The state of the economy: city of Johannesburg

SOURCE: HSRC Review
OUTPUT TYPE: Journal Article
PUBLICATION YEAR: 2015
TITLE AUTHOR(S): S.Karuaihe
KEYWORDS: JOHANNESBURG, TOWNS
Web link: http://www.hsrc.ac.za/en/review/hsrc-review-january-2015/state-of-economy-city-of-jhb
Intranet: HSRC Library: shelf number 8625
HANDLE: 20.500.11910/1965
URI: http://hdl.handle.net/20.500.11910/1965

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Abstract

The City of Johannesburg (CoJ) is one of the key contributors to the Gauteng and South African economies, and its economic growth rate is relatively superior to both the national and provincial levels. But growth projections from 2013 to 2016 are much lower than recorded in the past, says Selma Karuaihe, which will impact on the city's ability to meet its own growth targets and the challenge of high youth unemployment. Using secondary data, the CoJ study reviewed the city's economy at August 2013, with the purpose of guiding its rates and tariff policy interventions. The review covered the following areas: the city's demographic profile, employment conditions, service delivery indicators, the role and state of tourism, and crime. CoJ's economic growth rate was superior to both the national and provincial levels.