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76-661: TFG Limited , also known as The Foschini Group (pronounced as "Voesjienie" in Afrikaans), is a South African JSE listed retail clothing group, which trades under various brands and has more than 3,000 stores within its portfolio. It is headquartered in Parow East near Cape Town . In 2015, the company acquired the British apparel chain Phase Eight from TowerBrook Capital Partners , then valued at £300 million. In March 2016, TFG acquired
152-520: A destination for visitors and a safe, integrated community for residents. A beacon of strength in Africa's most economically prosperous city". After being destroyed in 2008 to make way for a motor showroom by Imperial Holdings, the iconic Rand Steam Laundries are now being redeveloped as an exact replica, by the order of the Johannesburg Heritage Council. Apart from one filtration shed, there
228-583: A failing Edcon , further expanding their footprint as a retail conglomerate. On 5 October 2021, it was reported that TymeBank would open approximately 600 banking service kiosks in TFG retail outlets in 2022. Through a series of investments, TFG has increased its manufacturing capacity in South Africa. By November 2021, it was producing almost three quarters of its apparel locally. Official website Johannesburg Stock Exchange JSE Limited (previously
304-519: A national figure and a symbol of resistance to apartheid . On 16 June 1976, demonstrations broke out in Soweto over a government decree that black school-children be educated in Afrikaans instead of English, and after the police fired on the demonstrations, rioting against apartheid began in Soweto and spread into the greater Johannesburg area. About 575 people, the majority of whom were black, were killed in
380-414: A residential area for blacks only—no whites allowed—who were not permitted to live in other "white-designated" areas of Johannesburg. Another region, Lenasia , is predominantly populated by English-speaking Indo-South Africans (people of Indian and South Asian descent). These areas were, in previous decades, designated as non-white areas, in accordance with apartheid policies of the time. Johannesburg
456-500: A township founded for black workers coming to work in the gold mines of Johannesburg, was intended to house 50,000 people, but soon was the home of ten times that number as thousands of unemployed rural blacks came to Johannesburg for employment and an income to send back to their villages. It was estimated that in 1989, the population of Soweto was equal to that of Johannesburg, if not greater. In March 1960, Johannesburg witnessed widespread demonstrations against apartheid in response to
532-540: Is a popular recreational park. Johannesburg and environs also offer various options to visitors wishing to view wildlife , in addition to the Johannesburg Zoo , one of the largest in South Africa. The Lion Park nature reserve, next to Lesedi Cultural Village , is home to over 80 lions and various other game, while the Krugersdorp Nature Reserve , a 1500 ha game reserve , is a forty-minute drive from
608-404: Is a smaller number of synagogues serving the city's Reform Jews , including Temple Israel and Beit Emanuel . 32% of Johannesburg residents speak Nguni languages at home, 24% speak Sotho languages , 18% speak English, 7% speak Afrikaans and 6% speak Tshivenda . Johannesburg has a well-developed higher education system of both private and public universities . Johannesburg is served by
684-403: Is also located on Rissik Street. The region surrounding Johannesburg was originally inhabited by San hunter-gatherers who used stone tools. There is evidence that they lived there up to ten centuries ago. Stone-walled ruins of Sotho–Tswana towns and villages are scattered around the parts of the former Transvaal in which Johannesburg is situated. By the mid-18th century, the broader region
760-419: Is another possibility. Precise records for the choice of name were lost. Johannes Rissik and Johannes Joubert were members of a delegation sent to England to obtain mining rights for the area. Joubert had a park in the city named after him, and Rissik has his name for one of the main streets in the city where the historically important albeit dilapidated Rissik Street Post Office is located. The City Hall
836-468: Is located within the mineral-rich Witwatersrand hills, the epicentre of the international-scale mineral, gold and (specifically) diamond trade. Johannesburg was established in 1886, following the discovery of gold, on what had been a farm. Due to the extremely large gold deposits found along the Witwatersrand , within ten years, the population had grown to over 100,000 inhabitants. A separate city from
