Government Invests R500 Million on COVID-19 Vaccine
Written by Mfundo on 24 November, 2020
By: Zilungile Mkhize
Finance Minister Tito Mboweni has confirmed that government will invest R500 million to secure its place for the first few countries that will receive the Covid-19 vaccine when it is found.
Several companies around the world are rushing to development an effective Covid-19 vaccine.
Thousands have died in the country since the first coronavirus case was confirmed in March.
Speaking during a Bloomberg webinar, Mboweni says he is worried about the effect of a second surge on the economy but feels confident that South Africa is well placed to benefit from a successful vaccine.
[advanced_iframe src=”https://streaming.fabrik.fm/fabrik/echocast/player/rewind-single/player.html?id=6d2fc469-1aa3-455c-8e71-36fc65de6156&web_url=https://echocast.fabrik.fm/DBp9WpNp4JMLB&podcast_id=b4b12be1-499b-4026-9ea3-c8012756b5b1″ width=”100%” height=”200″]