SOUTH AFRICA: Strong Rand hits another exporter

By Arnold Kirkby | 4 November 2003

The strengthening of the Rand in the last six months of Winecorp’s financial year, ended 31 July 2003, resulted in an R8 million “adverse” swing in its bottom line compared with 2002.

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The strengthening of the Rand in the last six months of Winecorp’s financial year, ended 31 July 2003, resulted in an R8 million “adverse” swing in its bottom line compared with 2002.