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#1733092598436912-485: Is nothing left on the site after being destroyed. The site will consist of a 5,000 m (54,000 sq ft) precinct. On 12 May 2008, a series of riots started in the township of Alexandra , in the north-eastern part of Johannesburg, when locals attacked migrants from Mozambique , Malawi and Zimbabwe , killing two people and injuring 40 others. These riots sparked the xenophobic attacks of 2008. The 2019 Johannesburg riots were similar in nature and origin to
988-613: Is the most populous city in South Africa with 4,803,262 people, and is classified as a megacity ; it is one of the 100 largest urban areas in the world . It is the provincial capital of Gauteng , the wealthiest province in South Africa. Johannesburg is the seat of the Constitutional Court , the highest court in South Africa. Most of the major South African companies and banks have their head offices in Johannesburg. The city
1064-565: Is the principal clerk attached to the office of the surveyor-general Hendrik Dercksen, Christiaan Johannes Joubert , who was a member of the Volksraad and was the Republic's chief of mining. Another was Stephanus Johannes Paulus Kruger (better known as Paul Kruger ), president of the South African Republic (ZAR) from 1883 to 1900. Johannes Meyer , the first government official in the area
1140-408: The 2008 xenophobic riots . A completely refurbished Soccer City stadium in Johannesburg hosted the 2010 FIFA World Cup final . From 22 to 24 August 2023, Johannesburg hosted 15th BRICS summit . On 31 August 2023, at least 76 people died when a building caught fire in Johannesburg. The building had been taken over by a gang who were illegally renting it out. Johannesburg is located in
1216-720: The JSE Securities Exchange and the Johannesburg Stock Exchange ) is the largest stock exchange in Africa . It is located in Sandton , Johannesburg , South Africa , after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$ 182.6 billion (€158 billion), as well as an average monthly traded value of US$ 6.399 billion (€5.5 billion). As of March 2022,
1292-638: The Johannesburg South Africa Temple ( Church of Jesus Christ of Latter-day Saints ). Most of Johannesburg's estimated 50,000 Jews live in the North Eastern suburbs; Glenhazel , Raedene Estate , Kew , Norwood , Highlands North , Sandringham , Savoy Estate , Waverley , Orchards , Oaklands and Fairmount . There are many Orthodox synagogues in the city including; Great Park Synagogue , Oxford Shul and Doornfontein Synagogue . There
1368-479: The Orange . Most of the springs from which many of these streams emanate are now covered in concrete and canalised, accounting for the fact that the names of early farms in the area often end with "fontein", meaning "spring" in Afrikaans. Braamfontein, Rietfontein, Zevenfontein, Doornfontein, Zandfontein and Randjesfontein are some examples. When the first white settlers reached the area that is now Johannesburg, they noticed
1444-514: The Sharpeville massacre . On 11 July 1963, the South African Police raided a house in the Johannesburg suburb of Rivonia where nine members of the banned African National Congress (ANC) were arrested on charges of planning sabotage. Their arrest led to the famous Rivonia Trial . The nine arrested included one Indo-South African, one coloured, two whites and five blacks, one of whom was
1520-453: The Soweto uprising of 1976. Between 1984 and 1986, South Africa was in turmoil as a series of nationwide protests, strikes and riots took place against apartheid, and the black townships around Johannesburg were scenes of some of the fiercest struggles between the police and anti-apartheid demonstrators. The central area of the city underwent something of a decline in the 1980s and 1990s, due to
1596-482: The market capitalisation of the JSE was at US$ 2.35 trillion. The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting
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#17330925984361672-445: The 21st century, there was light sleet in 2006, as well as snow proper on 27 June 2007 (accumulating up to 10 centimetres or 4 inches in the southern suburbs), 7 August 2012, and 10 July 2023. Regular cold fronts pass over in winter bringing very cold southerly winds but usually clear skies. The annual average rainfall is 713 millimetres (28.1 in), which is mostly concentrated in the summer months. Infrequent showers occur through
1748-473: The British chain Whistles with its 46 retail shops. In 2017, the company acquired Australian retail company Retail Apparel Group from Navis Capital Partners. In March 2020, TFG announced that, during the on-going COVID-19 pandemic , the company would cease to pay rents for its retail locations during the resultant lockdowns in South Africa . During the course of 2020, TFG acquired the chain of Jet stores from
