We've got news for you.

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

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.

“The lack of electricity is the greatest threat to SA’s economic growth. We all know that economic growth creates jobs, so obsessing about adding megawatts to the grid should be a collective priority across business, government and labour.”..

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 helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now