logo
SA breaks record for table grape exports, UK tops destination list

SA breaks record for table grape exports, UK tops destination list

The South African13 hours ago

A record 77.8 million cartons of table grapes were exported from South Africa for the 2024/25 season, marking a 5% increase over the previous year.
According to the South African Table Grape Industry (SATI), demand remains robust across major international markets.
The European Union accounted for the majority of exports at 58%, while the United Kingdom was the leading individual destination, taking 18% of the total volume.
Notably, exports to North America – which includes the United States and Canada – rose by 25% year-on-year, reaching 7.4 million cartons.
This surge contributed to a global export value of approximately USD $730 million for South African table grapes in 2024.
'The industry is encouraged by growing exports to the USA,' SATI chief exec Mecia Petersen told Fruitnet .
'We are closely monitoring developments regarding potential new tariffs that may impact the sector.'
South Africa has exported fresh grapes to the US for over two decades. Those shipments have increased at an average rate of 19% per year over the last five years.
In the 2024/25 season, trade with the US represented about 3% of total table grape exports. That's equivalent to 2.2 million 4.5kg cartons, or just under 10 000 tonnes.
Petersen emphasised the sector's optimism about further growth in this market, and the importance of maintaining that market share.
However, South African grapes currently face higher import tariffs in the US compared to other Southern Hemisphere suppliers, such as Peru and Chile, which export during the same off-season window.
According to SATI, for South Africa to remain competitive, a careful mix of market consolidation and diversification will be required.
'Market access processes can take many years, and favourable market conditions are influenced by the tariffs South Africa may face in destinations compared to other exporting countries,' Petersen added.
'Finding alternative markets to absorb volumes currently shipped to the USA is not a desirable solution.'
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1.
Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump threatens Musk with 'serious consequences' in spending bill row
Trump threatens Musk with 'serious consequences' in spending bill row

eNCA

time2 hours ago

  • eNCA

Trump threatens Musk with 'serious consequences' in spending bill row

WASHINGTON - US President Donald Trump threatened his former advisor Elon Musk with "serious consequences" Saturday if the tech billionaire seeks to punish Republicans who vote for a controversial spending bill. The comments by Trump to NBC News come after the relationship between the world's most powerful person and the world's richest imploded in bitter and spectacular fashion this week. The blistering break-up -- largely carried out on social media before a riveted public on Thursday -- was ignited by Musk's harsh criticism of Trump's so-called "big, beautiful" spending bill, which is currently before Congress. Some lawmakers who were against the bill had called on Musk -- one of the Republican Party's biggest financial backers in last year's presidential election -- to fund primary challenges against Republicans who voted for the legislation. "He'll have to pay very serious consequences if he does that," Trump, who also branded Musk "disrespectful," told NBC News on Saturday, without specifying what those consequences would be. He also said he had "no" desire to repair his relationship with the South African-born Tesla and SpaceX chief, and that he has "no intention of speaking to him." Just last week, Trump gave Musk a glowing send-off as he left his cost-cutting role at the so-called Department of Government Efficiency (DOGE). But their relationship cracked within days as Musk described as an "abomination" the spending bill that, if passed by Congress, could define Trump's second term in office. Trump hit back in an Oval Office diatribe and from, there the row detonated, leaving Washington stunned. With real political and economic risks to their falling out, both had appeared to inch back from the brink on Friday, with Trump telling reporters "I just wish him well," and Musk responding on X: "Likewise." - 'Old news' - Trump spoke to NBC Saturday after Musk deleted one of the explosive allegations he had made during their fallout, linking the president with disgraced financier Jeffrey Epstein. Musk had alleged that the Republican leader is featured in unreleased government files on former associates of Epstein, who died by suicide in 2019 while he faced sex trafficking charges. The Trump administration has acknowledged it is reviewing tens of thousands of documents, videos and investigative material that his "MAGA" movement says will unmask public figures complicit in Epstein's crimes. Trump was named in a trove of deposition and statements linked to Epstein that were unsealed by a New York judge in early 2024. The president has not been accused of any wrongdoing in the case. "Time to drop the really big bomb: (Trump) is in the Epstein files," Musk posted on his social media platform, X. "That is the real reason they have not been made public." Musk did not reveal which files he was talking about and offered no evidence for his claim. He initially doubled down on the claim, writing in a follow-up message: "Mark this post for the future. The truth will come out." However, he appeared to have deleted both tweets by Saturday morning. Trump dismissed the claim as "old news" in his comments to NBC on Saturday, adding: "Even Epstein's lawyer said I had nothing to do with it." Supporters on the conspiratorial end of Trump's "Make America Great Again" base allege that Epstein's associates had their roles in his crimes covered up by government officials and others. They point the finger at Democrats and Hollywood celebrities, although not at Trump himself. No official source has ever confirmed that the president appears in any of the as yet unreleased material. Trump knew and socialized with Epstein but has denied spending time on Little Saint James, the private redoubt in the US Virgin Islands where prosecutors alleged Epstein trafficked underage girls for sex. "Terrific guy," Trump, who was Epstein's neighbor in both Florida and New York, said in an early 2000s profile of the financier. "He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side."

