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News

Plea for African HIV/AIDS drugs

26 Feb 2024
“Despite Sub-Saharan Africa bearing two-thirds of the global HIV/AIDS burden, African producers receive less than 1% of PEPFAR’s annual $750m expenditure on related commodities,” reported Business Day (16 Feb 2024). Local drug makers are advocating for PEPFAR to fulfil and expand upon its December 2022 pledge to transition at least 2m HIV/AIDS patients to treatments manufactured in Africa by 2030.
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New rules regarding overtime payment

26 Feb 2024
Gauteng Health Department informed CEOs and senior managers of public health facilities that the authority to approve commuted overtime payments will be centralised from 1 April, pending a review of the policy. – Business Day (25 Feb 2024)
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More than 10% increase in revenue for DIS-Chem Pharmacy Group

26 Feb 2024
DIS-Chem (valued at R26bn on the Johannesburg Stock Exchange) announced a 12.2% revenue growth from September 1 to January 28 compared with last year. – Business Day (25 Feb 2024). This was fuelled by increases across its retail, wholesale, and external business segments.
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SA urgently needs clarity on NHI funding

26 Feb 2024
Where could the money for implementing NHI come from? asked Larisse Prinsen (lecturer in law at the University of the Free State) in Business Times (25 Feb 2024).
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Health eDpartment considers a six-month supply of ARVs

23 Feb 2024
Business Day reported on 23 February that the Health Department is considering a policy change to provide people living with HIV with a six-month supply of medication as it seeks to boost the number of patients on treatment.
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Adcock Ingram’s profits stagnate amid economic struggles

22 Feb 2024
Pharmaceutical company Adcock Ingram has experienced limited profit growth in the six months ending December, attributing the stagnation to lacklustre performance in its prescription and over-the counter segments.
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Budget speech: Government stays committed to NHI policy

22 Feb 2024
In his Budget Speech, delivered on 21 February, Finance Minister Enoch Godgongwana announced that Treasury has set aside a revised estimate of R267.3bn for consolidated health expenditure this year. This will rise to R271.9bn in 2024/25. The consolidated health budget then increases to R281.1bn in 2025/26 and R295.2bn in the outer year, representing baseline reductions of R23.7bn over the medium term. – Mail & Guardian (22 February).
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UK regulator says baby formula market due for a check-up

21 Feb 2024
The UK’s antitrust body will examine the infant formula market following a 25% price increase since 2022, reported Reuters (20 Feb 2024). “Key suppliers in the UK market, including Nestlé and Danone through their brands SMA Nutrition and Cow & Gate, are under the spotlight.”
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Will Godongwana budget for the NHI?

21 Feb 2024
One of the biggest questions ahead of Finance Minister Enoch Godongwana’s 2024 Budget Speech is whether there will be any new allocation for the implementation of the National Health Insurance (NHI) scheme, reported Moneyweb (21 Feb 2024).
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Health department warns against ‘misleading’ vaccine posts

21 Feb 2024
“The Health Department has issued a warning to the public to disregard a circulating voice note that falsely claims vaccinations against Covid-19 are causing deaths and suggests using an unapproved product for prevention,” reported TimesLive (20 Feb 2024).
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Life Healthcare’s UK retreat is shortsighted

20 Feb 2024
On 20 Feb 2024 the following was published in OPINION Business Day: “The divestiture of its UK diagnostics arm, Alliance Medical, to Icon Infrastructure for slightly over R21bn represents a modest gain on the more than R14bn Life Healthcare expended in 2016 for the acquisition. This move, though initially seen as beneficial by shareholders advocating for the sale since February to concentrate on its primary domestic operations and alleviate debt, might not be advantageous for the R30bn healthcare conglomerate in the future.”
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Harsh criticism against plans to fund NHI

20 Feb 2024
A recent report by FTI Consulting, commissioned by the business sector, outlines substantial tax hikes needed to raise the proposed funds to implement the National Health Insurance Bill, reported Business Day (19 Feb 2024).
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‘Battle between death and insolvency’

19 Feb 2024
Delegates at the SAMA conference voiced their concern about patients’ difficulty accessing cutting-edge medical treatments despite significant medical progress.
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Public health system budget cuts injure all

19 Feb 2024
“Making life-and-death decisions based on financial constraints is a reality for doctors following a R1.5bn reduction in the Western Cape’s health budget over the past year,” reported News24 (16 Feb 2024).
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NHI funding: all eyes on Finance Minister

19 Feb 2024
Financial and economic difficulties could jeopardise the future financing of the proposed National Health Insurance (NHI), said Discovery Group CEO, Adrian Gore. - Business Times (18 Feb 2024).
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