where the horse is always the hero
Article Item
Posted 2017-09-14 09:32:01  
Smith Takes over Top position at SA Bloodstock Sales Company

IN an exciting new development at Cape Thoroughbred Sales (‘CTS’), Wehann Smith has been appointed CEO with immediate effect. Smith has extensive experience in a variety of insurance industries, and has been an active participant in the South African racing industry over the last number of years.

Wehann founded Kuda Holdings (‘Kuda’) in 2009 – a highly successful insurance operation that swiftly grew into a prominent player within the South African bloodstock industry. After CTS’ recent acquisition of a stake in Kuda, the CTS Board believes that Smith is ideally placed to extract synergies between and provide leadership to Kuda and CTS. Kuda will remain a separate company, with Smith continuing at the helm as its CEO.

“With CTS acquiring a significant stake in Kuda, an overarching focus is the streamlining of operations to the advantage of both businesses; resulting in increased benefits for clients.

“Clients will not experience any disruption in their day-to-day dealings with either company, nor in the quality of service they have come to expect from two well-established and highly regarded market leaders,” says Smith.

Adrian Todd, will now step away from his role as MD of CTS to head up the import/export task team led by Chris van Niekerk. He has been pivotal in leading this constantly evolving auction company to a leading position. Todd, who has worked all around the racing world will be harnessing his considerable international expertise to lobby for favourable shifts in the export protocols – a potential game changer for South Africa’s commercial prospects.

Reporting to Smith is experienced industry professional Kerry Jack, who joins the CTS team as Bloodstock Manager; augmenting organisational support during the CTS sale season. Her responsibilities include the management of vendor relationships, with the aim of optimising the calibre of horses entered onto the various CTS sales. Jack will also look after buyers, with a view to maximising sales attendance and participation.

CTS values the close relationships forged with South Africa’s premier stud farms. Taking heed of feedback from these producers and considering the best interests of the industry as a whole, is vital. To this end, Wehann Smith and Kerry Jack will be embarking on a national road-show during late September to promote the new 2018 Sales calendar, whilst fielding questions and suggestions to better understand the needs of vendors.

Regarding the recently released sales calendar, there will be two Select Sales in Cape Town, with the renowned CPYS staged in its extremely popular January slot. Next up in Cape Town, will be an auction for later developing horses in April, taking place over three days. An opening Premier Session of Select horses will be followed on Day Two by a quality selection similar to the traditional March Book 2 yearling draft. All horses consigned here will be eligible for the CTS Millions incentive, excluding Day 3’s value hunters auction.

The presence of International buyers at these events always boosts receipts and CTS have a firm commitment that big names in the global racing game will be attending in April, just as they do at the acclaimed, record-busting Cape Premier Yearling Sales in January.


In a further exciting development, the board and shareholders of CTS instructed management to start a longer term project with sustainability in mind, to secure a permanent venue for hosting Cape based thoroughbred sales to international standards. 

Email link to a friend | Printable Version
  • South Africa
    Displaying 10 ResultsSee All
    kzn barrier trials approved, starts in november21 hours ago

    Barrier Trials in Kzn has been approved by trainers and the Gold Circle management and board. They ...

    View | Add Comment
    snaith, zackey lead the way7 days ago

    A handful of trainers and jockeys have made blistering starts to the 2017-2018 racing season which h...

    View | Add Comment
    east cape awards winners 2017-09-03

    The Eastern Cape held their annual awards ceremony on Saturday night.  Clear Sailing was named...

    View | Add Comment
    will pays goes one better in spring spree2017-09-02

    Will Pays (Imperial Stride) gained a first graded win of his career when scoring a well timed victor...

    View | Add Comment
    speed to shine in for the ladies stakes2017-09-01

    The For The Ladies Stakes (Non-BlackType) is the supporting feature race at Turffontein this Saturda...

    View | Add Comment
    spring spree stakes highlights saturday card2017-09-01

    The Gr3 Spring Spree Stakes, the only graded race run this weekend in South Africa, will be run as t...

    View | Add Comment
    kzn racing award winners2017-08-30

    Bull Valley (Toreador), unlucky not to be named Equus Champion Sprinter a few weeks ago, gained some...

    View | Add Comment
    sa connections galore in star studded champions fillies & mares stakes2017-08-28

    Former South African champion, and 2016 Gr1 J&B Met winner, Smart Call (Ideal World) is one of 4...

    View | Add Comment
    winning return for mark khan2017-08-25

    Former South African champion Mark Khan made a welcome, winning return to the saddle when booting ho...

    View | Add Comment
    alec forbes passes 2017-08-24

    The South African racing industry were shocked to learn of the passing of popular KZN jockey Alec Fo...

    View | Add Comment