Media
Media Contact:
Garry Ramaru
Garry.Ramaru@africanrainbowcapital.co.za
Mauritius: +230 403 0800
Cape Town: +27 21 1800 100
Johannnesburg: +27 10 9000 200
Media Statement: African Rainbow Capital warns the public against fraudulent investment scams using its name
MEDIA STATEMENT FOR IMMEDIATE RELEASE 4 June 2026 AFRICAN RAINBOW CAPITAL WARNS THE PUBLIC…
Media Release – Financial Results for the year ended 30 June 2024
Annual financial results announcement for the year ended 30 June 2024 NOTABLE STRATEGIC PROGRESS CULMINATES…
African Rainbow Capital ZAR750 Million Fully Committed And Underwritten Pro-rata Non-renounceable Rights Offer
MEDIA STATEMENT FOR IMMEDIATE RELEASE 21 November 2023 AFRICAN RAINBOW CAPITAL ZAR750 MILLION FULLY…
ARC Investments announces robust annual growth and notable progress in reshaping the portfolio
ARC Investments Annual financial results announcement for the year ended 30 June 2023 14 September…
Revamped Gold Cup returns with new sponsor
The African Rainbow Gold Cup – featuring 32 teams from around South Africa – kicks…
AFRICAN RAINBOW CAPITAL ACQUIRES MINORITY INTEREST IN GoSolr
Interest Acquisition is aligned to the company continuing to do business in a sustainable, environmentally…
Pick n Pay to list on A2X
SANDTON, 25 October 2022 - Pick n Pay Stores Limited has been approved for a…
Sygnia to list their new Sustainable Economy ETF on A2X
Monday, 17 October 2022: The Sygnia Itrix Sustainable Economy exchange traded fund (ETF) has been…
TymeBank’s TymeAdvance takes off as employers look to reduce employees’ financial stress
Johannesburg 20 September 2022 – TymeBank, South Africa’s fastest-growing digital bank, is helping South African businesses…
Implats to list on A2X
6 June 2022: Impala Platinum Holdings Limited (Implats) is to list on A2X Markets (A2X)…
AngloGold Ashanti to list on A2X
SANDTON, 30 May 2022 – AngloGold Ashanti Limited (AngloGold Ashanti) has been approved for a…
Fairvest to list on A2X
SANDTON, 4 May 2022 – Fairvest Limited has been approved for a secondary listing on…
SA Corporate Real Estate to list on A2X
25 April 2022 – SA Corporate Real Estate Limited (SA Corporate) has been approved for…
Sygnia to list New China Sectors ETF on A2X
Thursday, 21 April 2022: The Sygnia Itrix New China Sectors exchange traded fund (ETF) has…
TymeBank launches credit card in response to customer needs
Johannesburg, 03 February 2022: TymeBank, one of the world’s fastest growing digital banks, has officially…
TymeBank’s transaction charges continue to be the lowest in the market
Johannesburg 26 January 2022: Transaction charges at TymeBank, South Africa’s leading digital challenger bank, are significantly…
Data specialist, PBT Group to list on A2X
Tuesday 25 January 2022: PBT Group Limited (share code: PBG) has been approved for a…
First healthcare group in hospital sector to list on A2X
2021: Wednesday 8 December Netcare Limited has been approved for a secondary listing on A2X…
Gold producer, Pan African Resources to list on A2X
Monday, 6 December 2021: Gold producer Pan African Resources plc (Pan African) has been approved…
Sanlam and Absa to combine investment management businesses in South Africa
Sanlam, Africa’s largest non-banking financial services group, and Absa, one of Africa’s largest diversified financial…
TymeBank announces strategic partnership with TFG
Johannesburg 5 October 2021 – TymeBank, one of the world’s fastest-growing digital banks, is pleased…
Major benefit to South Africa as TymeBank attracts significant foreign investment from global investors
(Johannesburg and London) Leading South African digital bank TymeBank has secured an investment amounting to…
Media Statement Full-Year Financial Results for the 12 months to 30 June 2020
ARC Investments announces satisfactory full-year financial results Intrinsic Net Asset Value Per Share growth of…
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…
Media Statement TymeBank appoints new Board member
South Africa’s leading digital bank, TymeBank, today announced that it has appointed Ms Karabo Morule…
Motsepe Family and Associated Companies Pledge R1 billion for Dealing with Coronavirus Pandemic and Related Challenges
The Motsepe Family in partnership with companies and organisations that they are associated with, have…
Media Statement Interim Financial Results for the six months to 31 December 2019
Key Highlights Intrinsic Portfolio Value of R9,904 billion reported (30 June 2019: R9,359 billion) INAV…
ARCH Africa Renewable Power Fund announces $16.5M funding commitment to support C&I solar projects through CrossBoundary Energy
