 – Succeeded by: Namibian dollar Reason: withdrawal from Common ...
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