Original Article: The Cape wine business gets some bad financial press By Vrede en Lust (Posted on 01 July 2010)
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The Cape wine business gets some bad financial pressThere have been a number of blog articles following from a frontpage story by Stafford Thomas in the South African Financial Mail. Neil Pendock was one of the few who made positive comments re the article in his blog. He expanded on his thoughts on wine.co.za today.
The article has been on my mind for a few days and following today’s article felt compelled to put down some thoughts based on our own experience at Vrede en Lust. I bought the estate nearly 15 years ago and can relate to a lot of the comments. Been there, done that, got the T-shirt…
I think the point that many new entrants miss is quite simple: Ask mos...