The boss of the local arm of Citi is very encouraged that SA is beginning to move in the right direction, but says there is a long way to go before the country passes the litmus test with investors in the form of rising foreign direct investment.

Peter Taylor, Citi’s chief country officer, said the announcements about the partial privatisation of power generation and the national airline bode well for further reforms that will resuscitate the country’s ailing economy. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now