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South Africa’s richest city crumbling in front of everyone’s eyes | SA News

Staff Writer
 ·24 Jul 2025

South Africa’s richest city, Johannesburg, is facing a series of challenges, with severe infrastructure problems, weak governance and rampant crime plaguing residents.

Johannesburg remains the nation’s financial hub, with several of the largest companies headquartered in the city.

The Johannesburg CBD was once the city’s business centre, with Standard Bank, Anglo America, the JSE, and many other corporations operating there.

However, governance failures during the final years of apartheid and the shift to democracy saw the CBD…

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  2. Fun South African Fact: Can you think of any other place in the world where two Nobel Peace Prize winners lived on the same street? Both Nelson Mandela and Archbishop Desmond Tutu had houses on Vilakazi Street in Soweto.