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Blue IQ
Blue IQ is a multi-billion rand initiative to develop economic infrastructure for specific major projects in the technology sector, high value-added manufacturing and tourism. Set up by the Gauteng Provincial Government in South Africa, Blue IQ partners with business and government departments to promote strategic private sector investment in key growth sectors of the regional economy. Its aims are to establish a significantly higher economic growth in the Gauteng Province and to shift the mix of Gross Geographic Product Gross may refer to: Finance * Gross Cash Registers, a defunct UK company with a high profile in the 1970s * Gross (economics), is the total income before deducting expenses Science and measurement *Gross (unit), a counting unit equal to 14 ... (GGP) towards these sunrise industries that is technology, manufacturing and tourism. External links Blue IQweb siteGauteng Provincial Governmentweb site Government agencies of South Africa {{SouthAf ...
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South African Rand
The South African rand, or simply the rand, (sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni). It is subdivided into 100 cents (sign: "c"). The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini, with these three countries also having their own national currency (the dollar, the loti and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par. Etymology The rand takes its name from the Witwatersrand ("white waters' ridge" in English, ''rand'' being the Dutch and Afrikaans word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In English and ...
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Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewerage, sewers, electrical grids, and telecommunications (including Internet access, Internet connectivity and Broadband, broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing Commodity, commodities and services essential to enable, sustain, or enhance societal quality of life, living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to Climate change mitigation, mitigate and Climate change adaptation, adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and gre ...
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Technology
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes ...
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Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector of the economy, primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, Major appliance, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through whic ...
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Tourism
Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. The World Tourism Organization defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be domestic (within the traveller's own country) or international, and international tourism has both incoming and outgoing implications on a country's balance of payments. Tourism numbers declined as a result of a strong economic slowdown (the late-2000s recession) between the second half of 2008 and the end of 2009, and in consequence of the outbreak of the 2009 H1N1 influenza virus, but slowly recovered until the COV ...
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Gauteng Provincial Government
The government of Gauteng province in South Africa consists of a unicameral legislature elected by proportional representation, and an executive branch headed by a Premier who is elected by the legislature. Legislature The provincial legislature is a unicameral body of 73 members elected by a system of party-list proportional representation. The legislature is elected for a term of five years, unless it is dissolved early. By convention elections to the provincial legislature are held at the same time as elections to the National Assembly. The legislature meets in the Johannesburg City Hall. The most recent elections were held on 8 May 2019, and were won by the African National Congress (ANC) which obtained 37 of the 73 seats on the legislature. The composition of the legislature is as follows: , -style="background:#e9e9e9;" !colspan="2" style="text-align:left", Party !! style="text-align:center", Seats , - , , , 37 , - , , , 20 , - , , , 11 , - , , ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black Sou ...
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Gross Geographic Product
Gross may refer to: Finance * Gross Cash Registers, a defunct UK company with a high profile in the 1970s * Gross (economics), is the total income before deducting expenses Science and measurement *Gross (unit), a counting unit equal to 144 items * Gross weight * Gross heating value, see Heat of combustion Places *Gross, Illinois, an unincorporated community *Gross, Kansas, an unincorporated community * Gross mine, a gold mine in Russia *Gross, Nebraska, a village * Gross Hills, Ellsworth Land, Antarctica *33800 Gross __NOTOC__ Year 338 ( CCCXXXVIII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Ursus and Polemius (or, less frequently, year 1091 ' ..., an asteroid Other uses * Gross (surname) *In golf, the gross score is the number of strokes taken before accounting for any handicap allowances *"In gross", legally associated with a legal person as opposed ...
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Sunrise Industry
A sunrise industry is one that is new or relatively new, is growing fast and is expected to become important in the future. Examples of sunrise industries include hydrogen fuel production, petrochemical industry, food processing industry, space tourism, and online encyclopedia An online encyclopedia, also called an Internet encyclopedia, or a digital encyclopedia, is an encyclopedia accessible through the internet. Examples include Wikipedia and ''Encyclopædia Britannica''. Digitization of old content In January 19 ...s. See also * Sunset industry References Industries (economics) {{Econ-stub ...
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