Cadiz Asset Management News

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

Naspers Ltd. sold bonds for the first time in almost two years to fund emerging-market Internet acquisitions, a strategy that’s transformed the media group into Africa’s biggest publicly traded company by market value.

Cadiz

Frank Cadiz, Founder of South Africa's Cadiz, quits as CEO of asset unit

Frank Cadiz, the founder of the South African financial services firm Cadiz Group and the chief executive of its asset management arm, has resigned after a clash with shareholders, the company said on Thursday.