Funding enables the ongoing expansion of CrossBoundary Energy’s Commercial & Industrial solar services and is…
Zion Christian Church (ZCC) and TymeBank announce unique banking partnership
Leading South African investment holding company, African Rainbow Capital (ARC) which was founded by Dr…
African Rainbow Capital announces investment in specialist financial services company Capital Legacy
Johannesburg, 6 August 2019: Empowerment investment holding company African Rainbow Capital (ARC) today announced its…
African Rainbow Capital becomes 100% owner of TymeDigital
Leading empowerment investment holding company African Rainbow Capital (ARC) today announced it has obtained regulatory…
Media Statement FY Sept2018
Key highlights 2 % annualised increase in Intrinsic Net Asset Value (INAV) to R9,558 billion…
Why these 3 stocks offer promise in 2024
SIMON BROWN: I’m chatting in now with Chantal Marx, head of research at FNB Wealth and Investments. Chantal, I appreciate the…
African Rainbow Capital Investments announces R750m rights offer
Proceeds will be ploughed into the group’s ARC Fund to beef up investment in companies including Rain and TymeBank and…
ARC Investments sets out to raise R750m to invest in ARC Fund
Empowerment investment holding company African Rainbow Capital (ARC) Investments plans to raise R750-million through a fully committed and underwritten non-renounceable…
ARC To Launch R750 Million Rights Offer
African Rainbow Capital Investments (ARC Invest) is planning to raise R750 million through a rights offer which is set to…
Is African Rainbow Capital finally making it rain? (JSE: AIL)
Intrinsic net asset value per share has shown decent growth African Rainbow Capital Investments (commonly referred to as ARC) has been…
Kropz Secures Loan Facility to Fund Elandsfontein Operations
Kropz said that its subsidiary Kropz Elandsfontein has further extended a loan facility of 250 million South African rand ($13.3…
Kropz secures R250m loan facility from ARC Fund
Aim-listed Kropz, which operates the Elandsfontein phosphate mine, in South Africa, has secured a R250-million loan facility from the African…
Rain twice as valuable as Telkom
Mobile network operator Rain’s valuation has increased by R4.35 billion to R22.3 billion over the last six months thanks to…
Motsepe-owned ARC pumps more money into TymeBank, Rain
African Rainbow Capital (ARC) saw a significant increase in the company’s intrinsic value in the 2023 financial year and completed…
ARC grows intrinsic net asset value by 15.8%, reports portfolio restructuring progress
SE-listed investment holding company African Rainbow Capital (ARC) increased its intrinsic net asset value by 15.8% year-on-year to R15.3-billion for…
Rain now valued at twice Telkom’s market cap
Rain shareholder African Rainbow Capital (ARC) Investments has valued the wireless broadband upstart at R22.2-billion, nearly twice Telkom’s current market capitalisation.…
Rain’s valuation rockets to R22 billion
Mobile network operator Rain’s valuation has leapt by over R4.35 billion in the past six months, according to the latest…
Rain ‘tracks well’ amid rainOne demand
Telecommunications operator Rain has seen increasing demand for its rainOne 4G mobile voice offering in the three months since it launched…
ARC Investments boosts portfolio value even as discount widens
African Rainbow Capital Investments (ARC Investments), the empowered investment company backed by Patrice Motsepe, has reported a notable rise in…
ARC Investments announces robust annual growth and notable progress in reshaping the portfolio
ARC Investments Annual financial results announcement for the year ended 30 June 2023 14 September 2023 ARC INVESTMENTS ANNOUNCES…
ARC Investments boosts portfolio value
Business Day TV speaks to ARC co-CEO Johan van der Merwe Watch the interview here African Rainbow Capital Investments has…
Revamped Gold Cup returns with new sponsor
The African Rainbow Gold Cup – featuring 32 teams from around South Africa – kicks off in September following a…
African Rainbow Capital Acquires Stake In GoSolr, Advancing Solar Energy In South Africa
African Rainbow Capital (ARC), an investment holding company, has secured a minority stake in GoSolr, a residential solar energy company…
African Rainbow Capital Acquires Stake In GoSolr, Advancing Solar Energy In South Africa
African Rainbow Capital (ARC), an investment holding company, has recently obtained a minority interest in GoSolr, a residential solar energy…
Motsepe’s ARC expands solar portfolio with GoSolr stake
Empowerment investment holding company African Rainbow Capital (ARC) has acquired a minority shareholding in GoSolr, a residential solar energy company…
