Gauteng is the financial capital of Africa: more than 70 foreign banks have their head offices in the province, and at least that number of South African banks, stockbrokers and insurance giants. The JSE Ltd in Johannesburg is the largest securities exchange in Africa.
The province's economy is moving away from traditional heavy industry markets and low value-added production towards sophisticated high value-added production, particularly in information technology, telecoms and other high-tech industries.
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