focused
“Altius Holdings is one of the big four fresh produce markets in South Africa, and by far the largest in the Western Cape.” VALUE PROPOSITION
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ltius Holdings is an African company with a global focus on soft and hard commodities and related investments. The company has a passion for community development with an emphasis on the poor and marginalised. Altius keeps focused on its roots and making social change visible. The Altius logo stems from a species of fynbos grown in the Western Cape, the home of Altius. The Cape fynbos is one of the wonders of the world and one of the world’s six plant kingdoms. It is a black-owned South African investment company, founded in 2005, with investments in financial services, agriculture, commodities and private equity. The company has developed a global profile through joint ventures with international companies and pursues investments in agriculture, industrials and energy in sub-Saharan Africa. Altius is a broad-based black economic empowerment company (B-BBEE) with over 150 000 beneficiaries. Its vision is to create and develop a successful and sustainable business with the passion to effect social change that is visible. Mission • To practice ethical business principles • To insist on the highest possible standards of good corporate governance and citizenship • To create shareholder wealth and sustainability • To be an empowering organisation through the transfer of skills and the distribution of profits Investments Keeping with its commitment to uplift previously disadvantaged communities, Altius provides financial sponsorship and support for a number of organisations in sport, schools and the arts. The sponsorship of youth sport in particular lends credence to the Altius belief that “kids in sport are kids out of court”.
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Altius Investment Holdings is the main corporate sponsor of: • Altius United Cricket Club • Altius Collegians Rugby Football Club • Cape Town Market Cycling Team Altius is also the sponsor of major communitybased arts productions and is the home of the annual Voice of the Cape festival. Altius gratefully acknowledges the financial support it receives from Noble Energy Incorporated and Africa Commodities Group with the above sponsorships. One of the big four fresh produce markets in South Africa and by far the largest in the Western Cape. Cape Town Market has a proud history serving the farmers, the communities and businesses of Cape Town and surrounding regions. The market is a commission market where the farmers of South Africa offer a wide range of fresh fruit and vegetables to consumers. The customers of Cape Town Market include the chain stores, wholesalers, small businesses and individuals. Within the precincts of Cape Town Market is the Peoples Market. The Peoples Market is a vibrant market serving the needs of individuals who are generally seeking small quantities of fresh produce. DR ANWAH NAGIA – EXECUTIVE CHAIRMAN OF ALTIUS INVESTMENT HOLDINGS Dr Anwah Nagia is one of Cape Town’s foremost anti-Apartheid social activists and the Executive Chairman of Altius Investment Holdings. He is also the Executive Chairman of Frater Asset Management, the Non-Executive Chairman of Cape Town Market and Africa Commodities Group, and the Chairman of the District Six Beneficiary and Redevelopment Trust – which is responsible for returning more than 30 000 people back to the city. In 2005, the Minister of Finance appointed him as a Director of the Financial Service Board (Directorate of Market Abuse), with particular
responsibility for market abuse on the JSE. This appointment has been extended for a further three years to the end of 2011. Dr Anwah Nagia is the Chairman of various NGO bodies namely the Mustadafin Foundation. This organisation is one of the largest relief and feeding schemes in the country feeding approximately 1.2million people per annum. He is the Founder Member of the District Six Museum Foundation and serves as an Executive Member on that board. Dr Nagia has been involved in many contemporary and national issues and has spoken and lectured in Sweden, Denmark and the United Kingdom on the Built Environment and related social issues. In 2004, Dr Nagia received an Honouree Doctorate together with the then National Minister of Education Mrs Naledi Pandor, in recognition for their work involving community and technology. Dr Nagia plays host too many social issues on housing and public education. In the late 80s he was responsible for setting up learnerships for adult basic education in clothing factories. Political and social movement issues remain the cornerstone of his life.
“Altius is a broad-based black economic empowerment company (B-BBEE) with over 150 000 beneficiaries.”
I M P U M ELELO 2010
VOLUME 11
193