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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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OVERVIEW<br />

Finance and business services<br />

<strong>Gauteng</strong> is without doubt the financial hub of Africa, boasting more than 70 foreign banks<br />

and a wide range of financial services, that are comparable to any first world country.<br />

The quality of the financial and business service infrastructure<br />

throughout <strong>Gauteng</strong> makes it the ideal launch-pad<br />

for a variety of companies looking to do business in this<br />

vibrant region.<br />

Leading players within the sector include First National Bank, Absa,<br />

Nedbank, Standard Bank, the Johannesburg Stock Exchange (JSE),<br />

Investec and Rand Merchant Bank, while the JSE, Africa’s largest stock<br />

exchange, is also located in <strong>Gauteng</strong>. Each year, the financial services<br />

sector contributes 21 percent to the province’s GDP.<br />

<strong>Business</strong> Process<br />

Outsourcing (BPO)<br />

<strong>Gauteng</strong> is home to more than<br />

70 percent of South Africa’s call<br />

centres. The sector’s strong<br />

presence in <strong>Gauteng</strong> is expected<br />

to continue to grow —<br />

<strong>Business</strong> Processing enabling<br />

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

88

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