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South African fashion retailers boost local production amid port delays

South African fashion retailers boost local production amid port delays

SOUTH African fashion retailers are ramping up local production and using alternative sea ports and air freight to mitigate the impact of congestion at traditional ports that has caused massive delays in stock deliveries, executives told Reuters. State-owned logistics company Transnet said in November the backlogs at the Port of Durban and congestion at Richards Bay were due to factors including under-investment in equipment and maintenance, warning that procuring some of the new equipment could take as long as 12 to 18 months. Although South African fashion retailers have been moving production closer to home, they still rely heavily on…
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Africa demands local production of vaccines

Africa demands local production of vaccines

DUNCAN MIRIRI and GEORGE OBULUTSA GLOBAL pharmaceutical firms should license the production of COVID-19 vaccines in Africa rather than just do piecemeal contract deals, an African Union special envoy has said. AU coronavirus envoy Strive Masiyiwa was speaking a day after Pfizer and BioNTech announced a "fill and finish" deal with South Africa's Biovac Institute under which it will carry out the final stages of vaccine manufacturing where the product is processed and put into vials. Pfizer and BioNTech will handle drug substance production at their facilities in Europe. Medecins Sans Frontieres (MSF) has called the arrangement "restrictive" and said…
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