Load shedding brings South Africa’s R55 billion wine industry to its knees

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 61%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

South Africa's wine industry is under extreme pressure due to continued power outages.

In a picturesque valley two hours’ drive southeast of Cape Town, Berene Sauls is running way behind schedule. The crush from her latest harvest was delayed, bottling often slows to a standstill, and she’s been forced to repackage badly labelled batches of Pinot Noir and Chardonnay.

Unable to meet demand, it resorts to outages that can last as long as 12 hours a day, leaving schools, hospitals, restaurants and businesses relying on backup generators. “We expect measurable, but not a catastrophic, impact,” from disrupted irrigation, she said. “At this stage, it still has a big impact on producer profitability due to additional capital layout to realize the same harvest size and quality.”

Power is not only sporadic, it’s also more expensive, with the National Energy Regulator of South Africa allowing Eskom to increase prices to help it maintain its ailing plants. The winery is getting cost estimations for off-grid options, including solar, inverters and batteries. “Consumers are also struggling,” Basson​ said. “We have only increased wine prices by 7% this year. It’s impossible to recover the entire cost from price increases.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 24. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Eskom seizes control of Ekurhuleni load shedding | BusinessEskom has taken over load shedding in the City of Ekurhuleni, saying the municipality failed to implement power cuts. | News24_Business
La source: News24 - 🏆 4. / 80 Lire la suite »