01 — Local economy
Business in Johannesburg
Gold found on the Witwatersrand in 1886 created the city, and mining houses such as Gold Fields and Sibanye-Stillwater still run their head offices here. Sandton hosts the Johannesburg Stock Exchange and the head offices of FirstRand, Nedbank and Discovery, City Deep's inland container terminal links the city to Durban by rail, and wholesalers and distributors supply retailers across Southern Africa.
Also known as Joburg, Jozi and eGoli.
Where software helps: Companies selling from Gauteng into neighbouring countries need SARS-compliant VAT invoices, zero-rated export documentation and multi-currency billing, while large corporate clients also ask for B-BBEE scorecards.