The Impact Of Hiv/Aids On Companies And In Particular Transnet

2768 words - 11 pages

SYNDICATE 2Kribashin CoopooDixie SambokweLeon Seale WB001135Raden van Jaarsveld WB001139ContentsIntroduction p 3The Business impact of HIV/AIDS p 5Macroeconomic impact p 5Business level impact p 6Declining productivity p 7Increased cost p 83. Transnet's response to HIV/AIDS p 10Addressing core business operations p 10Business partners p 11Community involvement p 11Advocacy and leadership p 124. Conclusion p 135. Reference p15INTRODUCTIONAround the world, businesses have heightened their response to the spread of HIV/AIDS. Businesses are recognizing the impact that the virus is having in terms of the human, financial and social costs to its operations and host communities. Even in countries where the virus has a low prevalence level, early action is essential to avoid serious impacts on economic activity and future markets. The way organizations and people are responding to the protection of their workforces, community outreach and philanthropy is evidence that the situation regarding HIV/AIDS is serious. Moreover, these efforts have not been undertaken in isolation but with the development of partnership on HIV prevention, education and care, between business, the public sector and non-governmental organizations.The Human Immunodeficiency Virus (HIV), which causes AIDS, was first identified in 1983. Since then, HIV has spread around the world, causing one of the most severe global epidemics of modern time. The initial response was manifested itself in many different ways, from action to protect workforces, to community outreach and philanthropy. Increasingly, the private sector is becoming aware of the impact that HIV/AIDS is having on its workforce, production systems, markets and the local communities in which it operates.The economic and human consequences of the spread of HIV/AIDS around the world are much more evident in countries where HIV has been present the longest and where the epidemic is at its highest levels. For many businesses the impact of HIV/AIDS is already severely constraining their ability to be competitive, while for others the potential risks are significant in both high and low HIV/AIDS prevalence regions.The percentage people affected with HIV/AIDS lives in developing countries, where the average live expectancy with drastically decline. Figure 1 shows the percentage of South African's workforce affected.Figure 1. Percentages of workforce affected by HIV/AIDSAs can been seen from figure 2, HIV/AIDS has impacted on different regions of the world at very different levels. Sub-Saharan Africa is the worst affected region, constituting 70 % of the people living with HIV/AIDS in the world and 85% of the estimated deaths due to HIV/AIDS since the beginning of the epidemic.Figure 2. Adults and children estimated to be living with HIV/AIDSThe Business impact of HIV/AIDSMacroeconomic ImpactIt's difficult to accurately predict the impact of HIV/AIDS on Transnet, but there has been a considerable amount of analysis already undertaken...

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