INCLUSIVE GROWTH AND BLACK ECONOMIC EMPOWERMENT
The South African wine industry views inclusive growth and the development of people as key imperatives to ensuring a strong, sustainable future, and has put measures in place to effect inclusive growth and development, while verifying progress towards this vision.
Over the past decades, industry bodies have initiated strategies, structures and funding to facilitate enterprise development, effective learning, as well as social investment initiatives, which are reaping noticeable rewards.
Driving inclusive growth
South Africa Wine is working to make the wine and brandy industry more open, fair and inclusive. Their Inclusive Growth team focuses on breaking down barriers so that more people can join the industry, succeed, and grow. South Africa Wine supports black-owned businesses, develops new talent, promotes fair and ethical practices, and helps build a more diverse and sustainable industry. It’s about real change across the entire wine and brandy value chain, not just ticking boxes.
Their goals include supporting black-owned businesses in wine and brandy, growing skills and talent across the industry, offering expert advice on economic transformation, and creating social value in wine-producing communities. Together, these commitments drive sustainable growth, inclusivity, and meaningful impact across the sector.
Kindly visit the website for more information: www.sawine.co.za
Revised Agri BEE codes
On 8 December 2017, the department of Trade and Industry (DTI) promulgated a set of revised AgriBEE sector codes. Sector Codes are descriptions of categories against which progress is benchmarked and reported for private and government owned enterprises. Enterprises which derive their income primarily from the agricultural value chain are independently audited against these codes on an annual basis. Details of these codes and their relevance to the sub sectors are available online at https://bbbeecommission.co.za/wp-content/uploads/2017/12/AgriBEE-Final-08Dec2017.pdf.
Similarly, enterprises in the wine industry which derive the bulk of their income from tourism, would consult the DTI’s Tourism sector codes which work in a similar vein.