Background about Gauteng province
Gauteng is the smallest Province in South and it is bordered by the Free State, North West, Limpopo and Mpumalanga provinces. While being the smallest province, it is also the most populous, being home to 12 272 263 people. Its capital is Johannesburg and it also contains the city of Pretoria, as well as the East Rand, West Rand and Vaal areas.
Gauteng continues to serve as the economic engine of the country and is responsible for over 34.8% of the country’s GDP. Gauteng is the powerhouse of South Africa and the heart of its commercial business and industrial sectors. The most important sectors contributing to GDP are finance, real estate and business services; manufacturing; and general government services. Gauteng is also the financial services capital of Africa due to more than 70 foreign banks having their head offices in the Province as well as South African banks, stockbrokers and insurance giants.
The major gold and diamond mining houses all have their headquarters in Johannesburg, the biggest being Anglo American and De Beers. Gold mining constitutes 80% of Gauteng’s mineral production output. The Province is divided into three metropolitan municipalities, the City of Johannesburg, the City of Tshwane and Ekurhuleni Metropolitan Municipalities, as well as two district municipalities, which are further subdivided into seven local municipalities.