Businesses acting against HIV/AIDS - study
Friday 25 June 2004
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AFRICA: Businesses acting against HIV/AIDS - study


[ This report does not necessarily reflect the views of the United Nations]


JOHANNESBURG, 3 June (PLUSNEWS) - Realising that HIV/AIDS would affect their bottom line over the next five years, nearly two-thirds of African businesses are now taking steps to tackle the pandemic, a survey has revealed.

The World Economic Forum (WEF) survey of 1,620 businesses showed that most were already experiencing some negative effects, ranging from increased absenteeism to higher health care costs for employees.

Kate Taylor, director of the WEF Global Health Initiative was quoted by Reuters as saying: "Core business is really being affected. Companies are seeing a rise in operating costs, medical costs and even drops in revenue because of HIV/AIDS."

UNAIDS estimates that four countries in sub-Saharan Africa will see their workforce shrink by as much as 30 percent by 2020, while another 14 will experience losses of 10 to 30 percent because of the disease.

[ENDS]

MORE NEWS BRIEFS


Recent AFRICA Reports
Morris calls for increased effort in AIDS fight, 18/Jun/04
IRIN PlusNews Weekly Issue 186, 18 June 2004, 18/Jun/04
UN welcomes G8 endorsement of HIV vaccine initiative, 14/Jun/04
Church leaders to get more involved in fighting HIV/AIDS, 14/Jun/04
NGO in HIV/AIDS sensitisation efforts, 14/Jun/04
Links
The Global Fund to fight AIDS, Tuberculosis & Malaria
AEGIS
The Global Fund to fight AIDS, Tuberculosis & Malaria
Mothers and HIV/AIDS

PlusNews does not take responsibility for info in links supplied.

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PlusNews is produced under the banner of RHAIN, the Southern African Regional HIV/AIDS Information Network. RHAIN's members currently include:

  • UNAIDS
  • IRIN
  • Inter Press Service (IPS)
  • SAfAIDS
  • PANOS
  • Health Systems Trust
  • Health & Development Networks
  • GTZ/Afronets

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