African Rainbow Capital Investments on track

African Rainbow Capital Investments (ARC), founded by Patrice Motsepe, on Friday provided a performance overview of its investments in the ARC Fund, its investment vehicle, which holds stakes including Rain and TymeBank, for the first quarter of 2021, which were on...

Rain Mobile is now valued at R17.1 billion

African Rainbow Capital (ARC) released its interim financial results for the six months ended 31 December 2020, which revealed that it values Rain at R17.1 billion. Rain’s valuation showed exceptional growth over the last three years, rising from R9.46 billion in...
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