How ARC's stake in Rain pays off

African Rainbow capital was one of those rarest of beasts on the JSE today: a company with a gain in its share price - a 12.8% intraday surge, to be exact. The empowerment investment firm has managed to grow its intrinsic net asset value per share by 3.4% although at R9.52 it is leagues away from its actual share price of R2.20. Joining Business Day TV on the line is Johan van Zyl joint CEO at ARC.