It’s a good time to specific solidarity and purchase extra Cape wine
09 April 2025 – 04:59
by
The political and financial turmoil of the previous week could have repercussions in all places. It’s straightforward to imagine that Trump’s tariff wars could have little impact on the worth of products in SA or that, in case you are not an exporter to the US, it will likely be life as regular for the foreseeable future.
On the most elementary degree this can be largely true, although the weakened rand (as a lot a casualty of the dearth of unity of the federal government of nationwide unity as anything) will produce knock-on value will increase the place you would possibly least anticipate them. The price of a loaf of bread might go up by greater than a bottle of sauvignon blanc: one is topic to the dollar-based value of wheat, the latter is basically inured to import value inflation. (This might be much less true of high-end cabernet, which is aged in French oak barrels — an expense that can not be deferred and which, along with cork closures, is usually larger than the price of the fruit that goes into the wine.)..