ARC acquires a minority interest in residential solar energy company
Investment holding company African Rainbow Capital (ARC) has acquired a minority interest in GoSolr – a residential solar energy company…
Kropz enters into R550m convertible facility agreement
Aim-listed emerging African phosphate producer and developer Kropz has entered into a new conditional convertible equity facility of up to…
TymeBank’s TymeAdvance takes off as employers look to reduce employees’ financial stress
Salary advance delivers significant benefits for cash-strapped employees TymeBank, South Africa’s fastest-growing digital bank, is helping South African businesses reduce…
TymeBank beats Discovery and Bank Zero in digital bank comparison
South Africans have three banks to choose from that don’t require visiting a branch to open an account or perform…
TymeAdvance aims to reduce employees’ financial stress
TymeBank is helping South African businesses reduce their employees’ financial stress with TymeAdvance, a zero-interest solution that gives staff early…
TymeBank, Rain boost ARC portfolio value
FIFI PETERS: African Rainbow Capital, the investment firm founded by Patrice Motsepe, released its annual results today. The company, which has investments in…
Rain is now valued at R18 billion
In what has been a whirlwind journey for Rain, growing rapidly and garnering a large, loyal following for fixed wireless…
Rain’s valuation jumps to R18 billion
African Rainbow Capital Investments (ARC) has reported an 11.3% increase in its intrinsic portfolio value, to R13 659 million - Co-CEO…
Rain will be “player of note” in fixed and mobile broadband
Rain intends to be a “player of note” in South Africa’s fixed and mobile broadband market, according to African Rainbow…
TymeBank Is Signing Up 130 000 Customers A Month
Digital bank TymeBank disclosed on Friday that it is sustaining the momentum of acquiring about 130 000 customers per month.…
Fledge Capital Hunts Acquisitions After Selling Its Stake In WeBuyCars
Independent investment company Fledge Capital is on the hunt for acquisitions after selling its stake in WeBuyCars. Fledge Capital provides…
TymeBank SA CEO Tauriq Keraan on the neo-bank’s international expansion – T2S2
Having successfully launched in South Africa, and with an imminent launch in the Philippines, TymeBank is looking for further international…
ARC Fund confirms satisfactory performance of portfolio in Q1
JSE-listed African Rainbow Capital (ARC) Investments has reported good performances and progress across its portfolio of investments in South Africa…
TymeBank sets October for Philippines debut
African Rainbow Capital (ARC)-controlled TymeBank has set October as the launch month of its full-scale digital bank in the Philippines,…
ARC Fund confirms satisfactory performance of portfolio in Q1
JSE-listed African Rainbow Capital (ARC) Investments has reported good performances and progress across its portfolio of investments in South Africa…
Crossfin takes stake in VantagePay
Payments and technology company Vantage Africa, trading as VantagePay, has announced that Crossfin Holdings has acquired a meaningful stake for…
Kropz makes first drawdown from ARC equity facility
Aim-listed Kropz on June 2 received approval from the South African Reserve Bank for a R177-million equity facility with African…
Implats adds name to mining firms taking secondary listings on A2X
IMPALA Platinum (Implats) is the latest of South Africa’s mining companies to take a listing on A2X Markets, according to an…
TymeBank partners with National HealthCare Group to launch TymeHealth
TymeBank has joined forces with the National HealthCare Group to launch medical health insurance, priced as little as R139 per…
TymeBank partners with National HealthCare Group to provide quality, affordable medical insurance to South Africans
TymeBank, one of the world’s fastest growing digital banks, has partnered with National HealthCare Group to bring quality, affordable medical…
TymeBank launches breakthrough medical-insurance offering
TymeBank, one of the world's fastest growing digital banks, has partnered with National HealthCare Group to bring quality, affordable medical…
TymeBank launches credit card
Digital bank TymeBank has launched its first credit card as part of a growing push to attract more middle-income customers.…
TymeBank launches credit card
TymeBank has launched its first credit card. The bank says it is responding to customer demand and that the launch…
TymeBank launches credit card
Digital bank TymeBank has launched its first credit card as part of a growing push to attract more middle-income customers.…
