A WEE DRAM
CHRIS GILMOUR: Patrice Motsepe’s ARC has confounded doubters as it builds its portfolio like a Test innings
Today ARC boasts an investment portfolio way more diverse than most people could have imagined
When investment holding company African Rainbow Capital (ARC) was launched a few years ago, the market was abuzz with rumour and speculation as to what would be in its investment sights. Today ARC boasts an investment portfolio that is way more diverse than most people could ever have imagined. Combining the big-picture vision of founder Patrice Motsepe with the proven investment track record of the two Johans (Van Zyl and Van der Merwe) from Sanlam was truly inspired, and the end result is highly synergistic. Management describes the business as a five-day game, rather than a T20. In broad terms, ARC is invested in two areas: financial services and diversified investments. Within financial services, the key building blocks are insurance, asset management, banking and specialist financial services. Diversified investments comprise telecoms, business process outsourcing, mining, construction, energy, property and agriculture.There are several unknowns, such as Rain and Metrofibre in ...