The state of the economy: city of Johannesburg

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.