African Rainbow Capital’s (ARC) net asset value rose 3.9% to R9.07 billion in the six months to the end of 2017.
The company, founded by billionaire Patrice Motsepe, listed on the JSE in September.
ARC’s investment portfolio includes financial services, telecoms, mining and agriculture.
Its institutional shareholders include the Public Investment Corporation‚ Sanlam Private Wealth and the Singapore sovereign wealth fund.
ARC’s shareprice was up by 5.42% to R6.22 at the close of business on Tuesday.
The Money Show’s Bruce Whitfield interviewed ARC Investments co-CEO Johan van der Merwe.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
It’s been flat-out since the listing!— Johan van der Merwe, African Rainbow Capital
Both Vodacom and MTN earns more out of data than voice… It’s incredible what can be done… We’ve got a deal with Vodacom where they can roam…— Johan van der Merwe, African Rainbow Capital
Johan van Zyl inherited Sanlam, and made it much better.— Johan van der Merwe, African Rainbow Capital
African Rainbow Capital consists of about 20 people…— Johan van der Merwe, African Rainbow Capital
Not only do they need empowerment, they need credible empowerment with money…— Johan van der Merwe, African Rainbow Capital
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.
The Money Show’s Bruce Whitfield interviews Prof Raymond Parsons (Economist at NWU Business School) and EWN's Alex Eliseev.
What music can do for the soul, podcasts can do for the mind.
Bruce Whitfield sat down with GT Ferreira, Laurie Dippenaar and Paul Harris, the inspirational founders of Rand Merchant Bank.
It's interesting to see which The Money Show articles were most widely read in 2018; a very tough year for the economy.
Review of “Friend of a Friend: Understanding the Hidden Networks That Can Transform Your Life and Your Career” by David Burkus.
In this episode of Africa State of Mind, Lee Kasumba chats to South African rapper Sho Madjozi about her upbringing, and rise to fame.
So-called 'designer vaginas' are created through various surgical or non-surgical procedures, explains clinical sexologist Dr Eve.
The company will reportedly shut its doors in January 2019.
Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.
Gauteng MEC for Community Safety Sizakele Nkosi-Malobane says kidnapers are out to get a ransom from desperate parents.
The WC Traffic Department has made provisions to cater for motorists affected by the backlog with the issuing of driving licences.
Khabazela shares tweets and Facebook posts that have gone viral.
Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.
'Ellen' The Ellen Pakkies Story, premiers in cinemas on Friday.