Patrice Motsepe’s new mission to take on insurance giants


Billionaire Patrice Motsepe’s investment holding company African Rainbow Capital (ARC) has a new mission — to take on the country’s largest insurance providers.

ARC on Thursday launched a life insurance company in partnership with Sanlam called African Rainbow Life (ARL), which will be the next building block in the development of a black-owned financial services conglomerate that Motsepe hopes will rival the country’s largest financial institutions...

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.