Tencents supports Tymebank’s ambition in SA
Tymebank controlled by Patrice Motsepe's African Rainbow Capital recently received the backing of Chinese internet giant Tencents as a funder…
Tencent And UK-Based CDC Group Takes A R1 Billion Bet On TymeBank And Tyme
Patrice Motsepe-backed ARC Investments today announced that TymeBank South Africa (TymeBank) and Tyme Global have completed a $70 million or R1.1 billion Series B…
TymeBank attracts new investors including Tencent
ARC Investments has announced on Tuesday (7 December) that Tyme, including TymeBank South Africa and Tyme Global, completed its Series…
Tencent invests in TymeBank
Chinese Internet giant Tencent Holdings has invested in South African digital bank TymeBank. CDC Group has also invested, to take…
Patrice Motsepe’s digital Tyme Bank secures millions in funding from Chinese tech giant Tencent
Tyme, one of the fastest growing digital banking groups globally, has successfully secured investments from Tencent and CDC to complete…
South Africa’s Tyme Bank Raises $180-Million from Tencent & CDC Group
Tyme, one of the fastest-growing digital banking groups globally has successfully secured investments from Tencent and CDC to complete its…
TymeBank in strategic partnership with TFG
Tyme, one of the fastest growing digital banking groups globally, has successfully secured investments from Tencent and CDC to complete…
China’s Tencent invests in TymeBank
Chinese Internet giant Tencent Holdings has invested in South African digital bank TymeBank. CDC Group has also invested, to take the…
Tencent, CDC acquire R1.1bn stake in TymeBank
African Rainbow Capital (ARC)-controlled TymeBank has raised R1.1 billion ($70 million) from Chinese internet and technology giant Tencent and CDC…
Tencent invests in TymeBank
Chinese Internet giant Tencent Holdings has invested in South African digital bank TymeBank. CDC Group has also invested, to take…
How TFG plans to capture new parts of the market through a partnership with Tyme Bank
Last month, TFG launched the financial product Tyme Bank at the Jet store. Jet is the flagship brand for MoreTyme’s…
FinTech’s Wave In South Africa Is Just Starting To Gain Momentum
Fintect has lit a fire under start-ups and instilled fear in large brick-and-mortar financial institutions for many years. While agile…
Fintech group Adumo snaps up payments start-up SwitchPay
Digital bank TymeBank has joined forces with The Foschini Group (TFG), targeting the retailer’s 26 million customers in South Africa. The…
What we know about Crossfin, the fintech that ARC and Ethos are buying out
A decade ago, the founders of Crossfin formed part of a small-cap JSE company that reeled under the financial crisis…
Private equity group buys S.African fintech Crossfin for $95 mln
JOHANNESBURG, Nov 24 (Reuters) - A private equity consortium has bought Crossfin for 1.5 billion rand ($94.8 million), the companies said on…
Adumo partners with TymeBank for payment offering aimed at SMEs in the country
FINTECH and payments provider Adumo said this week that it had partnered with TymeBank to extend the newly-launched MoreTyme payment…
Buy now, pay later, interest-free payment model expected to take off in South Africa
It’s the week before payday and you’re a bit short on funds. Not enough to justify a loan, but enough…
Empowerment and inclusivity in the banking space
With customers needs constantly evolving it creates opportunity for challenging organisations that are willing to do things differently. We spoke…
South Africa’s Retail Sector Is Now In The Age Of Ecommerce
South Africa’s retail sector has entered the age of ecommerce, with total online retail sales expected to reach R42-billion by the end of 2021.…
Acorn Agri & Food back to profit
And with most of the service area experiencing healthy growth conditions, it expects another good agricultural year. Acorn Agri &…
A new way to shop: buy now, pay later
Various fintech start-ups are now offering consumers a new way to shop with buy now, pay later without any interest.…
Payfast Partner with Tymebank to Introduce Buy Now Pay Later with MoreTyme
Payfast an online payments solutions has partnered with Tymebank, the South African newly established digital bank to announce the addition…
Tiger Brands To List On A2X
TIGER Brands, South Africa's largest food producer valued at R35.72 billion, has been approved for secondary listing on A2X Markets…
Tiger Brands to list on A2X
Tiger Brands Limited has been approved for secondary listing on A2X Markets and its ordinary shares will commence trading on…
Tiger Brands’ A2X listing approved, trading to commence on October 26
