Webinar: Real Business of Wine – A focus on South Africa
By Christian Eedes, 28 April 2020
The Real Business of Wine is an initiative by Robert Joseph, aka the Wine Thinker, and Polly Hammond, aka 5forests. Every #RBW webinar brings together top wine industry professionals from across the world to share their expertise and experience on a specific topic.
A key moment in last night’s episode focusing on the current difficulties faced by the South African industry:
“What the industry will run into is a cashflow drought in June, July and August… The smaller wineries, the premium, interesting ones – we risk losing a lot of them. The numbers are severe. Without assistance, we could lose 60 to 80 wineries, which will be a catastrophe. We need huge collaboration to navigate through this,” Rico Basson, MD of producer body Vinpro.
Watch it in full here:
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