More gold under this African Rainbow than you might think

Business

More gold under this African Rainbow than you might think

A high quality portfolio of assets that leans towards disruptive entities such as A2X, TymeBank, and Rain

Chris Gilmour

Since listing two years ago, African Rainbow Capital Investments (ARCI) (https://www.sharenet.co.za/v3/quickshare.php?scode=AIL) has been a dismal share price performer, declining 54% after its October 2017 high. 

What has perhaps escaped the attention of the average investor is its high quality portfolio of assets which leans towards disruptive companies such as securities trading platform A2X; TymeBank; and mobile network operator Rain. Often its assets are unlisted, with ARCI providing a conduit into investments that would otherwise be unavailable to retail investors.

A2X, in which ARCI has a stake, is challenging the existing securities exchange order by providing a high quality, lower cost secondary listing capability; TymeBank is unsettling the longstanding traditional financial services order by providing cheap mass banking, heading towards the one million customer mark; and Rain is bringing data services to much of the SA population, taking on the established operators  MTN and Vodacom at significantly lower prices. ..

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