Kenyan marketer claims Sh450m on fallout with South African wine maker
Nairobi, Sept. 24 -- The High Court has rejected an application by Kenyan beverage marketing company, Wow Beverages, to block a South African wine maker, Namaqua Wines, from terminating their five-year distributorship deal amid a row over Sh450 million in claimed investments and goodwill.
The court found that the alleged exclusive distributorship was never formalised in a written contract. It declined to compel Namaqua Wines Distribution (PTY) Ltd to continue supplying wine to Wow pending determination of the main suit.
Published by HT Digital Content Services with permission from Business Daily....
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.