Ever since the 17th century philosophy of John Locke, the concept of individual private property has been central to understandings of democracy. No surprise then that the current national debate about expropriation without compensation (EWC) has been viewed divisively as an attack on fundamental constitutional rights, or the key to the fulfilment of economic democracy for millions of historically disadvantaged citizens of South Africa. This article exams some of the debates and issues a salutary caution not just about EWC, but about the unintended consequences.
After the short-lived Ramaphoria that gripped the country and financial markets, sobering reality has once again set in. There are, however, reasons to be far more optimistic about our country in the post-Zuma era. This article places our current context in perspective.
As we celebrate the 100th anniversary of the birth of Nelson Mandela, it is fitting that we focus on the ground-breaking work of the Sprit Education Foundation. Madiba reminded us, “Education is the most powerful weapon in the world…Young people must take it upon themselves to ensure that they receive the highest education possible so that can represent us well in future as future leaders.” Tessa Smit narrates how the Spirit Education Foundation is contributing to Madiba’s vision for South Africa.
The bigger business gets, the higher the expectations that it will do good and act in a socially responsible way. Yet, after decades for corporate social responsibility programmes across the globe, critics note that there is precious little to show and in fact, the public’s trust in big business is declining. This has propelled business to rethink its role in society and morph from programmes of corporate social responsibility towards new policies of creating shared value. This article discusses this important shift.
Warwick is a proud supporter of the Spirit Wildlife Fund. The Fund supports nature and animal conservation in South Africa and has made a significant commitment to Care For Wild, which provides a home for orphaned rhino. Little brave Arthur was featured on the front page of the Cape Times recently, with Spirit Foundation Trustee, Jooles Kilbride, personally spending many hours nursing him after his horrendous injuries. This is their story.
CAPE TOWN – In the late 1980s, Africa had lost half its elephant populations due to the onslaught of poaching. You couldn’t help but be affected.
So Ian Kilbride, who admits to being “hung up” about ellies, and a few like-minded friends decided in 1989 to drive from London to Cape Town to see for themselves what they perceived to be the last elephants in the wild and the devastation of the species.
The attached link explains why the Warwick Team is totally committed to Warwick’s development . We all believe in SA and it’s future and we are all SA optimists!
This article sets out some of my own and Warwick’s history, this includes Appleton (named after my school) and then Warwick (named after my university).
The Warwick Team is the greatest group of people, in every single aspect, that I have ever met, worked with and or experienced and it will continue to deliver in all of the jurisdictions where it operates.
We all commit to a ‘measured and planned growth’, over the many years to come, because we always play the long game!
Warwick buys Cadiz
JSE-listed Stellar Capital Partners and Warwick are pleased to announce the sale of the asset management business of Cadiz. Cadiz enjoys a 20-year track-record of successful asset management with a suite of funds, including South Africa’s top-performing money market fund over the past 10 years.
The acquisition of the Cadiz business lifts Warwick’s assets under management and administration to over R30 billion.
Stellar CEO Peter van Zyl comments, “We have recently reviewed our future strategic direction and focus within the greater Stellar Group and have been looking for the right strategic partner for Cadiz and the sale of Cadiz Asset Management to Warwick represents a very positive and important step for the future of Cadiz. For some 20 years, Cadiz has earned a reputation for the development of innovative structured financial products, hedge funds and money market fund excellence and we are proud of our association with this great asset management company.
In Warwick, we have found the ideal partner to take the Cadiz business forward and to share in its future success. We are confident that the synergies between the two businesses will be maximised and that the deal will be particularly beneficial for the clients.”
Warwick CEO, Ian Kilbride, comments, “We are delighted with the deal to acquire the business of Cadiz and to partner with Stellar Capital going forward. Cadiz is a company that I, and indeed the broader financial services industry, have respected for many years. The deal will add value to Warwick in three respects. Firstly, it will add further quality asset management professionals with a successful and proven track-record to our team. Secondly, the Cadiz suite of funds will add to our existing suite of funds and portfolio offering. Thirdly, the acquisition will take Warwick into the retail and institutional asset management space, which forms part of our three-year strategic plan.
The Cadiz acquisition is the first of a number of deals we hope to conclude in the coming 36 months.”
The sale and purchase will be subject to securing all necessary regulatory approvals.
For all media inquiries, please contact:
Tim Hughes, firstname.lastname@example.org or 083 290 2666
I was recently working in London and it was simply one of those weeks. Nothing quite fell into place and I was having to change direction, change my thinking and basically work far harder than I expected to in order to get where I wanted to be. There are, however, always others having a harder time than ourselves and I always try never to forget that.
When one of the leading or at the very least better known economists writes openly, as he did this month, that it is, “Time to send all of your money out of South Africa”, then many people will and did sit up and take notice. It is, however, better to know all of the facts and thus always better to have at least a third, fourth or even a full hand of opinions, before you jump to such a total conclusion.