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. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now