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The economy of South Africa is the largest economy in Africa as of 2026. It is the continent's most industrialized, diversified and technologically advanced economy. South Africa is classified as an upper-middle-income country, and is considered amongst the leading middle powers in international relations.
Johannesburg is South Africa’s primary economic and financial centre, contributing about 16% of the country's gross domestic product and roughly 40% of Gauteng’s total economic output. In a 2008 Mastercard survey, the city was ranked 47th among the world's top 50 centres of commerce, making it the only African city on the list. Johannesburg is also the only African city to be classified as an Alpha global city by the Globalization and World Cities Research Network (GaWC). (Full article...)