We've got news for you.

Register on TimesLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

‘Forget localisation, just add megawatts,’ says RMB's James Formby

Outgoing CEO says lack of electricity is greatest threat to SA's economic growth and blames localisation drive for delay to renewable energy projects

15 May 2022 - 00:00 By CHRIS BARRON

James Formby, the outgoing CEO of Rand Merchant Bank (RMB), the biggest investment bank in the country, says that instead of obsessing about localisation the government should be obsessing about adding megawatts to the grid...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.