Webinar: Real Business of Wine – A focus on South Africa
By Christian Eedes, 28 April 2020
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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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James Walls | 9 May 2020
Thanks for posting this, it had been extremely enlightening and is helping others to make a plan through this mess.