1824-508: The Cradle of Humankind together with his partner Johannes Stephanus Minnaar where they first discovered gold in 1881, and which also offered another kind of discovery—the early ancestors of all mankind. Some report Australian George Harrison as the first to make a claim for gold in the area that became Johannesburg, as he found gold on a farm in July 1886. He did not remain in the area. On 3 October 1886
1900-592: The Gatsrand Pass (near Zakariyya Park) on 27 May, north of Vanwyksrust—today's Nancefield, Eldorado Park and Naturena—the next day, culminating in a mass infantry attack on what is now the waterworks ridge in Chiawelo and Senaoane on 29 May. During the Boer war, many African mineworkers left Johannesburg creating a labour shortage, which the mines ameliorated by bringing in labourers from China, especially southern China. After
1976-558: The JSE became a founding member of the United Nations Sustainable Stock Exchanges initiative on the eve of the United Nations Conference on Sustainable Development (Rio+20) . On 14 April 2014, the JSE re-branded to demonstrates the bourse's identity as a modern African marketplace that connects investors to growth opportunities not only in South Africa but globally. In May 2022, the JSE became
2052-643: The JSE become an active member of the African Stock Exchanges Association. After 108 years, the open outcry system of trading was changed to an electronic system on 7 June 1996. In September 2000, the Johannesburg Securities Exchange moved to its present location in Sandton, Gauteng at the corner of Maude Street and Gwen Lane. It adopted the JSE Securities Exchange as its new official name. In 2001 an agreement
2128-640: The Matabele, the name given them by the local Sotho–Tswana), set up a kingdom to the northwest of Johannesburg around modern-day Rustenburg. The main Witwatersrand gold reef was discovered in June 1884 on the farm Vogelstruisfontein by Jan Gerritse Bantjes , son of Jan Bantjes , this triggered the Witwatersrand Gold Rush and the founding of Johannesburg in 1886. The discovery of gold rapidly attracted people to
2204-521: The Metropolitan Municipality, the old centre, established in 1886 and given city status in 1928, has been listed in recent censuses as a "main place". As of 2011 , this main place had a population of 957,441 and an area of 334.81 km . Some authors consider the metropolitan area to include most of Gauteng province. The UN 's Population Division in 2016 estimated the metropolitan area population to be 9,616,000. Blacks account for 73% of
2280-628: The administrative boundary of the municipality . The population of the whole area has been estimated to be variously at 7,860,781 in 2011 by "citypopulation.de",. Johannesburg's suburbs are the product of urban sprawl and are regionalised into north, south, east and west, and they generally have different personalities. Greater Johannesburg consists of more than five hundred suburbs in an area covering more than two hundred square miles (520 square kilometres). Although black Africans can be found throughout Johannesburg and its surrounding area, greater Johannesburg remains highly racially segregated. Within
2356-471: The area, making necessary a name and governmental organisation for the area. Jan, Johan and Johannes were common male names among the Dutch of that time; two men involved in surveying the area for the best location of the city, Christian Johannes Joubert and Johann Rissik, are considered the source of the name by some. Johannes Meyer, the first government official in the area is another possibility. Precise records for
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2432-596: The choice of name were lost. Within ten years, the city of Johannesburg included 100,000 people. In September 1884, the Struben brothers discovered the Confidence Reef on the farm Wilgespruit near present-day Roodepoort, which further boosted excitement over gold prospects. The first gold to be crushed on the Witwatersrand was the gold-bearing rock from the Bantjes mine crushed using the Struben brothers stamp machine. News of
2508-476: The city centre. The De Wildt Cheetah Centre in the Magaliesberg runs a successful breeding program for cheetah , wild dog and other endangered species . The Rhino & Lion Nature Reserve, situated in the "Cradle of Humankind" on 1200 ha of "the typical highveld of Gauteng" also runs a breeding programme for endangered species including Bengal tigers, Siberian tigers and the extremely rare white lion . To
2584-410: The city with the number growing every year—1.2 million on pavements and sidewalks, and a further 4.8 million in private gardens. City Parks continues to invest in planting trees, particularly those previously disadvantaged areas of Johannesburg which were not positive beneficiaries of apartheid Johannesburg's urban planning. Johannesburg Botanical Garden , located in the suburb of Emmarentia ,
