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Gauteng Business 2016 edition

The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.

The 2016 edition of the Gauteng Business and Investment Guide is the premier business and investment guide for the Gauteng province and the Gauteng Growth and Development Agency (GGDA). In addition to detailed profiles of key provincial organisations, including the GGDA, the Automotive Industry Development Corporation Centre (AIDC), the Gauteng Investment Centre, the Gauteng IDZ, the Gauteng ICT Park SEZ and Constitution Hill, this edition includes well-researched economic and demographic data on the province, as well as insights into the province’s five development corridors and the new industries and development nodes in these corridors; a focus on Gauteng as a global city region; and key growth sectors for the province.

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SPECIAL FEATURE<br />

Metropolitan and District<br />

Municipalities<br />

Renamed after the first democratic election in 1994, <strong>Gauteng</strong> (the name means gold in<br />

English) is one of nine provinces in South Africa. <strong>Gauteng</strong> was formed from part of<br />

the old Transvaal Province following South Africa’s first all-race elections,<br />

blossoming into rich democracy thereafter.<br />

City of Tshwane<br />

<strong>Gauteng</strong> is governed by the <strong>Gauteng</strong> Provincial Legislature,<br />

a 73-person unicameral legislature elected by party-list<br />

proportional representation. The provincial government<br />

is responsible for the topics allocated to it in the national<br />

constitution, including such fields as basic education, health, housing,<br />

social services, agriculture and environmental protection.<br />

<strong>Gauteng</strong> contains three metropolitan municipalities (City of<br />

Johannesburg, City of Tshwane and Ekurhuleni) and two district munici<br />

palities (Sedibeng and West Rand). A further seven local municipalities<br />

– Emfuleni, Lesedi, Midvaal, Mogale City, Randfontein, Westonaria<br />

and Merafong City – fall within the jurisdiction of the two district<br />

municipalities.<br />

The metropolitan area of Tshwane<br />

boasts a total population of<br />

2.9-million and a combined<br />

budget of R24.9-billion for the<br />

2012/13 financial year. In 2011, the<br />

Metsweding District Municipality<br />

was added to the City of Tshwane<br />

metropolitan area. The services<br />

sector, which is dominated by<br />

government services, is the largest<br />

economic sector in the City of<br />

Tshwane, followed by the finance,<br />

manufacturing and trade sectors,<br />

respectively.<br />

One of three of South Africa’s<br />

capital cities, Pretoria, is located in<br />

the City of Tshwane. Interestingly,<br />

every foreign country is represented<br />

by an embassy in Pretoria.<br />

Tshwane contributes approximately<br />

27 percent to provincial<br />

GDP in <strong>Gauteng</strong>, and 9 percent<br />

to national output.<br />

City of Johannesburg<br />

The City of Johannesburg is one<br />

of the 50 largest metropolitan areas<br />

in the world. Johannesburg’s<br />

total GDP amounted to US$76-<br />

billion (PPP adjusted) in 2011,<br />

GAUTENG BUSINESS <strong>2016</strong><br />

22

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