The wine industry, which contributes about R38bn to the country’s economy, is breathing a collective sigh of relief after the government lifted a ban on exports during the coronavirus lockdown.
Producers had feared that the ban would undermine an industry that supports 300,000 jobs by removing local wine from shelves in key markets such as the UK, Germany, the Netherlands and China, and at the same time entrench the positions of SA’s competitors.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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