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Fair Value: 58
% of Fund Value: 0.5
A JSE listed Special Purpose Acquisition Company established to pursue the acquisition of fintech businesses that deliver compelling, innovative and disruptive solutions.

Capital Appreciation is listed on the JSE as a Special Purpose Acquisition Company (SPAC) that acquires companies with promising growth potential. It was established in 2015 by Motty Sacks, Bradley Sacks, Alan Salomon and Michael Pimstein.

Other investors include the Public Investment Corporation (PIC) and the Capital Appreciation Empowerment Trust (CAET), a black economic empowerment trust.

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Important Notice

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.


We will never take direct payment or deposits from the public.