South African fibre broadband provider MetroFibre Networx, which is led by former Absa CEO Steve Booysen, has raised R1.5-billion in a new funding round led by infrastructure-focused private equity fund manager African Infrastructure Investment Managers (AIIM). The deal gives AIIM,…
One of telecommunications operator Rain’s shareholders, Patrice Motsepe’s African Rainbow Capital (ARC), has attached an intrinsic value to the company of R11.7-billion, or almost a third of Telkom’s market capitalisation. The ARC Fund’s 20% stake in Rain was valued at R2.3-billion…
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.
