Johnathan Paoli
Gauteng Member of the Executive Council (MEC) for Finance, Lebogang Maile, has highlighted the impact of immigration, from both within the country and the continent on the Gauteng economy as having a positive spinoff.
Maile briefed the media on Sunday at the Gauteng Infrastructure Financing Agency offices in Sandton, outlining the key priorities of the seventh provincial administration and touched on the provincial budget and the state of Gauteng’s economy.
The MEC, in praising the growth of the province’s GDP, said Gauteng’s economy currently stood at R2.4 trillion and accounted for 34% of the nation’s gross domestic product (GDP).
“Gauteng GDP per capita grew from R24 095 in 1994 to R126 547 in 2022. This has made it the province with the most taxpayers and the highest average taxable income per taxpayer,” he said.
Maile said employment in Gauteng grew from 3.4 million in 1994 to 5.06 million
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