Public Management

S. Africa: Negotiations with labs risk delaying Covid-19 vaccine rollout

S. Africa: Negotiations with labs risk delaying Covid-19 vaccine rollout
Wednesday, 31 March 2021 14:58

In a letter sent to the South African Finance Minister Tito Mboweni on March 24, Health Minister Zweli Mkhize said the Pfizer lab had made delivery of its Covid-19 vaccine to South Africa conditional on the signing of a commitment agreement by the government.

According to the document relayed by Bloomberg, the lab demands that both ministers personally sign a deal that would “give the assurance that the terms of the indemnity clause are acknowledged by government and, as such, any liability that may be established will be covered by the fiscus.” This is expected to guarantee the protection of the lab against any possible complaints and claim for compensation in the future. The signing of this pact is the condition needed to validate the acquisition of the Pfizer vaccine by South Africa.

News24 also earlier reported that the delivery of vaccines from the pharmaceutical group Johnson & Johnson would be delayed due to the absence of a no-fault compensation policy in South Africa. The information was denied by the Deputy Director-General of the National Department of Health, Anban Pillay, to Bloomberg.

This situation risks delaying the vaccination campaign in S. Africa, the most affected country in Africa. With a total of 1,545,979 cases and 52,710 deaths, the Rainbow nation needs a mass vaccination campaign to achieve herd immunity. This is all the more urgent because of the rapid spread of the new variant.

Carine Sossoukpè (trainee)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
I&M Group raises stake in I&M Bank Tanzania to 95.5% Deal follows exit of Proparco and MEAL after 15 years Group bets on growth in...
SEC sharply increases capital thresholds across the securities industry Brokers, asset managers, issuers, and digital asset firms face higher...
PCM Capital Partners sold its entire 10.6% stake in First Atlantic Bank following an oversubscribed IPO on the Ghana Stock Exchange. The...
Libya’s central bank cut the dinar by 14.7% to 6.37 per dollar, marking the second devaluation in less than a year. Authorities cited unchecked...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
03

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
04

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
05

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.