Edition:
United Kingdom

African Rainbow Capital Investments Ltd (AILJ.J)

AILJ.J on Johannesburg Stock Exchange

431.00ZAc
18 Jul 2019
Change (% chg)

-9.00 (-2.05%)
Prev Close
440.00
Open
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Volume
204,499
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499,628
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679.00
52-wk Low
375.00

Latest Key Developments (Source: Significant Developments)

African Rainbow Capital Says ARC Fund Invested About 239 Mln Rand During Qtr
Friday, 7 Dec 2018 

Dec 7 (Reuters) - African Rainbow Capital Investments Ltd ::IS MEETING IMPLEMENTATION TARGETS PERTAINING TO ROLL OUT OF EQUIPMENT ON TOWERS IN TERMS OF ITS AGREEMENT WITH VODACOM.DURING QUARTER UNDER REVIEW, ARC FUND INVESTED APPROXIMATELY R239 MILLION.  Full Article

African Rainbow Says To Adopt NAVPS As Performance Measure For Trading Statement ​
Tuesday, 6 Mar 2018 

March 6 (Reuters) - African Rainbow Capital Investments Ltd ::AFRICAN RAINBOW CAPITAL INVESTMENTS - TO ADOPT NAVPS AS RELEVANT PERFORMANCE MEASURE FOR TRADING STATEMENT PURPOSES GOING FORWARD​.‍AIL WILL NOT OWN A CONTROLLING INTEREST IN MAJORITY OF COMPANIES IN WHICH IT INVESTS​.  Full Article

Global Asset Management Says To Sell 27 Pct Shares In Plastics Green Energy
Friday, 1 Dec 2017 

Dec 1 (Reuters) - GLOBAL ASSET MANAGEMENT LIMITED :​:UNIT ENTERED SALE OF SHARES AGREEMENT WITH ARC FUND ON AFRICAN RAINBOW CAPITAL.GLOBAL ASSET MANAGEMENT LTD - ‍CONSIDERATION PAYABLE FOR 27% DISPOSAL IS R12.7MLN, WHICH IS PAYABLE IN CASH​.DEAL NOT EXPECTED TO HAVE MATERIAL IMPACT ON COMPREHENSIVE INCOME, NET ASSET VALUE OF GLOBAL.  Full Article

CORRECTED-South Africa's startup TymeBank could break even by 2022

JOHANNESBURG, Feb 26 TymeBank, one of several digital-only startups aiming to shake up South Africa's banking industry, could break even by 2022, the bank's executives said on Tuesday.

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