JSE-listed South African packaged goods company Tiger Brands reports that the A2X has approved its secondary listing, with its ordinary…
Tiger Brands To List On A2X
Tiger Brands has been approved for secondary listing on A2X Markets and its ordinary shares will commence trading on the…
Unequal healthcare access persists among employed population
Employers no longer able to sit by while employees forego most basic private care Disparity in healthcare access among employees…
How the JSE’s rival, A2X, reached almost R5 trillion in just four years
Over four years, challenger stock exchange A2X has grown its value to R5 trillion. A year ago, it was worth…
Billionaire-Backed South African Stock Exchange Expects 2023 Breakeven
Four-year-old South African stock exchange A2X, backed by billionaire Patrice Motsepe’s African Rainbow Capital Investments Ltd., expects to break even…
TymeBank customers will now be able to use bank kiosks in TFG stores like Jet and Foschini
TymeBank will now have kiosks in selected TFG stores where customers can access banking services. It also plans to extend…
TymeBank to offer banking services in TFG stores
Digital bank time. One of the newest banks here in South Africa’s banking block has announced a new deal with…
TymeBank to offer banking services in TFG stores
Digital bank time. One of the newest banks here in South Africa’s banking block has announced a new deal with…
The Money Show’s Bruce Whitfield interviews Tauriq Keraan, CEO of TymeBank.
TymeBank is teaming up with The Foschini Group to introduce its financial products and services in TFG stores and on…
TymeBank announces partnership with TFG, starting with Jet stores in November
While fintech service provider TymeBank has been making moves outside of South Africa, the digital bank‘s latest announcement is closer…
TymeBank and TFG new partnership to allow you to buy now, pay later
TymeBank announced on Tuesday that it had entered into a strategic partnership with leading retail giant TFG (The Foschini Group)…
TymeBank targets 26-million TFG customers
TymeBank has announced it has entered into a strategic partnership with leading retail giant TFG (The Foschini Group) that will…
TymeBank targets TGF’s 26m customers in new deal
Digital bank TymeBank has joined forces with The Foschini Group (TFG), targeting the retailer’s 26 million customers in South Africa. The…
TymeBank in strategic partnership with TFG
TymeBank has entered into a strategic partnership with retail giant TFG (The Foschini Group) that will see the introduction of…
TymeBank and Foschini Group partner to offer payment options, benefits
TymeBank has partnered with The Foschini Group (TFG) to offer financial products and services to the retail giant’s customers. Announced…
TymeBank announces strategic partnership with The Foschini Group
TymeBank, one of the world’s fastest-growing digital banks, announced it has entered into a strategic partnership with leading retail giant…
TymeBank to offer affordable banking services to TFG customers
TymeBank and TFG will soon launch a branded debit card for the fashion and lifestyle retailer’s customers, as part of…
TymeBank to launch 600 new kiosks and other banking services in Foschini stores
TymeBank has entered into a strategic partnership with retail group The Foschini Group (TFG) to introduce TymeBank financial products and…
TymeBank moves into TFG stores with 600 kiosks
TymeBank to roll out 600 kiosks at TFG stores Partnership will start later this year at retailer’s Jet stores with…
Motsepe’s ARC sets aside R350-million for fintech investments
African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to the…
Why Rain’s valuation dropped by R791 million
Rain’s valuation dropped by R791 million in six months because of challenging economic conditions, increased forecasted network investments, and increased…
Lower returns push Patrice Motsepe’s ARC out of Metrofibre
Four years after picking up a stake in Metrofibre, African Rainbow Capital (ARC) is exiting the business, citing lower returns…
Rain’s valuation takes a hit — but it is still over R16 billion
African Rainbow Capital (ARC) released its financial statements for the year ended 30 June 2021, which revealed that it values…
Patrice Motsepe’s ARC continues to bet on SA: ‘Still huge opportunities here’
Bruce Whitfield interviews co-CEO Johan van der Merwe about African Rainbow Capital's year-end results and future plans. Patrice Motsepe’s African…
Motsepe’s TymeBank plans new salary advance products
Digital bank TymeBank is set to introduce new salary advance products in the new financial year, as the bank seeks to…
African Rainbow Capital’s portfolio expands on back of fair value gains
