{"id":8850,"date":"2021-04-23T15:44:21","date_gmt":"2021-04-23T15:44:21","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=8850"},"modified":"2021-04-23T15:29:34","modified_gmt":"2021-04-23T15:29:34","slug":"sa-resumption-of-vaccine-drive-expected-to-stabilise-market","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-resumption-of-vaccine-drive-expected-to-stabilise-market","title":{"rendered":"SA resumption of vaccine drive expected to stabilise market"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>JOHANNESBURG – SOUTH Africa is expected to resume the use of the Johnson & Johnson vaccine to immunise healthcare workers soon, a move that is expected to bring stability in the markets as Covid-19 cases are on the rise.<\/p>\n

Confidence in the global economic recovery has been rising due to the success of vaccination roll-outs in various countries with investors in South African markets keeping a keen eye on the speed of vaccine delivery as well as the virus infection rate.<\/p>\n

The government yesterday said the temporary suspension of the J&J vaccine on the Sisonke Vaccination Programme will be lifted, however, a date was yet to be confirmed.<\/p>\n

The Department of Health last week temporarily suspended the J&J vaccination programme as a precautionary measure after six people developed a rare type of blood clot in the US, which led to the rand sliding in cautious trade as risk sentiment soured.<\/p>\n

The suspension of the vaccine roll-out had brought slight uncertainty into the financial markets.<\/p>\n

Acting Minister in the Presidency Khumbudzo Ntshavheni said the reviewed data had confirmed that South Africa had not experienced any rare blood clots with the already vaccinated healthcare workers.<\/p>\n

More than 292 623 healthcare workers had been vaccinated under the Sisonke Vaccination Programme by mid-April.<\/p>\n

Ntshavheni said the Cabinet had been in discussions with the SA Health Products Regulatory Authority (Sahpra) over their concerns about suspending the vaccination programme.<\/p>\n

Sahpra recommended that the pause in the Sisonke study be lifted provided that specific conditions were met, including strengthened screening of participants at high risk of a blood clotting disorder.<\/p>\n

\u201cCabinet welcomed the recommendation by the Sahpra to lift the suspension of the J&J Sisonke Vaccination Programme,\u201d Ntshavheni said.<\/p>\n

\u201cThe Department of Health will announce the commencement. The reimplementation will commence as soon as the department is ready with all its systems.<\/p>\n

\u201cWe are receiving one million doses of the J&J vaccine on Monday from our plant in Gqeberha.\u201d<\/p>\n

Through its agreements with J&J and Pfizer, South Africa has secured enough vaccines for 46 million of its roughly 60 million population.<\/p>\n

The government also expressed concerns over a slight surge of 4.9 percent in persons testing positive for Covid-19 in the past 14 days due to cluster resurgences in the Free State and Northern Cape.<\/p>\n

Investors this week dumped emerging markets currencies as countries like India and Brazil continue recording very high Covid-19 infection rates.<\/p>\n

The rand has been stuck in a very narrow trading range as it has struggled for direction against the dollar.<\/p>\n

FXTM\u2019s senior research analyst Lukman Otunnuga said it felt like the rand was searching for a fresh directional catalyst before making its next move.<\/p>\n

Otunuga said a sense of caution continues to linger amid concerns about the surge in global coronavirus cases.<\/p>\n

\u201cEven the latest inflation figures failed to move the currency with the rand trading around R14.28 to the greenback,\u201d he said.<\/p>\n

\u201cIf investors adopt a defensive approach and risk-off returns, this could hit emerging market currencies including the rand.\u201d<\/p>\n

[email protected]<\/p>\n

BUSINESS REPORT<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. JOHANNESBURG – SOUTH Africa is expected to resume the use of the Johnson & Johnson vaccine to immunise healthcare workers soon, a move that is expected to bring stability in the markets as Covid-19 cases are on the rise. Confidence in the global economic recovery has been rising due to the success […]<\/p>\n","protected":false},"author":84,"featured_media":8849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[274,315,275],"class_list":["post-8850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nSA resumption of vaccine drive expected to stabilise market - South Africa<\/title>\n<meta name=\"description\" content=\"JOHANNESBURG - SOUTH Africa is expected to resume the use of the Johnson & Johnson vaccine to immunise healthcare worker ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sa-resumption-of-vaccine-drive-expected-to-stabilise-market\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA resumption of vaccine drive expected to stabilise market\" \/>\n<meta property=\"og:description\" content=\"JOHANNESBURG - 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