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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 interim results for the six months ended 30 September 2020 showed that its expenses in South Africa increased by 6.9%…

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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 operator to become cashflow positive long before expected. This is feedback from African Rainbow Capital (ARC) co-CEO Johan van Zyl,…

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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…

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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.

 

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