S AFRICA: KWV's empowerment deal in jeopardy

By Arnold Kirkby | 10 July 2006

The South African Wine Industry Trust has withdrawn its financial backing to black economic empowerment group Phetogo's deal to obtain a 25.1% stake in wine and spirits group KWV two years ago.

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The South African Wine Industry Trust has withdrawn its financial backing to black economic empowerment group Phetogo's deal to obtain a 25.1% stake in wine and spirits group KWV two years ago.

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