- The government will pay about R327 million rand to take delivery of the vaccines under the Covax initiative.
- The total cost of the vaccines could amount to more than R2 billion.
- South Africa is seeing a surge in coronavirus cases as millions of people prepare to travel during the festive season.
South Africa will probably take its first delivery of coronavirus vaccines by the middle of next year after agreeing on an initial payment, according to the Department of Health.
The government will pay about R327 million rand to take delivery of the vaccines under the Covax initiative that will cover about 10% of the population, the ministry said in a statement.
The total cost of the vaccines could amount to more than R2 billion. The World Health Organisation-backed Covax initiative aspires to give lower-income countries the same access to vaccines as wealthier nations.
"Our understanding from the production estimates we have been provided with at this stage is that we should expect to receive the first batch of stock in quarter two of 2021," the department said.
South Africa is seeing a surge in coronavirus cases in some districts just as millions of people prepare to travel to their home towns and holiday destinations during the festive season.
President Cyril Ramaphosa on Thursday reintroduced restrictions aimed at containing the spread of the virus in Nelson Mandela Bay, the nation's sixth-largest city, with a population of 1.3 million people.
The government is also considering buying vaccines from other potential producers, including Johnson & Johnson, Novavax, AstraZeneca and the Pfizer and BioNtech partnership. It needs to ensure it has funds and resources for the distribution, storage and administration of the vaccines, the ministry said.
"While the Covax facility is our favored vehicle for accessing vaccines, we will always explore all options to ensure that the process of rolling out vaccines is safe and cost-effective," it said.