CAPE TOWN - The liquor industry on Thursday signed guidelines for good business practices for South African companies operating on the African continent.
The trade and industry department said that the guidelines, signed in Cape Town, aim to encourage companies to align their involvement and practices with the South African government’s integration and development objectives on the continent and to build mutual confidence, trust and benefit for the companies and the societies in which they operate.
The signing ceremony was witnessed by Trade and Industry Minister Dr Rob Davies, and the chairperson of Parliament’s portfolio committee on trade and industry, Joanmariae Louise Fubbs.
The companies which signed the guidelines included Distell, Heineken, Diageo, Pernod Ricard, SALBA and Vinpro.
Davies said that the signing ceremony confirmed the importance attached by both government and the liquor industry to support the development integration efforts of the continent, as well as to improve the quality of South Africa’s presence and reputation on the continent.