Pharmaceutical Industry Begs RBZ To Put It On Priority List, Says It's Receiving Only 10 Percent Of Its Requirements

Pharmaceutical Society of Zimbabwe (PSZ) president, Sikhumbuzo Mpofu has urged the RBZ to prioritise the sector saying that it will collapse unless urgent measures are taken. Speaking in Bulawayo at a congress of physicians and pharmacists, Mpofu said,

The challenge is that the foreign currency is scarce. We are getting about 10% of our requirements. Remember a few months ago, the Reserve Bank of Zimbabwe issued a statement that they were allocating about $4 million towards the sector…What we are crying for is to get similar attention and priority like oil expressers are getting. They are getting allocation on a regular basis. Looking at the fuel industry the central bank increased the allocation without any public outcry to about 50% but for medicine, we have to fight. I’m a driver I would rather have medicine than fuel. So we need that priority.

More: NewsDay