ARC shares dip after its rights offer plan
African Rainbow Capital Investments will offer 272.73 million ordinary shares at a price of R2.75 a rights offer share SANDILE MCHUNU sandile.mchunu@inl.co.za AFRICAN Rainbow Capital Investments (ARC Investment) shed more than 6 percent on the JSE yesterday after the investment…
Motsepe’s African Rainbow Capital raises stake in Uber-like trucking firm
Compiled by Londiwe Buthelezi Patrice Motsepe-owned African Rainbow Capital (ARC) is increasing its interest in trucking just as the market predicts that logistics and warehousing sectors will be the big beneficiaries of the new normal ushered in by Covid-19. ARC…
African Rainbow Capital expands its investment in disruptive trucking company Linebooker
South Africa’s leading investment holding company African Rainbow Capital (ARC), founded and majority owned by Dr Patrice Motsepe, has through its relevant subsidiaries made an additional investment in Linebooker, a technology-led trucking business that has successfully disrupted the Southern African…
TymeBank set to hit two-million-customer milestone ahead of schedule
By Martin Creamer JOHANNESBURG (miningweekly.com) – Fully-digital retail finance house TymeBank is poised to achieve its two-million-customer milestone three months ahead of schedule, African Rainbow Capital (ARC), its majority shareholder, stated on Friday. Following its official launch in February…
TymeBank set to hit two-million-customer milestone ahead of schedule
By Martin Creamer JOHANNESBURG (miningweekly.com) – Fully-digital retail finance house TymeBank is poised to achieve its two-million-customer milestone three months ahead of schedule, African Rainbow Capital (ARC), its majority shareholder, stated on Friday. Following its official launch in February…
