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Cadiz Holdings Ltd logo
Cadiz Holdings Ltd website
www.cadiz.co.za
Cadiz Holdings Ltd
Ram Barkai
CEO: Ram Barkai
COO: Fraser Shaw
Executive Directors: Dan Ahern, Frank Cadiz, Robbie Gonsalves, Evan Jones, Kevin Morley
Financial Director: Fraser Shaw
Head of Marketing & Communications: Robert Thompson
Communications Manager: Sonia Jamoulle
Human Resources Manager: Dee Abrahams
Physical Address Ground Floor, Fernwood House, The Oval, Oakdale Road, Newlands 7700
Postal Address PO Box 44547, Claremont 7735
Tel (+27 21) 657 8300
Fax (+27 21) 657 8301
Email solutions@cadiz.co.za
Website www.cadiz.co.za
 
 
Cadiz Holdings has established itself
as a leading financial services
group and offers a compelling
investment case in an increasingly
competitive sector. Founded in 1993,
the group specialises in research and trading
in the equity derivatives and fixed income
markets, quantitative research, fundamental
research, stock broking, prime broking,
asset management and structured solutions
for the corporate, institutional and retail
markets. These activities are housed in four
business units, namely Cadiz Securities,
Cadiz African Harvest Asset Management,
Cadiz Corporate Solutions and Cadiz Wealth.
The Cadiz culture is distinctly entrepreneurial,
where self-management, empowerment
and accountability of individuals are encouraged.
The people are all highly energised
team players. In 1998 Cadiz acquired District
Securities Bank from Investec Bank in
exchange for equity. This transaction was a
defining moment in the group’s evolution
and gave rise to the listing of Cadiz Holdings
on the JSE in April 1999. The share offer was
more than 130 times oversubscribed and the
listing was one of the most successful ever
on the JSE.
Following the acquisition of Prodigy-Coris
Asset Management in 2003, and African
Harvest Fund Managers in late 2006, Cadiz
entered the ranks of the top 10 fund managers
in South Africa and trebled its assets
under management to over R48-million.
Cadiz leadership position in the derivatives
market has been recognised in the authoritative
Financial Mail analyst rankings,
where the company has been rated as South
Africa’s foremost derivatives research and
dealing house for an unrivalled 12 consecutive
years.
 
(1). Company values: Never waiver in integrity and transparency; Never financial gain over relationships; Never fear failure; Never negative, always positive; Never, ever, quit; Always start and finish; Always believe; Always free to explore; Always energetic and creative; Always with passion, respect and humility
 
 

STATISTICS / DEMOGRAPHICS / HISTORY
Year founded: 1993
Employees: 148
Branches: Three - Cape Town 2, Johannesburg 1

NATURE OF BUSINESS
Activity: Financial Services Group

EMPOWERMENT STATUS
Black Empowerment Level:
shareholding: 5%-25% / executive directors:
5%-25% / non-executive directors: 25.1%-50% / total
staff: 25.1%-50%


BUSINESS & FINANCE
Turnover: R361-million*
Operating profit: R135-million*
Net profit: R101-million*
Financial year-end: 31 March
Subsidiaries: Cadiz Securities, Cadiz African Harvest
Asset Management, Cadiz Corporate Solutions, Cadiz
Wealth
Holding company: Cadiz Holdings Ltd
Bank: First National Bank of SA
Auditors: PricewaterhouseCoopers Inc.
JSE listing and date: April 1999
*The group has changed its financial year end from 31
December to 31 March. The results for the 15 months have been
arithmetically converted to 12 months.

TRAINING & CSI
Training programmes: Personal and leadership
development plans; training and development is in
accordance with the Skills Development Act; encourages
and supports staff by providing financial study assistance;
runs a Graduate Development Program
Empowerment initiatives: Black equity ownership
in 2004 when empowerment group Makana Financial
Services acquired a strategic stake holding of 11 percent
in Cadiz; implemented a share option scheme aimed
solely at black staff
CSI initiatives: Food & Trees for Africa; Friends
of Vista Nova; The Kids Foundation; Leap Science &
Maths School; SA Social Investment Exchange; Jacque
Kallis Scholarship Foundation; The SA Haemophilia
Foundation; The Rural Action Committee: Coromandel
Farm; Centre for Social Development; Abraham Kriel
Children’s Home; GGSA Projects