2660-500: The committee. Policy decisions are made by the committee and carried out by a full-time executive committee headed by the executive president. The JSE is governed by its members but through their use of JSE services and facilities, these members are also customers of the Exchange. Each year the JSE must apply to the Minister of Finance for an operating license which vests external control of
2736-1048: The community, social and personal services and 12% are in manufacturing. Only 0.7% work in mining. 53% belong to mainstream Christian churches, 24% are not affiliated with any organised religion, 14% are members of African Independent Churches , 3% are Muslim , 1% are Jewish and 1% are Hindu . There are Muslim mosques, Hindu temples, A Sikh Gurudwara (Sikh Temple) in Sandton and a large number of synagogues. Places of worship in Johannesburg are predominantly Christian churches: Serbian Orthodox Church , Zion Christian Church , Apostolic Faith Mission of South Africa , Assemblies of God , Baptist Union of Southern Africa ( Baptist World Alliance ), Dutch Reformed Church in South Africa (NGK) , Methodist Church of Southern Africa ( World Methodist Council ), Anglican Church of Southern Africa ( Anglican Communion ), Presbyterian Church of Africa ( World Communion of Reformed Churches ), Roman Catholic Archdiocese of Johannesburg ( Catholic Church ) and
2812-421: The course of the winter months. The lowest nighttime minimum temperature ever recorded in Johannesburg is −8.2 °C (17.2 °F), on 13 June 1979. The lowest daytime maximum temperature recorded is 1.5 °C (34.7 °F), on 19 June 1964. According to the 2011 South African National Census , the population of Johannesburg is 4,434,827 people, making it the most populous city in South Africa (it has been
2888-485: The discovery soon reached Kimberley and directors Cecil Rhodes and Sir Joseph Robinson rode up to investigate the rumours for themselves. They were guided to the Bantjes camp with its tents strung out over several kilometres and stayed with Bantjes for two nights. In 1884, they purchased the first pure refined gold from Bantjes for £3,000. Incidentally, Bantjes had from 1881 been operating the Kromdraai Gold Mine in
2964-507: The eastern plateau area of South Africa known as the Highveld , at an elevation of 1,753 metres (5,751 ft). The former Central Business District is located on the southern side of the prominent ridge called the Witwatersrand (English: White Water's Ridge) and the terrain falls to the north and south. By and large the Witwatersrand marks the watershed between the Limpopo and Vaal rivers as
3040-464: The entry of African workers to the gold reefs. The Johannesburg Exchange & Chambers Company was established by a London businessman, Benjamin Minors Woollan and housed at the corner of Commissioner and Simmonds Streets. Out of this the JSE was born on 8 November 1887. What immediately gave the JSE a clear advantage over exchanges such as Kimberley, Barberton, and, most importantly, London,
3116-753: The exchange in advance. The Alternative Exchange is a stock exchange that was founded as a division of the JSE in order to accommodate small- and medium-sized high growth companies. Its website is accessible from the front page of the JSE's main website. The Alternative Exchange is known as AltX . The bourse is operated by JSE Limited, a company that listed on its own main board in June 2006. Johannesburg Johannesburg ( / dʒ oʊ ˈ h æ n ɪ s b ɜːr ɡ / joh- HAN -iss-burg , US also /- ˈ h ɑː n -/ - HAHN - , Afrikaans: [jʊəˈɦanəsbœrχ] ; Zulu and Xhosa : eGoli [ɛˈɡɔːli] ) (colloquially known as Jozi , Joburg , Jo'burg or " The City of Gold ")
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3192-806: The exchange in the FSB . The JSE's fully automated (electronic trading) trading system is called the Millennium Exchange, which replaced the JSE TradElect system in 2012, which in turn had replaced the JSE SETS system in April 2007, which had replaced the JSE JET system in May 2002. The change to the Millennium Exchange involved moving the platform from London to a new platform housed in the JSE building in Johannesburg, thus speeding up
3268-527: The execution of transactions. The JSE operates an order-driven, central order book trading system with opening, intra-day and closing auctions. In August 1997, the JSE launched the real-time Stock Exchange News Service (Sens) to enhance market transparency and investor confidence. Initially, it was optional for listed companies to use the service during its two-month trial period. From 15 October, augmented JSE listing requirements oblige companies to disseminate any corporate news or price-sensitive information on
3344-454: The first exchange to come to market with a new service from provider xyt that would utilize peer group rankings to help trading firms explore market share and examine and view trading interactions and performance. It would be called JSE Trade Explorer. The JSE provides a market where securities can be traded freely under a regulated procedure. It not only channels funds into the economy, but also provides investors with returns on investments in
