Following the economic downturn and immense pressure placed on businesses as a result of the worldwide Covid-19 pandemic and ensuing global lockdown, National Treasury, the South African Reserve Bank and the Banking Association of South Africa announced the launch of the Covid-19 Loan Guarantee Scheme...
Chantel van Zyl and Penjani Mseteka 16 Sep 2020
The Minister of Employment and Labour has announced the extension of the Covid-19 Temporary Employer-Employee Relief Scheme (TERS) benefits until the end of the national state of disaster...
Joon Chong and Shane Johnson 15 Sep 2020
The Unemployment Insurance Fund (UIF), working with the Department of Employment and Labour, has temporarily halted payments for the Covid-19 TERS relief benefits, until it addresses the system control concerns recently raised by the Auditor-General...
11 Sep 2020
Law enforcement agencies are working together to probe the breaches of the Covid-19 Temporary Employee/Employer Relief Scheme (TERS)...
3 Sep 2020
The Minister of Employment and Labour, Thulas Nxesi, on Wednesday suspended the Unemployment Insurance Fund (UIF) Commissioner Teboho Maruping...
2 Sep 2020
Accountants are reinventing themselves. The Covid-19 pandemic has accelerated this process of renewal, convincing even the most traditional-style accountants that the time to adapt is now
1 Sep 2020
The Unemployment Insurance Fund (UIF) has resumed payments for the Covid-19 temporary employee/employer relief scheme (TERS) after it was suspended...
27 Aug 2020
The Unemployment Insurance Fund (UIF) is to continue processing Covid-19 temporary employee/employer relief scheme (TERS) new claims for April and May until a cut-off date is announced...
4 Aug 2020
Employment and Labour Deputy Minister Boitumelo Booi says the Covid-19 Temporary Employers/ Employee Relief Fund, set up to help those who found themselves out of work due to lockdown, will be extended to August...
21 Jul 2020
The Unemployment Insurance Fund (UIF) has undertaken to pay all valid claims which were not paid, as it begins to wind down the massive campaign of supporting workers through the worst effects of the coronavirus pandemic.
20 Jul 2020
A spate of government investigations into Covid-19 relief applications in South Africa mirrors a similar trend in governments across the world, as they seek to mitigate increasing instances of relief scheme fraud...
Darryl Bernstein and Johan Botes 15 Jul 2020
In an effort to eliminate the risk of criminals exploiting the Covid-19 Temporary Employee Relief Scheme, the Unemployment Insurance Fund (UIF) has introduced new stringent controls to verify banking details of recipients...
14 Jul 2020
With corporate attention turning to resuming operations in a new normal following the easing of lockdown restrictions, it is important not to neglect employees' well-being. Nicol Myburgh, Head of the HCM Business Unit at CRS Technologies, believes this transition is a critical time to reinforce the company's commitment to addressing the physical, psychological, and financial concerns of staff...
7 Jul 2020
Even though we are starting to see light at the end of the pandemic tunnel, we still have a long way to go before life can return to a pre-Covid-19 type of normality, with many questioning if it will ever fully return. From a business point of view, we can draw insight from the CEOs of 2020's Fortune 500 list of companies...
/The Unemployment Insurance Fund (UIF) has confirmed it will continue to accept and process Covid-19 TERS claims submitted for April, May and June...
2 Jul 2020
With the easing of the nationwide lockdown in response to the Covid-19 pandemic through the Government's "Risk Adjusted Strategy" (comprising of five lockdown levels), more and more business can lawfully operate again. The unfortunate reality, however, is that environment within which businesses will now operate is vastly different to that which existed prior to the lockdown...
Jacques van Wyk, Andre van Heerden and Michiel Heyns 26 Jun 2020
Amid analogies about his trademark aloe ferox and a hippo's gaping jaws, Finance Minister Tito Mboweni delivered a bleak supplementary budget that was a little light on detail...
25 Jun 2020
On 4 June 2020, Government repealed the Covid-19 Occupational Health and Safety Measures in Workplaces (OHS Directive) and replaced it with the Consolidated Covid-19 Direction on Health and Safety in the Workplace (the Consolidated Directive) which, while largely similar to the former OHS Directive, is materially different in certain respects...
Jaime Myhill 18 Jun 2020
As the UIF begins to follow the trail of the money that has been disbursed since lockdown, Employment and Labour Minister has appealed to companies to declare workers who still need to be paid...
17 Jun 2020
The issue of when an employer should explore alternatives to retrenchment has never been more relevant than now, as businesses begin to respond to the impacts of Covid-19 on their operations...
Johan Botes 15 Jun 2020
The Unemployment Insurance Fund (UIF) has apologised for the freak break in its network, which has affected plans to capture the May applications for the Covid-19 Temporary Employer/Employee Relief Scheme (TERS)...
28 May 2020
The Unemployment Insurance Fund (UIF) has disbursed almost R9.5 billion through the Covid-19 Temporary Employer/Employee Relief Scheme (TERS).
8 May 2020
Government has dispersed R3.3 billion in Unemployment Insurance Fund (UIF) claim benefits submitted by 1.75 million workers - as relief for the economic impact of the Covid-19 pandemic...
29 Apr 2020
A total of 606,462 employees who have lost their income as a result of the lockdown imposed to mitigate against the spread of Covid-19 will receive their benefit from the Unemployment Insurance Fund (UIF)...
21 Apr 2020
Regulations giving effect to the government's commitment to assist ailing industries and workers through the Unemployment Insurance Fund are being gazetted...
Tania Broughton 8 Apr 2020
With the implementation of the national lockdown by President Cyril Ramaphosa on 26 March, there has been understandable confusion...
Shane Johnson and Samantha Robb 8 Apr 2020
"Without trucks, South Africa stops!" Never has this been more true than now in the time of the coronavirus pandemic...
Gavin Kelly 7 Apr 2020
With South African businesses facing an unprecedented crisis, many are worried about whether they will be able to afford to pay their employees...
Yolandi Esterhuizen 26 Mar 2020