The KWV board was severely criticised and suffered a number of probing, negative
questions by a small, but vocal group of producer-shareholders at its AGM in
Paarl yesterday.
SOUTH AFRICA: KWV Board put under the spotlight
The KWV board was severely criticised and suffered a number of probing, negative questions by a small, but vocal group of producer-shareholders at its AGM in Paarl yesterday. One farmer claimed that since KWV had become a company in 1997 it had failed its members. Among the issues raised were the fact that individual producers and former co-operatives were not given sufficient information regarding production costs and the going rate for wine and thus could not negotiate properly when confronted by wine buyers for large concerns.
November 1, 2001