• Contact Us
  • About Us
Wednesday, August 5, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

SA To Establish Compensation Fund To Allay J&J Concerns

metro by metro
April 16, 2021
in News
0
0
SHARES
0
VIEWS

South Africa published draft regulations to establish a new fund that will protect pharmaceutical companies from all liability arising from the use of coronavirus vaccines, addressing a key demand made by Johnson & Johnson and other suppliers.

Read Also

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

Tinubu Leaves Primary, Secondary Qualification Fields Blank In 2027 INEC Nomination Form

Daily Times @100 Heroes Awards: Organising Council Announces Winners Across 29 Categories

The regulations on the Covid-19 Vaccine Injury No-Fault Compensation Scheme, released by the Department of Health on Thursday, propose the establishment of a panel led by a retired judge and other experts to adjudicate vaccine-related claims, according to Bloomberg. The finance minister will issue regulations setting out how much compensation will be paid. Claims may not be filed in court until they have been processed by the panel, but its rulings may be appealed.

The government has faced widespread criticism for being slow to procure vaccines, with just 292,623 people inoculated with the J&J shot so far. On Wednesday, Health Minister Zweli Mkhize told lawmakers delays were partly attributable to manufacturers making “unreasonable demands” on the government to ensure their interests were safeguarded.

The regulations clearly state that the South African government will bear liability for all vaccine-related claims, and the manufacturers will be granted indemnity under procurement agreements. Comments on the new rules can be submitted by April 19.

Previous Post

Vaccine Woes, Rising Debt May Threaten  SSA Rebounds, Nigeria, SA, Angola Seen As Laggards 

Next Post

Africa CDC Says Cannot Predict When Second COVID-19 Shots Will Arrive

Related Posts

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks
News

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

August 3, 2026
Tinubu’s Government Orders Sale Of IBEDC, 4 Other Discos Within 90 Days
News

Tinubu Leaves Primary, Secondary Qualification Fields Blank In 2027 INEC Nomination Form

August 1, 2026
Daily Times @100 Heroes Awards: Organising Council Announces Winners Across 29 Categories
News

Daily Times @100 Heroes Awards: Organising Council Announces Winners Across 29 Categories

August 1, 2026
Ghana May Lose $3.8Bn World Bank Funding Over Anti-LGBTQ+ Bill
News

Ghana’s Government Backs Five-year Presidential Term, Lowers Minimum Age To 35

July 30, 2026
Next Post

Africa CDC Says Cannot Predict When Second COVID-19 Shots Will Arrive

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

US Says Some Older Ford Cars, SUVs Pose Unreasonable Safety Risks

August 3, 2026
Anger As Fuel Consumption Drops From 64.9m To N52m Daily After Subsidy Removal

NNPC Issues Another Tender To Sell Cawthorne Crude

August 3, 2026
Oil Prices Up After OPEC+ Maintains output Cuts, But Shaky Demand Caps Gains

Petrol Prices May Fall  In Nigeria As Trump Eases Iran Tensions

August 3, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version