South Africa

ARC’s new stake in Tyme Global could offer investors more exposure

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...

Football news:

Pochettino on reaching the semi-finals: It's all down to the PSG players. I missed the adrenaline
Manuel Neuer: Bayern should have played better in Munich. We missed a lot of chances
Hans-Dieter Flick: Bayern lacked the final touch in attack. Congratulations to PSG
PSG President: We have invested a lot in the club to win the Champions League. Neymar and Mbappe have no reason to leave
Tuchel about 0:1 with Porto: Maybe not the best game to watch. Chelsea deserved to win after 180 minutes
Neymar on reaching the 1/2 Champions League: We knocked out the winner of the tournament. Now PSG should always strive to reach the semi-finals
Porto fouled Pulisic 11 times. Over the past 5 seasons, the Champions League has not broken the rules on anyone more often