ARC delivers satisfactory performance amid economic, Covid-19 impacts

Empowerment investment firm African Rainbow Capital (ARC) Investments has posted what it deems a satisfactory performance for the year ended June 30, 2020, considering the challenging operating environment that has dragged the performance of many of its portfolio investments. The group achieved intrinsic growth in its portfolio of investments of 2.1% to R9.94-billion, with its intrinsic net asset value share up 2.1% to R9.54 c apiece during the year under review.

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