• Home
  • About
  • Contact
SUBSCRIBE TO THE BLOG

Diversification in Wine Business Leads to Olives

August 8, 2010
Share on FacebookShare on TwitterShare on LinkedinShare on Pinterest

I recently came across an interesting story in the Business Daynewspaper that reported that South African wine farmers facing tough conditions in the global wine industry are planting olive trees to produce alternative sources of income.

“More olive trees are being planted on large swathes of land that have for years fed and nurtured the grape vines from which the country’s wines are produced,” the newspaper reported.

Mr Ernst Janovsky, head of agribusiness at ABSA bank, toldBusiness Day that diversification into olive framing is proving to be worth an investment particularly if the farmer had sufficient hectares to break even.

“Although the first few years of oil olive production were characterised by low-quality products, the advent of the South African Olive Industry Association five years ago has standardised product quality,” the newspaper reported.

“In the past five years, southern African extra virgin olive oil has regularly received international quality awards, proving that locally produced extra virgin olive oils can compete successfully with the best in the world,” Louise Rabie, convener of the South African Olive Industry Association toldBusiness Day.

    Be the first to get the

    latest trends on business and wine.



    Related Articles
    Leaked Draft of SA Alcohol Legislation Bans Advertising
    The leaked Control of Marketing of Alcoholic Beverages Bill drafted by the Department of Health which totally prohibits the advertising and ...
    Read More
    Robert Joseph’s Predictions for 2012
    The UK market remains a major destination for many South African wines, so it was interesting to read renowned international wine author and...
    Read More

    Archives

    Tweets by HeinWine

    In his pursuit of business leadership, Hein focuses his efforts on building world brands and establishing international distribution channels.

    Videos

    LANDBOUSAKE MET HEIN KOEGELENBERG POWER LUNCH WITH HEIN KOEGELENBERG LA MOTTE SHIRAZ EXPERIENCE HEIN ON WINE LA MOTTE TASTING FINDING ITS WAY ONTO CHINESE DINNER TABLES

    LinkedIn

    Sitemap

    Home About Contact Subscribe to Blog Terms and Conditions Privacy policy
    © Copyright 2018 Hein On Wine. All rights reserved.
    • Home
    • About
    • Contact