In the news

Most Read

  • Telkom CEO Sipho Maseko to step down
    Telkom has announced that its CEO and executive director Sipho Maseko will step down on 30 June 2022. The telecoms company said the process to appoint a successor is well underway and a designated group CEO will be announced in the not too distant future.
  • How cooking oil brought a moment of joy during a dreadful week
    It is possible that cooking oil prevented more looting in South Africa in the last week than the president, the ANC, the intelligence community, the army and the police combined. This, without question, says something about the versatility of the product. It says even more about the state of the state. When you are shown up by canola, you might want to revisit your strategy. By Howard Feldman
  • Park Advertising launches digital performance unit, Lucid Media
    Performance Media across Search, Social and Programmatic platforms is the single fastest growing area of digital media in South Africa. Combine that with the detailed analysis of campaign management, tagging and ad operations, and it becomes apparent that these highly specialist functions require a highly specialised unit.
  • Transnet hit by cyberattack - Operations disrupted nationwide
    The Transnet Port Terminals website has been hacked, implying that all companies under Transnet have been affected. All Transnet websites were down at the time when reporting was done for this SA Trucker article. The publication cited sources who requested to remain anonymous because they are not allowed to speak to the media.
  • #BehindtheBrandManager: Meet Tamsin Darroch of Kellogg's South Africa
    Few food brands have the historical connection with consumers around the world as Kellogg's does, having held meaning at the breakfast table for over a century. By Lauren Hartzenberg
  • Business unusual for small enterprises on the road to recovery
    The Covid-19 pandemic has hit South Africa's small business sector hard and there are grim statistics to bear this out. Those statistics will not be repeated here. After all, if you are a small business owner setting out on the road to recovery, the last thing you probably want is more details of the toll the pandemic has taken on small enterprises. Far more useful would be some good, solid tips on how to build back better after any business setbacks. By Ameen Hassen
Show more
Advertise on Bizcommunity

Subscribe to industry newsletters

Over 100 countries back Trips waiver on Covid-19 vaccines

President Cyril Ramaphosa says a proposal by South Africa at the World Trade Organisation to waiver specific Trade-Related Aspects of Intellectual Property Rights (Trips) obligations related to the manufacturing of Covid-19 vaccines is now supported by over 100 countries.
© Artem Podrez –

The President said this when he responded to oral questions in the National Assembly on Thursday.

“We want to manufacture vaccines locally against the pandemic. It is for this reason that South Africa and India proposed the Trips waiver at the World Trade Organisation to enable the manufacturing of Covid-19 vaccines in developing countries.

“The proposal is now supported by more than 100 countries. SA welcomes the statement by the United States that it will support the Trips waiver on intellectual property protection for Covid-19 vaccines,” he said.

This comes after the President, in his capacity at the Chairperson of the African Union (AU), made the call during a webinar on the Africa Covid-19 Vaccine Financing and Development Strategy, in a move that would enable countries in Africa and in other developing countries to access active pharmaceutical ingredients and benefit from technology transfer, including the know-how to manufacture vaccines in Africa at a cheaper cost.

Addressing MPs on Thursday, the President said the decision by the United States to throw its weight behind the proposal is a victory for South Africa.

“It goes to show the influence we have as a country, working together with others, that our voice and messages have weight because they are rational, progressive and are meant to benefit people on our continent,” he said.

Government finalises contracts with vaccine manufacturers

The President said, meanwhile, that government has finalised contracts with several vaccine manufacturers, which will be enough to vaccinate 41.5 million people.

This includes the finalisation of a contract with Johnson & Johnson to supply 31 million doses, another contract with Pfizer for the supply of 20 million vaccine doses, with an additional allocation from Covax of nearly 1.4 million doses.

The first shipment of the Pfizer vaccine was received earlier this week.

“It should be noted that the negotiations with manufacturers were protracted, as government had to ensure that the terms of the contracts were consistent with SA laws and not detrimental to national interests.

“We have now finalised contracts for sufficient doses to vaccinate 41.5 million people. The estimated times for the delivery of the vaccines depends on several factors, many of which are beyond our control.”

He said the contractual delivery schedule, as per the information shared by manufacturers, will see South Africa receiving three million Johnson & Johnson doses in quarter two of 2021, 4.5 million Pfizer doses through government’s contract with Pfizer, and a further 1.4 million Pfizer doses via the Covax facility.

He said in the third quarter, South Africa is scheduled to receive 9.1 million Johnson & Johnson doses and another 8.5 million Pfizer doses, while the remaining 19.1 Johnson & Johnson doses and seven million Pfizer doses are scheduled to arrive in the fourth quarter.

“In total, we are scheduled to receive 31.2m J&J doses and 21.4 Pfizer doses,” the President said.

SOURCE is a South African government news service, published by the Government Communication and Information System (GCIS). (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.
Go to:

Let's do Biz