Financial tips for UK expats moving back to South Africa
Financial tips for UK expats moving back to South Africa

IOL News

time6 hours ago

  • IOL News

Financial tips for UK expats moving back to South Africa

Explore the financial implications for UK expats returning to South Africa, including tax residency, pension arrangements, and property considerations. Learn how to optimise your finances for a smooth transition back home. Image: Supplied. South Africa faces many challenges, but a clear trend is emerging of expats returning home. Stats SA's Migration Profile Report for South Africa, released last year, shows that since 2000, the number of South Africans in the UK has grown from 136,720 to 247,336. But in a move that some have dubbed 'reverse emigration', many are heading back. The top reasons for coming back range from missing the South African lifestyle and family and friends, to the bad weather and high cost of living in the UK. The UK is significantly more expensive than South Africa, especially when it comes to housing, eating out, and labour costs. For the same income, South Africa offers families better homes, an affordable lifestyle, and access to good schools. Here are the financial implications for expats returning to South Africa. Ensure your finances are in order before you move back A move between countries shifts tax residency, so you will need to determine your tax residency status in both the UK and South Africa, as this will impact how your income and worldwide assets are taxed. Be aware that South Africa taxes residents on their worldwide income while non-residents are taxed only on South African-sourced income. It is important to familiarise yourself with the UK-South Africa DTA to avoid being taxed twice on the same income. It is a good idea to monitor the GBP/ZAR exchange rate to plan the timing of your transfers. The Rand can be volatile, so it may be a good idea to work out your income and capital needs in South Africa and transfer only the amount that you are planning to spend there. Remember that retaining funds offshore can hedge against a weakening currency. Make sure you review your UK pension arrangements before you leave. Several UK pension providers will not accept SA residents on their platform or, when you become a non-resident in the UK, will not allow you to make further changes to your existing UK pension. This could have a material impact on your retirement planning. It's also a good idea to make sure you understand the tax treatment of your UK investments in South Africa, including potential liabilities for Capital Gains Tax or foreign dividends. A question that comes up often is 'Should I retain my ISAs?' Unfortunately, ISAs are not tax-free in South Africa, which has its own version of an ISA called a Tax-Free Savings Account. When moving to a new country, it's best to review the product wrappers you are currently using, as well as what options you have available in South Africa. Many clients benefit from restructuring their investments and tax optimising strategies when it comes to cross-border financial planning. If you have a UK property, you will need to decide whether to sell, rent out, or retain your UK property. Be aware of tax implications, such as Capital Gains Tax and rental income tax in both countries. Buying property in South Africa is fairly straightforward, but make sure that you do your due diligence before any large purchase. Getting set up with a bank account can be difficult without being physically present and able to provide proof of residence in South Africa. Once you have the required supporting documents, the process of opening an account is relatively easy. Many South African bank providers offer offshore accounts. The money required to be held in these accounts is much higher than a local bank account, but it can provide additional flexibility for holding non-Rand assets. * Adshade is the wealth advisor at Sable International. PERSONAL FINANCE

EU states look to trim compensation for flight delays
EU states look to trim compensation for flight delays

eNCA

time9 hours ago

  • eNCA

EU states look to trim compensation for flight delays

BRUSSELS - EU countries have backed a plan to allow airlines to incur longer flight delays before having to compensate passengers -- a contested move intended to be offset by several new passenger rights. At present, passengers in Europe have a right to between 250 and 600 euros ($285-685) in compensation, depending on flight distance, for delays of three hours or more. But airlines complain that it leaves them a hefty bill, and often leads them to cancel flights rather than run them with a long delay, due to knock-on effects on flight schedules. A majority of EU states agreed late Thursday to change the rules, overcoming opposition from Germany in particular, following hours of painstaking negotiations in Luxembourg. Under the new system, the compensation threshold would increase to four hours for flights of up to 3,500 kilometres (2,175 miles), or connecting cities inside the European Union, with its amount set at 300 euros. For longer flights, the right to compensation of 500 euros would kick in after a six-hour delay. The European Consumer Organisation BEUC slammed the plan, saying the "new eligibility thresholds will deprive the majority of passengers from their compensation rights", as most delays are between two and four hours. It urged European lawmakers -- who have yet to approve the text -- to uphold passengers' rights. The compromise did not satisfy airlines either, with the umbrella group Airlines for Europe (A4E) -- which includes Air France-KLM, Lufthansa, Ryanair and easyJet -- complaining that it "introduced even more complexity" than the initial European Commission plan. But a spokesperson for the French aviation industry federation called it a "step forward" for consumers. The rules changes "clarify the law and will avoid many recurrent court disputes," said the spokesperson, Laurent Timset. Poland's infrastructure minister Dariusz Klimczak, whose country currently holds the EU presidency, meanwhile cheered the creation of "over 30 new rights" for passengers, in a statement announcing the deal. Those include a "right to be rerouted" at the earliest opportunity, including through flights operated by other carriers or alternative transport modes. The plan also creates a system for passengers to be automatically compensated for flights cancelled within 14 days of departure. And it spells out the right to assistance -- refreshments, food, accommodation -- when travel is disrupted. France's transport minister Philippe Tabarot declared himself satisfied with the compromise.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store