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…
TymeBank expects to break even in 2022
South African digital banking group TymeBank has hit 3.45 million customers at the end of June 2021, onboarding around 5,000…
Patrice Motsepe’s ARC eyes fintech investments
African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to…
Patrice Motsepe’s African Rainbow eyes fintech investments
African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to…
African Rainbow Capital’s portfolio expands on back of fair value gains
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…
TymeBank expects to break even in 2022
South African digital banking group TymeBank has hit 3.45 million customers at the end of June 2021, onboarding around 5,000…
Patrice Motsepe’s TymeBank enters Philippines market
Digital bank TymeBank is taking its business global, exporting its business concept and experience to its newly-established sister company GOtyme in the…
Bank Zero vs TymeBank — Battle for the best affordable digital bank
South Africa’s newest digital bank, Bank Zero, offers few features and pricing benefits over TymeBank, another digital-focused which launched more…
TymeBank’s Key Ingredients for Building One of the World’s Fastest Growing Digital Banks
Over the past ten years, there has been steady growth in digital banks globally. Nubank,co-founded by David Vélez in 2013, disrupted the Brazilian…
The evolving role of trust in banking
I remember, when I was a child, the importance my father placed on securing a meeting with a service consultant…
What makes a digital bank
There is a frequent misconception in discussions around digital banks, namely that digital banks and traditional banks differ only at the…
Rain continues exponential growth while TymeBank feels lockdown effects, says ARC
Patrice Motsepe's African Rainbow Capital (ARC) Investments says its mobile data operator Rain is working on connectivity issues as its…
BACKSTORY: African Rainbow Capital’s Charmaine Padayachy
We question Charmaine Padayachy, deal executive at African Rainbow Capital What’s your top tip for doing a deal? It’s a…
TymeBank signs up three million customers
DIGITAL retail bank TymeBank has reached the 3 million customer milestone amid the challenging Covid19 crisis, and says it will…
TymeBank signs 3 millionth customer to reach a new milestone amid Covid crisis
DIGITAL retail bank TymeBank has reached the landmark 3 million customer milestone amid the challenging Covid-19 crisis, and says it…
Rain, Telkom rated worst SA telcos; MTN leads customer service
The performance of SA’s telcos left much to be desired during the lockdown, with MTN rated by customers as the…
MetroFibre raises R2.5-billion in new debt deal with Investec
South African fibre telecommunications infrastructure company MetroFibre Networx has raised R2.5-billion in new debt financing, led by Investec, adding to the…
MetroFibre, Investec sign R2.5bn debt funding deal
Banking and wealth management group Investec has injected R2.5 billion debt funding into MetroFibre, to help the open access fibre…
South African bank challenger Tyme to launch in Asia
South African banking start-up Tyme has raised $110m from investors to expand and launch a digital bank in the Philippines,…
TymeBank gets R1.6 billion to boost South African growth
TymeBank has announced that it has secured an investment of R1.6 billion from new investors in the UK and Philippines.…
TymeBank attracts global investors as it outlines ambitious expansion plans
TymeBank has attracted R1.6-billion in new capital from global investors as it prepares for stiffer competition in the digital banking…
TymeBank gets R1.6 billion in foreign investment as it nears 3 million customers
TymeBank has entered into a strategic partnership with retail group The Foschini Group (TFG) to introduce TymeBank financial products and…
TymeBank secures R1.6bn investment
TYMEBANK said it had secured an investment of R1.6 billion from new investors in the UK and Philippines, as the…
Interview with Tauriq Keraan Chief executive of Tyme Bank
Lafferty Group recently spoke with Tauriq Keraan, the chief executive of Tyme Bank, the South African digital retail bank. Mr…
The cheapest bank accounts in South Africa
The battle for the most affordable entry-level banking account in South Africa has become a race to zero, with a…
Conversation with Linda Appie, head of marketing for TymeBank
Tips about salary switching, early pay and goal save Conversation with Linda Appie, head of marketing for TymeBank giving tips…
Making it rain – Talking telecoms with the industry’s new kid on the block.
