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South Africa’s vaccine rollout programme to get R500m boost

Solidarity Fund to use R250m from its own account and an equal amount raised from donors.
Image: Bloomberg

The Solidarity Fund, set up to mobilise money to help South Africa fight the Covid-19 pandemic, plans to spend R500 million to boost the country’s vaccine-rollout programme.

The fund will use R250 million from its own account and an equal amount raised from donors, chief executive officer Tandi Nzimande said in an emailed response to questions on Tuesday.

South Africa started administering coronavirus vaccines on February 17, with health-care workers receiving the first single-shot doses developed by Johnson & Johnson. The government aims to inoculate two-thirds of the population by year-end and says it’s secured enough vaccines to meet that goal.

The support will help take pressure off a government trying to contain spending after a surge in debt and an economic contraction because of lockdowns to contain the pandemic. The National Treasury has set aside R10.3 billion for vaccines for the next three years, with another R9 billion available in an emergency fund.

The Solidarity Fund is in talks with the health ministry and other parties to identify what else can be done to accelerate the rollout of vaccines, Nzimande said.

© 2021 Bloomberg

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If you do not have vaccines how can you accelerate the roll out.

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