3420-504: The form of dividends. The exchange successfully fulfils its main function—the raising of primary capital—by rechannelling cash resources into productive economic activity, thus building the economy while enhancing job opportunities and wealth creation. The exchange is directed by an honorary committee of 16 people, all with full voting rights. The elected stockbroking members, who cannot number less than eight or more than eleven, may appoint an executive president and five outside members to
3496-450: The future president Nelson Mandela . At their trial, the accused freely admitted that they were guilty of what they were charged with, namely of planning to blow up the hydro-electric system of Johannesburg to shut down the gold mines, but Mandela argued to the court that the ANC had tried non-violent resistance to apartheid and failed, leaving him with no other choice. The trial made Mandela into
3572-408: The glistening rocks on the ridges, running with trickles of water, fed by the streams—giving the area its name, the Witwatersrand, "the ridge of white waters". Another explanation is that the whiteness comes from the quartzite rock, which has a particular sheen to it after rain. The site was not chosen for its streams, however. The main reasons the city was founded where it stands today was because of
3648-452: The gold. Indeed, the city once sat near massive amounts of gold, given that at one point the Witwatersrand gold industry produced forty per cent of the planet's gold. Parks and gardens in Johannesburg are maintained by Johannesburg City Parks and Zoo . City Parks is also responsible for planting the city's many green trees, making Johannesburg one of the 'greenest' cities in the world. It has been estimated that there are six million trees in
3724-508: The government to live separately. Work was considered to be an exception to apartheid in order to keep Johannesburg functioning as South Africa's economic capital. In the 1950s, the government began a policy of building townships for black families (prior to this unskilled workers were asked to work on "single status" in male-only hostels at the mines and had to commute to see their families in whatever province they originated) outside of Johannesburg to provide workers for Johannesburg. Soweto ,
3800-577: The high crime rate and when property speculators directed large amounts of capital into suburban shopping malls, decentralised office parks, and entertainment centres. Sandton City was opened in 1973, followed by Rosebank Mall in 1976, and Eastgate in 1979. During the 1990s, the city faced rapid growth of crime throughout large parts of the city. Some areas of skyscrapers were abandoned, many residents left their homes, and businesses moved out. Some historical buildings in central areas were destroyed by fires that spread relentlessly. Like many cities around
3876-420: The high elevation and its location in the subtropics. Winter is the sunniest time of the year, with mild days and cool nights, dropping to 4.1 °C (39.4 °F) in June and July. The temperature occasionally drops to below freezing at night, causing frost . Snow is a rare occurrence, with snowfall having been experienced in the twentieth century during May 1956, August 1962, June 1964 and September 1981. In
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#17330925984363952-514: The informal leadership of Col Ignatius Ferreira , was located in the Fordsburg dip, possibly because water was available there, and because of the site's proximity to the diggings. Following the establishment of Johannesburg, the area was taken over by the Transvaal government who had it surveyed and named it Ferreira's Township, today the suburb of Ferreirasdorp . The first settlement at Ferreira's Camp
4028-672: The land increased, tensions developed between the Boer –dominated Transvaal government in Pretoria and the British, culminating in the Jameson Raid that ended in fiasco at Doornkop in January 1896. The Second Boer War (1899–1902) saw British forces under Field Marshal Frederick Sleigh Roberts, 1st Earl Roberts, occupy the city on 30 May 1900 after a series of battles to the south-west of its then-limits, near present-day Krugersdorp. Fighting took place at
4104-475: The late 1970s until 1994, Soweto is now part of the Greater Johannesburg metropolitan area. An acronym for "South-Western Townships", Soweto was organised initially as a collection of nondescript settlements on the outskirts of the city, populated mostly by African labourers working in the gold mining industry. Soweto , although eventually incorporated into Johannesburg, had been explicitly separated as
