Africa’s most competitive city

JOBURG has once again come out tops, emerging as the continent’s most competitive city according to a new Economist Intelligence Unit (EIU) research report that was commissioned by the global financial services company, Citi.

Hot Spots, as the report is called, examined the competitiveness of 120 of the world’s major cities in terms of their ability to attract business, capital, talent and tourists. Joburg topped the charts for Africa, landing at 67.

“This report was commissioned for us to comprehend the importance of market competitiveness and to recognise where growth, opportunity and talent are likely to be found in the future,” said the Citi South Africa chief country officer, Donna Oosthuyse. “These findings offer significant facts which can be utilised to the benefits of our clients, institutions and municipalities.”