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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 of what could be the first-known instance of Stockholm Syndrome in the corporate world. How else can you explain that…

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ARC’s fee flak

African Rainbow Capital has sparked outrage over its R750m rights issue — part of which will go towards paying a management fee. Some analysts are especially livid, and we asked CO-CEO Johan van der Merwe why the company would issue…

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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, new TymeBank customers will be able to sign up for Hollard’s Family Protect funeral policy, accessed at TymeBank’s self-service kiosks,…

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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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