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Gauteng south africa is a bustling hub of entrepreneurial activity with a rich history of innovation and technological advancement the area is home to a diverse population of over 14 million people with a strong focus on education and economic growth local universities such as the university of johannesburg and the university of pretoria have played a key role in fostering a culture of innovation and entrepreneurship with many successful startups emerging from their research programs despite a high unemployment rate of around 27 the living wage in gauteng is relatively high with an average monthly salary of around r20000 1400 usd this has helped to attract a wide range of talented individuals to the area many of whom are drawn to the vibrant startup scene over the years gauteng has been the birthplace of many successful companies including naspers mtn and sasol these companies have helped to establish the area as a major player in the global economy with a citylevel gdp of around 100 billion usd despite these successes the startup scene in gauteng is not without its challenges the rate of new companies starting and ending is relatively high with many entrepreneurs struggling to secure funding and support however the areas strong focus on education and innovation combined with its diverse population and high living wage make it an attractive destination for entrepreneurs looking to make their mark on the world with the right support and resources gauteng has the potential to become a true powerhouse in the global startup scene
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