Sandton

Sandton is a suburb of the City of Johannesburg, South Africa in the Gauteng Province. The name comes from the combination of two suburbs, Sandown and Bryanston, both of which were named after places in the United Kingdom. In 1969 Santon was promulgated as a municipality in its own right, but lost it status as an independent town in 1994 town during the re-organisation of South African local governments.

It has become the new financial centre of South Africa and Johannesburg's premier business centre. Much of the financial focus of Johannesburg has shifted from the Central Business District to Sandton, especially in the last 15 years. However, three of South Africa's four largest banks have kept their head offices in downtown Johannesburg, along with Transnet, the transport parastatal. The other bank, Nedbank, has its headquarters in Sandton.

But much of the "new money" has moved north to Sandton, including investment banks, financial consultants and the like. A considerable amount of the city's A-grade office space is to be found in Sandton. The JSE Securities Exchange, Johannesburg's stock exchange, relocated its offices to Sandton from the Central Business District in the late 1990s. Sandton's gain was the central business district's loss: it resulted from urban blight of the downtown Johannesburg area.

Sandton is home to the Sandton Convention Centre, one of the largest convention centres on the continent and primary site of the 2002 World Summit on Sustainable Development (also known as "Rio + 10"), which Johannesburg hosted. The convention centre also hosted the African National Congress' victory celebrations after the party won the 2004 elections.

Hewlett Packard's South Africa office is in Sandton.

One of the main attractions in Sandton is Sandton City, which ranks among the largest shopping centres in Africa. Together with Nelson Mandela Square, the centre, with some 144,000 m2 of shopping space, is one of the largest in the Southern Hemisphere, larger than Sydney's Westfield Parramatta or Melbourne's Southland Shopping Centres. Much of Johannesburg's business tourism is centred on Sandton, which has a string of 5-star hotels.

 

17 °C


Rain, light rain (0.8 mm last hour)


Wind0.51 m/s
Cloudiness100 %
Temperature (min/max)17/18 °C
Pressure1018 hpa
Humidity96 %
Last update: 22 Dec 2024 @ 07:23

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Featured Businesses

  • Mosetlha Bush Camp

    Located in Sandton, Johannesburg, Gauteng, South Africa

    Mosetlha Bush CampVisit Mosetlha Bush Camp in SandtonREAD MORE

  • Coachmans Inn 2012-07-31

    Located in Sandton, Johannesburg, Gauteng, South Africa

    Coachmans Inn Coachmans Inn in Lyme Park, Sandton, Johannesburg, opened its doors in 1982, as an upmarket restaurant offering diners the best of French cuisine. Over the years the city has expanded and modernised, but Coachmans Inn has retained its true Tudor style facade and menu of genuine French cuisine. Although we have a vast menu, due to patrons requests, we also have numerous daily specials to choose from. The atmosphere at Coachmans Inn is cosy and romantic, and this together with excellent service and delicious food, is the perfect combination for an enjoyable evening out. Over the years, the premises have expanded, and there are now 7rooms done up in colours ranging from burgundy to royal blue to emerald green. There are also 2 terraces for diners who enjoy eating outdoors and taking in the South African sunshine.READ MORE

Featured Businesses

  • Summerview2008-09-23

    Located in Sandton, Johannesburg, Gauteng, South Africa

    SummerviewSummerview Guest Lodge, Sandton, is a safe and secure lodge in a private manor estate setting. All rooms are large and private chalets.READ MORE

  • Hilton Sandton2013-10-18

    Located in Sandton, Johannesburg, Gauteng, South Africa

    Hilton SandtonWith easy access to great shopping, the main banking institutions and the Johannesburg Stock Exchange, the hotel is the ideal base for business and leisure guests.READ MORE