Vaccine status checks and price hikes as Sanlam manages huge Covid bill, limits virus-related losses

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Vaccine status checks and price hikes as Sanlam manages huge Covid bill, limits virus-related losses
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The rate of rollout of vaccinations has a significant bearing on the prospects for SA's economic recovery, says the group.

Sanlam said the near-term economic outlook in SA deteriorated with the onset of the third wave of Covid-19 and the civil unrest in Gauteng and KwaZulu-Natal that resulted in loss of lives, livelihoods and damage to property.

The rate of rollout of vaccinations also has a significant bearing on the prospects for SA's economic recovery, said the group. Sanlam has identified several initiatives aimed at limiting the future impact of Covid-19 on future mortality losses in its operations. These include:

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