Cape Town – South Africa is on the edge of a social revolution, but not all is doom and gloom as there is an important opportunity in land reform, according to negotiation expert Professor David Venter of Infostrat.
According to VinPro managing director Rico Basson, the biggest challenge of transformation in the wine industry is the lack of finance.
There are currently almost 60 land reform projects in the industry and between 30 and 40 black-owned trading companies.
“Land reform is not going away and as politicians have less and less to give, they start looking at areas like these,” Venter said at the Nedbank VinPro information day on Thursday. VinPro is the service organisation for 3 600 South African wine producer and cellar members.
“We must think exponentially and change our mindset. I think there is still a small window of opportunity to do land reform constructively. To do it on a political level is sure to be messy,” said Venter. Read more