Vinpro managing director Rico Basson called on the state to create an enabling environment that could help rebuild the sector.
According to wine industry organisation, Vinpro, many SMMEs in the wine business have suffered severe damage and had to shed thousands of jobs. Rebuilding the battered sector would require short, medium, and long-term interventions that needed government support.
Basson believed that this could be achieved through sound policy decisions, infrastructure investment, financial support and relief, and stricter handling of the illicit trade in wine. “The wine industry plays an important role in the agricultural sector, contributing R55 billion to the GDP and supporting 269,096 employees in the total value chain,” he said.
“Now is the time for conducive policy decisions that will create an enabling environment to achieve this growth,” Basson said Vinpro hoped that that wine industry and how it would be helped would be mentioned in the government’s Medium Term Budget Policy Statement this week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NPA looks to non-trial resolutions to recover corruption proceedsThe OECD supports settlements as an efficient way to resolve cases that would otherwise require time and resources to prosecute
Read more »
Govt withdraws support for Miss SA ahead of Miss Universe pageant in Israel | News24The government has withdrawn its support for the Miss South Africa pageant after it was unable to convince organisers to pull out of the Miss Universe pageant which will be held in Israel in December. | AlexMitchley
Read more »
EDITORIAL: The last thing SA needs nowCurious governance issues at leading companies are not required at this time
Read more »
No beauty in Middle East war zoneYour editorial, “Miss SA represents our values”, requires a response.
Read more »
Actress Thuli Phongolo grateful for her character Lerato in 'The Wife''The support we give each other on ‘Hlomu’ is heartwarming!'
Read more »