Meaning “place of gold” in Sesotho, Gauteng is a very young province that has only been established in 1994 under the new African National Congress (ANC). Gauteng is divided into 6 regions and also incorporates Johannesburg. Rich because of the mining industry and recognized worldwide for their high standards in IT and telecommunications technology, Gauteng is a diverse region with lots of wealth. Getting around is easy in Gauteng thanks to modern infrastructure and easy to travel roads and rail networks. Tourists to Gauteng can enjoy fast paced city life or go bush and absorb the tranquil African outdoors. Johannesburg and Pretoria are the regions mainstays with many attractions and things to do.
Gauteng's “nouveau riches” has enabled many property owners to make a lot of money in recent years. Diversity of property portfolios can help real estate owners to grow their profits while having the knowledge that the market won't dry up fast. Johannesburg will also be host to some of FIFA's world cup soccer games in 2010 which will bring thousands more tourists to the area. Having front row seats to one of the biggest sport events should be reason enough to look into local property right now.
