Grant Gilburt from Nedbank Private Wealth chose African Rainbow Capital (ARC)  as his stock pick of the day.

"We're sticking with the investment holding companies — I really like the companies that they have invested in and that they have built within the ARC stable. They have a very credible management team and some challenger businesses within that stable. So their biggest asset is Rain, which is a data-only mobile provider and is bringing 5G to the local market...

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