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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 a wide range of sectors such as telecommunications, mining, agriculture and financial services, tripled its cash in the year to…

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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 Johan van Zyl says Rain's contentious merger offer for Telkom is still in the works African Rainbow Capital Investments (ARC)…

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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 employee cost. African Rainbow Capital’s (ARC’s) financial statements for the year ended 30 June 2021 revealed that it values Rain at…

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