South Africa's wine industry faces bleak future

The South African wine industry might be going down the drain. It's been shrinking for the past decade. Experts say no fewer than 13,000 hectares of vineyards have been lost during this time and even though alcohol is allowed to be sold during lockdown level one, the industry is still running at a loss of R7.5-billion. eNCA reporter, Ronald Masinda has more details. CourtesyIt's been shrinking for the past decade, and the COVID-19 lockdown has made things worse.

"Overall our cellar door sales are about 50% of normal capacity for this time of the year and then out in the trade, restaurants are slow to open, a lot haven't opened yet, a lot are not going to open at all," said Denise Johnson, from Zevenwacht Wine Estate. Maryna Calow of Wines of South Africa says at least 350 primary producers of wine will be forced shut their businesses.Unless the government lifts more restrictions, the sector will need to find other ways to survive.

FatalMoves So does the events industry.

The domestic demand is vibrant and growing.

😥😥 that’s the worst news!!

whining will not help

Wait till they start with EWC. removeancfrompower

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South African companies frequently spark social media outrage – is this a new marketing strategy? | CitypressVoices | Ephraim Modise writes that maybe big companies are creating offensive marketing campaigns on purpose. After all, 'social media users are reactive and they are forceful in their reaction. Big corporations rely on this fact'.
Source: City_Press - 🏆 7. / 72 Read more »