India, UAE roped in to revive CAPS, Datlabs

India, UAE roped in to revive CAPS, Datlabs
Published: 19 April 2019 (218 Views)
THE government says it is taking concrete steps to revive the country's health sector by engaging India and the United Arab Emirates (UAE) to help resuscitate fallen pharmaceutical giants CAPS Holdings and Bulawayo-based Datlabs.

This comes as both public and private hospitals are struggling to source adequate stocks of vital medicines due to the biting shortages of foreign currency currently being felt across all the sectors of the economy.

Zimbabwe needs about US$400 million per year to meet its full drug requirements for the health services sector.

Health and Child Care minister Obadiah Moyo said yesterday that the government was negotiating with Indian companies who had expressed an interest in reviving CAPS and other drugs companies.

"We want to revamp and capacitate our manufacturing industry, starting with CAPS and companies that are there like Datlabs, Plus Five and Varichem.

"We want to create a situation where these local manufacturing companies are rehabilitated, strengthened and are able to produce adequate and appropriate essential medicines for the country," Moyo said.

He added that revamping CAPS was important as it was a good company which was being held back by its antiquated equipment.

"We have identified companies in conjunction with the ministry of Industry and Commerce for India to come and improve.

"CAPS has 200 registered formulae which means they can be able to supply 200 different types of medicines at any one time if they are fully functional," he said, revealing that Zimbabwe was buying 80 percent of its drugs from India.

Moyo also said government was looking to the UAE which had also offered to support its programme to strengthen its public health system.

Last year, an Indian pharmaceutical company, Ajanta Group, took over operations at Caps and pledged to bring in new machinery and introduce new technologies.

Zimbabwe's health delivery system is battling a myriad problems, primarily as a result of the worsening economic climate in the country and the government's incompetence in many instances.

As a result, major referral hospitals have often had to suspend many critical services because of collapsing infrastructure and the shortage of drugs, including painkillers.

At the peak of its economy, Zimbabwe did not import most of its drugs due to the then healthy state of its pharmaceutical industry, which was dominated by CAPS.

At its peak, the struggling drug manufacturer accounted for 75 percent of the local healthcare products market - and was involved in the manufacture, wholesale, distribution and retail of pharmaceutical, consumer and veterinary products.

Today, the company is only operating one of its four plants in the capital Harare as a result of lack of funding - leaving the country's health institutions with no option but to procure medicines, including intravenous drip water, from outside the country.

- dailynews

Tags: INdia, UAE, Caps, Datlabs,

You May Like These Videos


There are no comments.

Latest stories

Zimbabwe govt expenditure problem

by Clemen Moyo ka Mangena | 15 September 2019 | 136 Views

Sympathy for the devil

by Zimbabwe Vigil Diary | 15 September 2019 | 149 Views

ZINARA Employees stealing from government and motorists

by Munya Shumba | 15 September 2019 | 170 Views

ZAPU in its bravest rebranding and transformation exercise

by Sakhile Sibanda | 15 September 2019 | 118 Views

Mugabe's death breathes life into sleepy Zvimba

by Staff reporter | 15 September 2019 | 249 Views

Zimbabwe's success inevitable, says Mnangagwa

by Staff reporter | 15 September 2019 | 253 Views

Mugabe died a sad man

by newzimbabwe | 15 September 2019 | 301 Views

Zinara looters put on notice

by Staff reporter | 15 September 2019 | 279 Views

Ramaphosa apologises for xenophobia

by Staff reporter | 15 September 2019 | 199 Views

Mugabe funeral programme shifts to Zvimba

by Staff reporter | 15 September 2019 | 308 Views

Zimbabwe nears SA industry loans deal

by Staff reporter | 15 September 2019 | 190 Views

Crafty Bob is not just history but our history

by Bishop Lazi | 15 September 2019 | 145 Views

G40's ahistorical narrative

by Ranga Mataire | 15 September 2019 | 192 Views

A too-comfortable end for Mugabe

by Jason L Riley | 15 September 2019 | 215 Views

Mnangagwa may not revenge against Grace Mugabe

by newzimbabwe | 15 September 2019 | 204 Views

Final salute for Robert Mugabe

by Staff reporter | 15 September 2019 | 159 Views

'The West is upset about Zimbabwean land'

by Prof Arthur Mutambara | 15 September 2019 | 180 Views

South Africans need a history lesson

by Mtandazo Dube | 15 September 2019 | 162 Views

'Foreigners can now invest in Zimbabwe's restricted sectors'

by Staff reporter | 15 September 2019 | 188 Views

Grace Mugabe praised

by Staff reporter | 15 September 2019 | 231 Views

Zesa, BCC agree on compensation for power station use

by Staff reporter | 15 September 2019 | 148 Views

The 'Zimbabwean' mogul in SA police's crosshairs

by Staff reporter | 15 September 2019 | 195 Views

Can Bosso stand Colliery heat?

by Staff reporter | 15 September 2019 | 88 Views

ZB Bank introduces WhatsApp banking

by Staff reporter | 15 September 2019 | 101 Views

Sables beat Zambia, win Victoria Cup

by Staff reporter | 15 September 2019 | 70 Views

College charges extra on EcoCash

by Staff reporter | 15 September 2019 | 47 Views

Concern over sharp increase in armed robbery cases

by Staff reportetr | 15 September 2019 | 49 Views

'18 people living in one room'

by Staff reporter | 15 September 2019 | 84 Views

Zimbabwe stuck with expired medical drugs, says committee

by Staff reporter | 15 September 2019 | 52 Views

Mugabe: The socio-genesis, posterity of Pan-Africanism

by Richard Runyararo Mahomva | 15 September 2019 | 120 Views

Bulawayo City Council workers demand housing stands

by Staff reporter | 15 September 2019 | 42 Views

The installation of the Lozwi King at Emawabeni

by Pathisa Nyathi | 15 September 2019 | 146 Views

Graca Machel: Appreciate Mugabe's role in Zimbabwe

by Staff reporter | 15 September 2019 | 45 Views

Gukurahundi victims react to Mugabe death

by Staff reporter | 15 September 2019 | 56 Views

The other side of Mugabe

by Nqaba Matshazi | 15 September 2019 | 116 Views