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]