Consumer price index

Medicine price rise topped at 6,5%

Health Minister Manto Tshabalala-Msimang has approved a 6,5% maximum increase on prices of medicines, announced in a Government Gazette published last week. The earliest that consumers will see price hikes will be at the beginning of May, 16 months after the last round of price increases.

New medicine-pricing index launched

CAPE TOWN - Medical aid claims processor Medikredit has launched a new medicine-pricing index, which it says will help medical aid schemes to manage their drug costs.