PROVINCIAL DEVELOPMENT
Gauteng’s government is moving to ensure innovative and rapid growth
A series of programmes aim to develop an infrastructure that will expand economic opportunities
One of the most compelling narratives of the 21st century has been the rise of cities and city states. It marked an important departure from the notion that sovereign states are the centres of economic activity. To underscore this point, New York has an economy bigger than Canada’s, for instance, whilst Osaka (Japan) ranks higher than Switzerland. This phenomenon has also found traction on our own continent, with Gauteng featuring as one of the 10 largest economies in Africa with an estimated size of R1.063-trillion in 2017, contributing about 35% of SA’s economic output. This brings into sharp focus the role of subnational governments in managing their economies, as key instruments to build inclusive economies that are a catalyst for bridging inequality and building socioeconomic prosperity. In 2014 the ANC-led Gauteng provincial government adopted a 10-pillar programme for the transformation, modernisation and reindustrialisation of Gauteng over 15 years, aimed at gearing the prov...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.