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The Randlords (Afrikaans: randhere) were the capitalists who controlled the diamond and gold mining industries in South Africa from the 1870s to the First World War.. A small number of European financiers, largely of the same generation, gained control of the diamond mining industry at Kimberley.
The rand takes its name from the Witwatersrand ("white waters' ridge" in English, rand being the Afrikaans and Dutch word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In English, Afrikaans and Dutch, the singular and plural forms of the unit ("rand") are the same: one rand ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 January 2025. The following Forbes list of South African billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2023. 2023 South African billionaires list World Rank Name Citizenship Net worth (USD) Source of wealth 2 Elon Musk [a] South Africa ...
The economy of South Africa is the largest economy in Africa, it is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 29 ] [ 30 ] [ 31 ] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 32 ]
Benoni is a town on the East Rand, Gauteng, South Africa, some 26 kilometres (16 mi) east of Johannesburg, within the City of Ekurhuleni municipality. [ 2 ] [ 3 ] Benoni was also the setting for the MTV -inspired movie Crazy Monkey: Straight Outta Benoni , released internationally in 2005.
The Witwatersrand sits on the South African Highveld and consists of mostly grasslands with summer rains with an average yearly of 784mm rainfall. [1]: 210 The Witwatersrand ridge stretches for 96 km from east to west with rivers north of the ridge flowing to north into the Limpopo and into the Indian Ocean while the rivers south of the ridge flow south into the Vaal and Orange River and into ...
The first students registered on 3 February 1968, and on 24 February of that year the Rand Afrikaans University was officially opened [5] with just over 700 registered students, and the inauguration of its first Chancellor (the then Minister of Finance and later third State President of South Africa), Nico Diederichs, and Vice Chancellor ...
Spaza shop in Joe Slovo Park, Cape Town. Spaza shops, also known as tuck shops, originated in Apartheid-era South Africa when enterprising historically disadvantaged individuals were restricted from owning formal businesses, they began setting up informal, micro-convenience shops from their homes to serve their communities' daily needs in the townships.