Zimbabwe Pharmaceuticals & Healthcare Report Q1 2014 - New Market Report

From: Fast Market Research, Inc.
Published: Thu Jan 09 2014

Key BMI Forecasts

* Rental rates across the office sector will remain stable for 2014.
* Rental rates in the Cape Town retail sector will increase by 5%, with rates in Johannesburg and Durban remaining stable.
* Rental rates in the Johannesburg industrial sector will increase by 5%, with rates in Cape Town and Durban remaining the same.
* Net yields will maintain their 2013 levels into 2014.

Also in October, the Masvingo General Hospital reported a shortfall of certain critical drugs, according to Masvingo provincial medical director, Robert Mudyiradima. Mudyiradima confirmed that the problem was caused by NatPharm, who had stopped supplies to the hospital due to long-standing debt. The situation resulted in compromising health delivery to patients who rely on the institution, and forced them to visit private pharmacies and clinics.

Full Report Details at
- http://www.fastmr.com/prod/754701_zimbabwe_pharmaceuticals_healthcare_report_q1.aspx?afid=301

Economic View: We retain our view that the Zimbabwean economy will grow by only 3.4% in 2014, as much-needed foreign investment will continue to be constrained by investor wariness over government policy. The risks are tilted to the upside as the economy will grow rapidly if authorities are able to attract more investment than we currently anticipate. Meanwhile, any premature return to a domestic currency presents the biggest downside risk.

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Contact Name: Bill Thompson
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