African Rainbow Capital (ARC) released its financial statements for the year ended 30 June 2021, which revealed that it values Rain at R16.357 billion. ARC owns a 20.26% stake in Rain, down from 20.7% a year ago. The value of…
Bruce Whitfield interviews co-CEO Johan van der Merwe about African Rainbow Capital's year-end results and future plans. Patrice Motsepe’s African Rainbow Capital (ARC) has posted its results for the year ended 30 June 2021. The company's intrinsic portfolio value increased by…
South African digital banking group TymeBank has hit 3.45 million customers at the end of June 2021, onboarding around 5,000 customers daily. TymeBank reported 3 million customers at the end of March 2021, pointing to the onboarding of 450,000 customers…
African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to the group. The firm, controlled by South African billionaire Patrice Motsepe through his Ubuntu-Botho Investments company, already owns branchless TymeBank…
South African digital banking group TymeBank has hit 3.45 million customers at the end of June 2021, onboarding around 5,000 customers daily. TymeBank reported 3 million customers at the end of March 2021, pointing to the onboarding of 450,000 customers…
JSE-listed African Rainbow Capital’s (ARC’s) intrinsic portfolio value increased by 16.3% from R10.55-billion as at June 30, 2020, to R12.27-billion as at June 30, this year. Net fair value gains accounted for R909-million of the increase and net investments for…
JSE-listed African Rainbow Capital’s (ARC’s) intrinsic portfolio value increased by 16.3% from R10.55-billion as at June 30, 2020, to R12.27-billion as at June 30, this year. Net fair value gains accounted for R909-million of the increase and net investments for…
Digital bank TymeBank is set to introduce new salary advance products in the new financial year, as the bank seeks to diversify its client base. Salary advance products include the bank agreeing to give clients a portion, or the entirety, of…
African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to the group. The firm, controlled by South African billionaire Patrice Motsepe through his Ubuntu-Botho Investments company, already owns branchless TymeBank…
Please be aware of fraudsters claiming to collect investment deposits using African Rainbow Capital's name. The public can only invest in our business if they have a share trading account.
We will never take direct payment or deposits from the public.
