The people of Gauteng have the highest per capita income level in the country. The most important economic sectors are financial and business services, logistics and communications, and mining. As the financial capital of Africa, more than 70 foreign banks have their head offices in the province. The province is home to 3 metropolitan municipalities, namely: Johannesburg, Tshwane and Ekurhuleni.
Johannesburg is the province’s financial capital, with advantages including well-developed infrastructure, and is the site of the Johannesburg Stock Exchange (JSE) which is the largest securities exchange in Africa.
The City of Tshwane is a main hub for South Africa’s automotive industry, contributing to 40% of overall national production, and has competitive advantages in metal production and the defense industry.