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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 2024, and its share of the company's value had reached R5.2 billion just two months earlier.
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 2024, and its share of the company's value had reached R5.2 billion just two months earlier.