Patrice Motsepe's African Rainbow Capital (ARC) Investments says its mobile data operator Rain is working on connectivity issues as its footprint expands exponentially. When ARC presented its 2020 financial results in March, it said that Rain had started generating profit…
Londiwe Buthelezi Patrice Motsepe, executive chair of African Rainbow Minerals and African Rainbow Capital. Photo: Elvira Wood Patrice Motsepe and Sanlam are set to seal yet another deal which will see the creation of a new business. The continent's biggest…
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…
By Londiwe Buthelezi Growth beats expectations, say analysts as bank closes in on milestone TymeBank, owned by business person Patrice Motsepe's African Rainbow Capital, said on Friday it is on track to reach the half-a-million customer mile stone at end-June.…
By Warren Thompson and Londiwe Buthelezi Billionaire Patrice Motsepe’s investment holding company African Rainbow Capital (ARC) has a new mission — to take on the country’s largest insurance providers. ARC on Thursday launched a life insurance company in partnership with…
By Londiwe Buthelezi Patrice Motsepe’s African Rainbow Capital (ARC) almost doubled its investments just nine months after it listed on the JSE. The investment group listed in September 2017 with an asset portfolio of R4.47bn. Since then, through acquisitions,…
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