Much to like about SA economy’s sophistication, says Citi

It is critical for SA to lift its low growth rate, but it remains attractive because of the scale and sophistication of its economy, says a senior executive of Citigroup, whose SA business was doing “very well” last year.

Citi’s David Livingstone, part of the US-based bank’s global executive team, said all three of its big institutional businesses are represented here, servicing the domestic and international needs of an SA-headquartered client base as well as the needs in SA and regionally of hundreds of multinational corporations operating in SA...

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