Russia an opportunity for South African companies

The Department of Trade and Industry (DTI) said on Monday that a South African business delegation is in Russia to take part in the World Food Moscow Fair. The delegation seeks export opportunities in the country’s agro-processing market, the DTI said on Monday.

Moloko Leshaba, South Africa’s foreign economic representative in Russia said that fresh fruits export is essential. Leshaba further said that South Africa has seen growth in several products including rooibos, honey bush tea and spices.

Leshaba said that “South Africa has continued to see growth exports to Russia in a number of products. Bottled wines have been growing at more than 10 percent in the last four years, increasing the number of South African wine brands in the country”.

He further said that “Russia is actively looking for alternative suppliers of food and beverages to mitigate the effects of sanctions. South African companies have the opportunity to expand into a receptive market in Russia”.

CEO of cocktail manufacturing company, Snow Bliss, Karin Opperman says that the company is hoping to find importers and distributers for its products.

“We have discovered that Russia is a very attractive and good market for alcohol beverages. Since we have established our brand with different distributors and hotels back in South Africa and other African countries, we are now ready to establish a base here in Russia,” Opperman said.

The company is based in Gauteng, Boksburg and now employs 22 permanent staff and exports beverages to China, Hong Kong, Namibia, Botswana and the Democratic Republic of Congo.



Source: Africa News Agency