Food for Thought: Why invest in South Africa
August 29, 2023
Why should some of the biggest names in tech, including Alphabet, Amazon, Apple, Microsoft, Meta and Tesla, invest in a country like South Africa?
Why should some of the biggest names in tech, including Alphabet, Amazon, Apple, Microsoft, Meta and Tesla, invest in a country like South Africa?
When countries all over the world went into Covid-19 lockdowns, and alcohol sales were restricted in South Africa, AM Vineyards’ co-owners Andrew Robinson and Matthew Karan set their sights on the Chinese wine market.
Ekspor anggur Afsel ke China meningkat dua kali lipat lebih dan bahkan memproduksi anggur khusus untuk selera China
JOHANNESBURG, SOUTH AFRICA —
It’s really just a case of wine-wine diplomacy. South African vineyards, buoyed by the trade row between Beijing and Canberra, have seen their exports to China more than double and are even producing wines specifically for the Chinese palate.
AM Vineyards, a winemaker from South Africa, has introduced two new red wine blends for the Chinese market.
AM Vineyards red blends in its Karan range are produced specifically for the Chinese palate.
In 2020, when the world went into pandemic lockdown and South African alcohol sales and exports were banned, the equivalent of 400 million bottles of wine had to be left in barrels.
China is thirsting for South African wine, largely due to massive tariffs imposed on Australian imports, with local producers jumping at the opportunity and creating new blends specifically for this growing market.
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