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SAWIT is mandated with the following two primary
objectives:
- transformation and growth of historically disadvantaged
individuals within the South African wine industry;
- commercial development and promotion of the South African
wine industry to ensure global competitiveness and sustainability.
In order to fulfil its key objectives, SAWIT set
up the following bodies:
- BUSCO (wine industry Business Support
Company)
- DEVCO (wine industry Development Support
Company) and
- WIECO (Wine Industry Empowerment Company),
which it guides.
BUSCO Is committed to technology transfer,
wine research and development. Through BUSCO, SAWIT provides
funds to
WINETECH that provides the South African
wine industry with world-class research and technology
transfer to strengthen local and international competitiveness
through best practice.
WIECO promotes and facilitates the economic
empowerment of previously disadvantaged communities through
ownership changes, capacity building, the development of
management structures and increasing their access to economic
activities and infrastructure.
DEVCO precipitates social transformation
through direct support and intervention, with a strong focus
on black economic empowerment and wine farm community development
and upliftment to ensure global competitiveness of the South
African wine industry. |