ARB says financial year ‘will be well remembered’ for Covid-19, other challenges

JSE-listed investment and property holding company ARB Holdings says sluggish economic growth and the collapse in business confidence became a “secondary concern” this year, as regulations and national lockdown restrictions were implemented to halt the spread of Covid-19. ARB owns investments in related trading and distribution businesses, including 74% of ARB Electrical Wholesalers and 60% of Eurolux.