Keeping SA's economy alive: Govt must reprioritise spending to secure Covid-19 vaccines, says business

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SA's Covid-19 infections have breached the 1 million mark, prompting government to revert back to adjusted lockdown Level 3 restrictions. (Getty)
SA's Covid-19 infections have breached the 1 million mark, prompting government to revert back to adjusted lockdown Level 3 restrictions. (Getty)

The story: South African business lobby groups say it is now vital that government act swiftly to secure access to coronavirus vaccines to keep the economy alive.

How we know: The CEO of the South African Chamber of Commerce and Industry, Alan Mukoki, said the priority for government should be securing vaccines. Ramaphosa said the country was part of the "first group of countries" to receive allocations of vaccines from the COVAX consortium, despite reports that SA had missed payment deadlines.

What was said: "We have serious fiscal constraints so we must reprioritise expenditure form whole areas where we do not need to plough money and toward procurement and acquisition of vaccines. The private sector will assist where we can, there's no doubt about it, but it will need to be led by government," said Business Unity South Africa's Cas Coovadia, who thinks the move to adjusted lockdown Level 3 is "appropriate" given the rising cases.

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