WATCH: What is hampering ARC’s performance?
African Rainbow Capital has missed its performance target. Co-CEO Johan van der Merwe told Business Day TV about the factors that are affecting ARC’s performance
African Rainbow Capital (ARC) Investments has been hampered by the performance of most of the entities in which its invested as a tough economic environment takes hold.
This has resulted in a tepid 2.4% rise in net asset value per share, which is significantly below the medium to long-term expectation of 16%.
Business Day TV spoke to the company's co-CEO, Johan van der Merwe, for more insight.
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