african rainbow capital

  1. Hanno Labuschagne

    Tyme Group valuation hits $1.5 billion

    Tyme Group valuation hits $1.5 billion Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250 million (R4.47 billion) in a funding round that made it one of Africa’s few unicorns. The bank is valued at $1.5 billion (R26.79 billion) after the capital...
  3. Hanno Labuschagne

    Rain on a roll

    Rain on a roll Rain had a storming year in 2024, reaching a valuation of almost R25 billion — an increase of roughly R3 billion year-on-year — and launching a range of new products. Rain shareholder African Rainbow Capital Investments (ARCI) held a 21% share of the mobile operator as of August...
Back
Top
Sign up to the MyBroadband newsletter
X