S. African Wine Exports Gain Most in 5 Years on Weakening Rand

South Africa’s wine exports increased the most since 2008 in the first half, boosted by a better harvest and a weaker rand that made the price of locally produced goods more attractive, an industry association said.

Total shipments climbed 40 percent in the six months through June, the biggest first-half advance in five years, Su Birch, chief executive officer for Wines of South Africa, said by phone from Pretoria today.