COMPANY COMMENT
ARC’s new stake in Tyme Global could offer investors more exposure
Like almost all investment holding firms, ARC suffers from the dreaded ‘deep discount’ that investors are applying to entities of this nature
03 March 2021 - 18:34
The announcement last week by African Rainbow Capital Investments (ARC) regarding its majority stake in Tyme Global (the holding company of Tymebank) — that it had raised new capital and would be extending its offering into the Philippines with a local partner — was almost an epiphany.
Investors now can begin to understand where this curious structure and ARC’s determination to own it are going, and it looks compelling...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.