Latest News and Updates
Linebooker CEO, Naude Rademan, talks ARC taking a stake in the business
Linebooker CEO, Naude Rademan, talks ARC taking a stake in the business Mia Kruger of Kruger International on Stadio’s results and the new PSG 3.0. Henry Laas, Murray and Roberts CEO, on the pandemic pushing the company into a loss. Linebooker CEO, Naude Rademan, talks ARC taking a stake in the business. Published by Moneyweb: www.moneyweb.co.za/moneyweb-radio/moneyweb-now/psg-3-0-mr-reports-a-loss-and-arc-acquires-stake-in-linebooker/?fbclid=IwAR3TrK7r8-iTliIg3TV8nqi24S6Mv5hS3mPBJKEMnGnluV91KiNs5w9oVhY
African Rainbow Capital invests in ‘Uber for trucks’
African Rainbow Capital invests in ‘Uber for trucks’ Local investment holding company African Rainbow Capital (ARC) has made an additional investment in technology-led trucking platform Linebooker, through its subsidiary, GemCap. ARC was founded in 2016 and is majority owned by mining magnate Dr Patrice Motsepe. The JSE-listed company invests in the African financial services industry and businesses that deliver exceptional returns on equity. In 2018, GemCap purchased online transport management company, Linebooker, in a deal that provided the investment firm with a springboard [read more]
Motsepe’s African Rainbow Capital raises stake in Uber-like trucking firm
Motsepe's African Rainbow Capital raises stake in Uber-like trucking firm Patrice Motsepe-owned African Rainbow Capital (ARC) is increasing its interest in trucking just as the market predicts that logistics and warehousing sectors will be the big beneficiaries of the new normal ushered in by Covid-19. ARC bought into technology-led trucking company, Linebooker in 2018 when it was just a year old. On Tuesday, it announced that it has decided to make additional investments into Linebooker but did not disclose how big of a [read more]
ARC & Linebooker investment: What’s in it for investors?
ARC & Linebooker investment: What’s in it for investors? Businesses are looking at more cost-efficient services that also increase their productivity levels. With this in mind, African Rainbow Capital has made an additional investment in Linebooker. Published by CNBC Africa: www.cnbcafrica.com/videos/2020/08/25/arc-linebooker-investment-whats-in-it-for-investors/
African Rainbow Capital further invests into transport platform Linebooker
African Rainbow Capital further invests into transport platform Linebooker Investment holding company African Rainbow Capital (ARC) – founded and majority owned by Dr Patrice Motsepe – has, through its relevant subsidiaries, made an additional investment into technology-led trucking business Linebooker, which has successfully disrupted the Southern African logistics market over the past two years. Linebooker is majority owned by GemCap, which, in turn, is owned by ARC. ARC says the onset of Covid-19 in an already weakened economy has meant that businesses are [read more]
African Rainbow Capital expands investment in Linebooker
African Rainbow Capital expands investment in Linebooker Investment holding company African Rainbow Capital (ARC), founded and majority owned by billionaire Dr Patrice Motsepe, has made an additional investment in technology-led trucking business, Linebooker. Linebooker is majority owned by GemCap, which in turn is owned by ARC. The company uses platform principals similar to those of the e-hailing ride service Uber. In less than 30 minutes, Linebooker connects customers with multiple pre-approved transporters, confirming availability and best price for moving freight. “The business has [read more]
