Billionaire Patrice Motsepe’s Africa Rainbow Capital (ARC) has made an additional R81 million investment in telecoms company Rain. This emerged when ARC, which holds a 20.25% stake in Rain, announced its interim financial results for the six months to 31…
Telecommunications operator Rain has seen increasing demand for its rainOne 4G mobile voice offering in the three months since it launched to the South African market. This emerged when Rain’s shareholder, African Rainbow Capital (ARC), today published its full-year financial results…
Empowerment investment holding company African Rainbow Capital (ARC) has acquired a minority shareholding in GoSolr, a residential solar energy company in South Africa, for an undisclosed amount. In a statement, business magnate Patrice Motsepe-controlled ARC says GoSolr was founded in…
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