News update: First Covid-19 vaccine doses expected to arrive in SA on February 1, and more

 News update: First Covid-19 vaccine doses expected to arrive in SA on February 1, and more

News update.

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First Covid-19 vaccine doses expected to arrive in SA on February 1

The flight which contains the first batch of Covid-19 vaccines is set to arrive at OR Tambo International Airport on Monday. The first phase of the vaccine will be delivered using work- based programmes, mobile teams and vaccination centres.

Healthcare workers are to be prioritised in this phase of vaccinations and they will receive their jabs by next month. Health minister Zweli Mkhize previously stated that the first one million doses of the Oxford/AstraZeneca vaccine has been obtained from the Serum Institute of India, with another 500 000 arriving in February. There are 1.25 million healthcare workers who will be prioritised during this phase of vaccination. The health department also stated that distribution will move according to a targeted approach to a broader population reach with more vaccines becoming available.

Calls to crack down on fraudulent schemes from direct selling lobby group

The direct selling industry in South Africa has pleaded for harsher punishments to be issued for creators of fraudulent schemes, saying that such investment scams are damaging the credibility of legitimate businesses.

Direct selling involves direct sales of goods along with legal multilevel marketing as well as referral marketing. This comes as result of the spectacular collapse of the Bitcoin trader Mirror Trading International, whose CEO and founder still has not been heard from in more than a month.

Companies such as Amway, Herbalife and Avon, are some of those whose credibility are being affected by illegal ‘Ponzi’ schemes, in which early investors make money from the investments of later investors. The Direct Selling Association of South Africa has offered opportunities to more than 760 000 part-time as well as full-time sellers in the country and is urging government as well as other regulatory bodies to engage, with the aim of creating more public awareness of the dangers that scams can pose.

Chris Louw

https://sashares.co.za/

Featured Financial Writer for SA Shares - Read more about Chris's Bio -

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