4180-521: The most populous city in South Africa since at least the 1950s). From the 2001 census, the people live in 1,006,930 formal households, of which 86% have a flush or chemical toilet , and 91% have refuse removed by the municipality at least once a week. 81% of households have access to running water, and 80% use electricity as the main source of energy. 29% of Johannesburg residents stay in informal dwellings. 66% of households are headed by one person. Johannesburg's urban agglomeration spreads well beyond
4256-472: The name Johannesburg was first used. Surveyor Jos de Villiers surveyed Johannesburg's first neighborhood, Randjeslaagte, between 19 October and 3 November that year. Gold was earlier discovered some 400 kilometres (249 miles) to the east of present-day Johannesburg in Barberton . Gold prospectors soon discovered the richer gold reefs of the Witwatersrand offered by Bantjes. The original miners' camp, under
4332-686: The north of the city. In the late 1960s and early 1970s, tower blocks (including the Carlton Centre and the Southern Life Centre ) filled the skyline of the central business district. The system of apartheid , a comprehensive system of racial separation was imposed upon South Africa starting in 1948. For its growth, the economy of Johannesburg depended upon hundreds of thousands of skilled white workers imported from Europe and semi- and un-skilled black workers imported from other parts of Southern Africa. Though they worked together they were forced by
4408-591: The northern part of the city is drained by the Jukskei River while the southern part of the city, including most of the Central Business District, is drained by the Klip River . The north and west of the city has undulating hills while the eastern parts are flatter. Johannesburg may not be built on a river or harbour, but its streams contribute to two of southern Africa's mightiest rivers, the Limpopo and
4484-498: The parts of the former Transvaal province in which Johannesburg is situated. Many Sotho–Tswana towns and villages in the areas around Johannesburg were destroyed and their people driven away during the wars emanating from Zululand during the late 18th and early 19th centuries (the mfecane or difaqane wars), and as a result, an offshoot of the Zulu kingdom, the Ndebele (often referred to as
4560-437: The population, followed by whites at 18%, coloureds at 6% and Asians at 4%. 42% of the population is under the age of 24, while 6% of the population is over 60 years of age. 37% of city residents are unemployed. 91% of the unemployed are Black African. Women comprise 43% of the working population. 19% of economically active adults work in wholesale and retail sectors, 18% in financial, real estate and business services, 17% in
4636-481: The service prior to using any other media outlet. Sens is carried by all the major wire services . Since its inception over ten years ago, Strate (Pty) Ltd has become the licensed South Africa's Central Securities Depository (CSD) for the electronic settlement of financial instruments in South Africa. Strate's stated core purpose is to mitigate risk, bring efficiencies to South African financial markets and improve its profile as an investment destination. Strate handles
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#17330925984364712-700: The settlement of a number of securities, including equities and bonds for the Johannesburg Stock Exchange (JSE), as well as a range of derivative products such as warrants, exchange-traded funds (ETFs), retail notes and tracker funds. It has now added the settlement of money market securities to its portfolio of services. It provides services to issuers for their investors in terms of the Companies Act and Securities Services Act (SSA), 2004. JSE's normal trading sessions are from 9:00am to 5:00pm on all weekdays except Saturdays, Sundays and holidays declared by
4788-647: The south, 11 kilometres (6.8 miles) from the city centre, is the Klipriviersberg Nature Reserve home to large mammals and hiking trails. Separating Lenasia and the Soweto suburbs is the Olifantsvlei Nature Reserve protected area. Johannesburg is situated on the highveld plateau, and has a subtropical highland climate ( Köppen Cwb ). The city enjoys a sunny climate, with the summer months (October to April) characterised by hot days followed by afternoon thundershowers and cool evenings, and
4864-481: The trading hall became too small and had to be rebuilt but this too was outgrown. Trading then moved into the street. The Mining Commissioner closed off Simmonds Street between Market Square and Commissioner Street by means of chains. In 1903, a new building was built for the JSE on Hollard Street. It was a storey building that took up an entire whole city block bounded by Fox and Main, Hollard and Sauer Streets. After World War II , it became apparent that this building
