RMB CEO James Formby on why SA business can't ignore India

JOHANNESBURG — President Cyril Ramaphosa is set to have a state visit to India on 25-26 January. The visit will present another opportunity for Ramaphosa to drum up further investment for South Africa, following a major summit that he held late last year. India is increasingly becoming a key nation in global politics and business with the country set to become the fifth largest economy this year. Ramaphosa's visit to the country, therefore, will be among his most important to date. One major South African company that already has strong ties to India is interestingly that of Rand Merchant Bank (RMB). And in this interview, RMB CEO James Formby explains why SA businesses have to start taking a closer look at the Indian market. - Gareth van Zyl