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Big announcement about billionaire Patrice Motsepe's company that owns large stakes in Rain and Tymebank
Patrice Motsepe's African Rainbow Capital Investments (ARCI) has released details about a plan to delist and re-domicile the company.
Among other investments, ARCI holds a 21.76% stake in mobile network operator Rain, and a 15.9% stake in Tymebank. The entire ARC group has an overall 42.3% stake in Tymebank.
Patrice Motsepe's African Rainbow Capital Investments (ARCI) has released details about a plan to delist and re-domicile the company.
Among other investments, ARCI holds a 21.76% stake in mobile network operator Rain, and a 15.9% stake in Tymebank. The entire ARC group has an overall 42.3% stake in Tymebank.