WATCH: How ARC’s stake in Rain paid off
ARC joint-CEO Johan van Zyl talks to Business Day TV about group’s interim performance
African Rainbow Capital (ARC) was one of the rarest of beasts on the JSE on Thursday: its share price rose.
The empowerment investment firm has managed to grow its intrinsic net asset value per share by 3.4%, though at R9.52 it is far from its actual share price of R2.20. ..