4940-488: The war, they were replaced by black workers, but many Chinese stayed on, creating Johannesburg's Chinese community, which during the apartheid era, was not legally classified as "Asian", but as "Coloured". The population in 1904 was 155,642, of whom 83,363 were whites . In 1917, Johannesburg became the headquarters of the Anglo-American Corporation founded by Ernest Oppenheimer which ultimately became one of
5016-412: The winter months (May to September) by dry, sunny days followed by cold nights. Temperatures in Johannesburg are usually fairly mild due to the city's high elevation, with an average maximum daytime temperature in January of 25.6 °C (78.1 °F), dropping to an average maximum of around 16 °C (61 °F) in June. The UV index for Johannesburg in summers is extreme, often reaching 14–16 due to
5092-451: The world's largest corporations, dominating both gold-mining and diamond-mining in South Africa. Major building developments took place in the 1930s, after South Africa went off the gold standard. In the late 1940s and early 1950s, Hillbrow went high-rise. In the 1950s and early 1960s, the apartheid government constructed the massive agglomeration of townships that became known as Soweto . New freeways encouraged massive sub urban sprawl to
5168-525: The world, there is an increasing focus on the rejuvenation of the inner city of Johannesburg. One of these initiatives is the Maboneng District located on the south-eastern side of the CBD . Originally a hub for art, it has expanded to include restaurants, entertainment venues and retail stores as well as accommodation and hotels. Maboneng calls itself "a place of inspiration—a creative hub, a place to do business,
5244-421: Was a rough and disorganised place, populated by white miners from all continents, African tribesmen were recruited to perform unskilled mine work, African women beer brewers cooked for and sold beer to the black migrant workers, a very large number of European prostitutes, gangsters, impoverished Afrikaners, tradesmen, and the " AmaWasha ", Zulu men who surprisingly dominated laundry work. As the value of control of
5320-530: Was again inadequate and in 1947 the decision was made to rebuild the stock exchange. It took 11 years before construction began and in February 1961 the second exchange at Hollard Street was officially opened. By 1963, the JSE became a member of the Federation International Bourses de Valeurs (FIBV). In 1978, the JSE took up residence at 17 Diagonal Street near Kerk Street, Johannesburg . 1993 saw
5396-459: Was established as a tented camp and which soon reached a population of 3,000 by 1887. The government took over the camp, surveyed it and named it Ferreira's Township. By 1896, Johannesburg was established as a city of over 100,000 inhabitants, one of the fastest growing cities ever. Mines near Johannesburg are among the deepest in the world, with some as deep as 4,000 metres (13,000 ft). Like many late 19th-century mining towns, Johannesburg
5472-556: Was largely settled by various Sotho–Tswana communities (one linguistic branch of Bantu-speakers), whose villages, towns, chiefdoms and kingdoms stretched from the Bechuanaland Protectorate (what is now Botswana ) in the west, to present day Lesotho in the south, to the present day Pedi areas of the Limpopo Province . More specifically, the stone-walled ruins of Sotho–Tswana towns and villages are scattered around
5548-472: Was one of the host cities of the official tournament of the 2010 FIFA World Cup including the final . The metropolis is an alpha global city , as listed by the Globalization and World Cities Research Network . In 2019, the population of the city of Johannesburg was 5,635,127, making it the most populous city in South Africa. In the same year, the population of metro Johannesburg's urban agglomeration
5624-416: Was put at 8 million. Land area of the municipal city (1,645 km or 635 sq mi) is large in comparison with those of other major cities, resulting in a moderate population density of 2,364 per square kilometre (6,120/sq mi). Controversy surrounds the origin of the name. There were quite a number of people with the name "Johannes" who were involved in the early history of the city. Among them
5700-564: Was struck with the London Stock Exchange enabling cross-dealing between the two bourses and replacing the JSE's trading system with that of the LSE. In 2009 the JSE acquired the Bond Exchange of South Africa for R240 million and rebranded it the JSE debt market adding South African government and corporate bonds as well as interest rate derivatives to its product set. On 18 June 2012,
5776-458: Was that listing of companies for a quotation on the Official List of the JSE was an easy and relatively cheap procedure. This relatively simple and non-restricting nature of the early Exchange promoted a wave of initial registrations on the Official List, with 68 companies by the end of November 1887. The Official List further expanded to more than 300 companies by the end of January 1890. By 1890
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