The company has seen steady growth, benefiting from increased institutional investment and a robust South African financial services landscape. ARC has notified the Takeover Regulation Panel of its increased stake, with Alexforbes' board confirming compliance. Company Secretary CH Wessels affirms full disclosure, ensuring transparency and investor confidence. Patrice Motsepe's expanding influence ARC, established in 2015 as a subsidiary of Motsepe's Ubuntu-Botho Investments, has consistently focused on identifying opportunities in the South African and African financial services and diversified investment industries. The company's origins trace back to 2004, with Ubuntu-Botho Investments aiming to foster black-controlled capital. Motsepe, Africa's first Black billionaire with a fortune of $2.8 billion, continues to expand his footprint in South Africa's financial sector through ARC.