Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Steps to counter bulk wine exports

Aug 22 2012 12:35 Sapa

Related Articles

Quoin Rock wine estate sold for R85m

Glass half full

Fine wine fund

Storm in a wine glass

Winemaker cracks tough Chinese market

Cheers to new wine markets

 
Cape Town - Cabinet has approved steps to help counter the impact of United Kingdom retailers' decision to switch from importing bottled wine from South Africa to bulk wine for bottling in the UK.

These include a process to develop a five-year industry strategy to help place the sector on a sustainable growth path trajectory, government spokesperson Jimmy Manyi told reporters on Wednesday, following the executive's regular fortnightly meeting.

Other steps included a programme to reduce the environmental costs of producing wine in South Africa and in-depth cross-sectoral research and analysis of the wine value chain.

Manyi said the impact of possible bulk whisky imports from the UK would also be studied.

The wine and packaging industries would be engaged to develop innovative packaging solutions with the emphasis on sustainable packaging.

Initiatives would also be undertaken to help the industry speed up export marker diversification and measures taken to prevent possible job losses as a result of the UK retailers' decision, he said.
 
wine  |  export
NEXT ON FIN24X

 
 
Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...