There is so much growth and opportunity within the local telecoms space and the team from Rain is poised to…
Beware these banking scams and fraud tactics in South Africa
TymeBank says it uses world-class security systems and technology to protect its 2.5 million clients from criminal and fraudulent activity.…
Sanlam to take stake in new unit of billionaire Motsepe’s firm
South Africa’s biggest insurer Sanlam said on Friday it would take a minority stake, worth R739 million, in a new…
Sanlam to take stake in new unit of billionaire Motsepe’s firm
South Africa's biggest insurer Sanlam said on Friday it would take a minority stake, worth $51-million, in a new subsidiary…
Motsepe, Sanlam enter into yet another deal
Londiwe Buthelezi Patrice Motsepe, executive chair of African Rainbow Minerals and African Rainbow Capital. Photo: Elvira Wood Patrice Motsepe and…
TymeBank grows customer base to 2.5m, Rain banks on new CEO
TYMEBANK said on Tuesday that it was tracking slightly behind its projections to attract clients, largely due to the national…
Business Talk – In conversation with Tauriq Keraan
Tauriq Keraan is the chief executive officer at TymeBank, the new revolutionary digital retail banking entrant in South Africa’s financial…
TymeBank and IDEMIA collaborate towards increased security and convenience in customer card issuance
Committed to expanding banking services to all South Africans, TymeBank proactively leverages innovative digital technology to deliver a safe and…
Capital Appreciation to list on A2X
Fintech group Capital Appreciation (Capprec), which has a market value of R1.5bn and whose customers include major blue-chip companies, has…
TymeBank introduces secure contactless card payments
Digital-only bank TymeBank has collaborated with global augmented identity firm IDEMIA, to offer customers a secure, safer and convenient way to make…
TymeBank and Idemia collaborate towards increased security and convenience in customer card issuance
Committed to expanding banking services to all South Africans, TymeBank proactively leverages innovative digital technology to deliver a safe and frictionless banking…
Digital payments uplift Capital Appreciation in half-year
Buoyed by double-digit profit, fintech group Capital Appreciation (Capprec) says it weathered the impact of the COVID-19 pandemic during the first…
South Africa fibre company reveals R3 billion expansion plan to cover 300,000 homes
African Infrastructure Investment Managers (AIIM), an infrastructure-focused private equity fund manager, has acquired a minority equity stake in open access…
MetroFibre Networx in R1.5-billion funding round
South African fibre broadband provider MetroFibre Networx, which is led by former Absa CEO Steve Booysen, has raised R1.5-billion in…
Rain is making good money from Vodacom
Vodacom’s latest results revealed that the biggest contributor to its increase in expenses is its roaming agreement with Rain. Vodacom’s…
Biting at the JSE’s heels
Imagine if sleepy old Absa used the courts to try to stop one of the new digital banks such as…
Battle of the stock exchanges: A2X’s plans to take JSE’s market share
Secondary stock exchange, A2X issued an update on its operations on Tuesday, showing that since its launch in October 2017,…
TymeBank’s pandemic boom
By JANE STEINACKER In March this year, TymeBank was about to launch a credit facility for customers but it was…
Patrice Motsepe’s investment firm is under fire – it’s now promising new deals and dividends
The private equity-esque investment firm of billionaire Patrice Motsepe’s corporate empire, African Rainbow Capital (ARC) Investments, has come under severe…
Stockholm Syndrome in the corporate world
Tongaat hangs on to Deloitte and African Rainbow Capital Investments’ management continues to rake in fees. It reads like evidence…
ARC’s fee flak
African Rainbow Capital has sparked outrage over its R750m rights issue — part of which will go towards paying a…
TymeBank in bancassurance deal with Hollard
TymeBank has partnered with local insurance giant Hollard Insurance Group to offer customers funeral policy plans without any paperwork. From October,…
Hollard funeral cover now available at Pick n Pay stores thanks to TymeBank partnership
Financial institutions are always looking at different ways to be innovative, which sometimes leads to some interesting services being provided…
A look at Rain’s impressive performance
The lockdown and subsequent demand for data have seen Rain quadruple subscriber growth rate in recent months and helped the…
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…
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…
All the companies listed on South Africa’s A2X exchange
Momentum Metropolitan has recently been approved for a secondary listing on A2X Markets and will list on 5 August 2020.…
This is how your bank has to treat you from now on
