We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The year of the pandemic has tipped the Cape wine industry into the crisis it had been skirting for several years.

The ban on domestic wine sales wiped out 40% of the trading year. A complete prohibition on exports during lockdown level 5 cost about 80-million litres of sales. Restrictions affecting the hospitality sector caused restaurants to be unable to trade; the number of foreign visitors slowed to a trickle. By mid-2020 the volume of uncontracted bulk inventory in the industry totalled almost 300-million litres...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.