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We will kill more people by socio-economic devastation than Covid, says Bonang Mohale By Rudolph Nkgadima Share Cape Town - When the Covid-19 pandemic hit South Africa, the country was already finished as it had just come out of a downgrade and a technical recession, Free State University Chancellor Bonang Mohale says. Mohale who was speaking during a webinar, hosted by non-profit organisation, Afrika Tikkun, on Thursday morning, said one only needed to look at the figures in order to see why the country found itself in a “spot of bother“. “Our debt… is R3 trillion, we are borrowing at a rate of R2.1 billion a day,” he said. “Our debt to GDP ratio is 93% but this excludes government guarantees. If you include those, the ratio goes to 110%. South Africa… cannot afford to pay its debt. Our debt-servicing costs are R20 million, so 70% of the almost R1.4 trillion that is collected by Sars goes towards the public sector, social security and debts. ....
Joining Schoub on the panel were Discovery Health chief commercial officer Dr Ronald Whelan and Dr Stavros Nicolaou, Business For SA health working group chairman and Aspen Pharmacare Group’s senior executive responsible for strategic trade. SA’s target of vaccinating 40 million people by the end of the year was going to be an even greater challenge than the previous campaign to rollout antiretrovirals, said Schoub. “We will need 6,500 health care workers who will each have to immunise 50 people a day,” he said. “But I think we may well surprise ourselves.” Schoub noted that SA had secured about 20 million doses of Covid-19 vaccines, of which 1 million had already arrived in SA. A further 500,000 doses were due to arrive in February. ....
Discovery Health Medical Scheme will announce its contribution for 2021 in the second quarter next year and projects it to be no more than 5.9% across all its plans. ....
Medical schemes set for vaccine rollout By Given Majola Share DURBAN - SOUTH Africaâs medical aid schemes have also set aside funds to finance the countryâs much-expected Covid-19 vaccine rollout. The countryâs biggest medical aid scheme, Discovery Health, said that the sector had ring-fenced at least R7 billion to ensure that its members received the vaccine as soon as it was made available in South Africa. For Discoveryâs members the vaccine has now been made a prescribed minimum benefit, which means all medical aid schemes in the country are now obliged to fund the cost of vacination for their members. ....