By Angelique Ardé Established South African banks that dominate the market have not crowned themselves in glory when it…
Pension fund trustees have little choice in BEE asset managers
By Stephen Cranston There is pressure for pension funds to hire more black-owned fund managers. But it remains a shallow…
TymeBank decides to stay aloof of unsecured lending
JOHANNESBURG - African Rainbow Capital Investments (ARC Investments) said on Friday that TymeBank had put on hold its foray into…
TymeBank decides to stay aloof of unsecured lending
JOHANNESBURG - African Rainbow Capital Investments (ARC Investments) said on Friday that TymeBank had put on hold its foray into…
TymeBank is signing up 100,000 new customers every month
Following its official launch on 26 February 2019, TymeBank succeeded in acquiring one million customers by November 2019 and is…
TymeBank likely to have 2-million customers by August, says ARC
By Karl Gernetzky Customer deposits passed the R1bn mark in April and growth is ahead of expectations, the owner of…
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…
SA mobile data-only operator plans 5G expansion
By Nqobile Dludla Rain, the mobile data-only network operator, expects to accelerate the installation of 5G towers to 1,500…
Rain to deliver 1 500 5G towers in expansion drive
Rain, the mobile data-only network operator, expects to accelerate the installation of 5G towers to 1 500 in larger metropolitan areas in…
ARC to provide Kropz with $40m convertible loan as Elandsfontein pencils in 2021 start-up
By David McKay EFFORTS to get fertiliser minerals company Kropz back on the rails following a difficult three years took…
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…
Rain plans big 5G expansion in South Africa
By Jamie McKane Rain aims to greatly accelerate the rollout of its 5G network in South Africa, according to…
Motsepe partners with ZCC for bank
The partnership between a bank owned by billionaire Patrice Motsepe and the influential Zion Christian Church could be a way…
A2X eyes blue chip companies
Newer bourse wants to attract secondary listings By: Kabelo Khumalo South Africa’s newest stock exchange, A2X Markets, this week said…
Buoyant ARC in good expansion position
By: Roxanne Henderson and Prinesha Naidoo WITH cash in the bank and friends with deep pockets, African Rainbow Capital is…
Buoyant ARC in good expansion position
By: Roxanne Henderson and Prinesha Naidoo WITH cash in the bank and friends with deep pockets, African Rainbow Capital is…
TymeBank gives legacy banks a run for their money
By Chris Gilmour Two of the most important assets in African Rainbow Capital’s (ARC’s) portfolio are internet service provider…
Motsepe’s ARC has battle on its hands, says co-CEO
By Lynley Donnelly African Rainbow Capital (ARC) Investments, the Patrice Motsepe-owned investment holding vehicle, is battling to convince the market…
TymeBank eyes half a million clients
By Londiwe Buthelezi Growth beats expectations, say analysts as bank closes in on milestone TymeBank, owned by business person Patrice…
Motsepe extends his reach to life insurance
By Warren Thompson and Londiwe Buthelezi Billionaire Patrice Motsepe’s investment holding company African Rainbow Capital (ARC) has a new mission…
Rain valued at a third of Telkom
One of telecommunications operator Rain’s shareholders, Patrice Motsepe’s African Rainbow Capital (ARC), has attached an intrinsic value to the company of…
African Rainbow dumps struggling EOH
By Kabelo Khumalo JOHANNESBURG – Troubled technology company EOH suffered further losses yesterday after business magnate Patrice Motsepe’s listed…
Kropz eyes JSE after mine gets going
By Allan Seccombe Kropz, a phosphate mine developer, plans to raise up to $100m in 2020, after it brings its…
Investment drive must also provide BEE opportunities
By Johan van der Merwe and Brenda Matyolo Since his appointment as commander in chief, President Cyril Ramaphosa has…
Rain CEO Willem Roos interview
The Money Show’s Bruce Whitfield interviewed former OUTsurance CEO Willem Roos, who resigned in October 2017 to take up the…
Careful process consideration, augmentation delays Elandsfontein Phosphate mine
Publication: Engineering News Date: 9 May 2018 By: Marleny Arnoldi Investment company African Rainbow Capital on Wednesday announced delays to its…
ARC weighing further investment in Kropz’s Cape phosphate mine
By David McKay AFRICAN Rainbow Capital (ARC) is considering whether it would invest further in the proposed Elandsfontein phosphate mine…
New bourses add to growth potential as they increase choice
By Johan van der Merwe SA’s stock exchanges facilitate an important process of wealth creation and redistribution For the country…
Revamped Gold Cup returns with new sponsor
The African Rainbow Gold Cup – featuring 32 teams from around South Africa – kicks…