Business Day is right in saying the Unemployment Insurance Fund (UIF) faces the biggest challenge of its existence in responding to the coronavirus pandemic (“The UIF faces the biggest challenge of its existence”, April 14).

According to the UIF, so far 27,000 businesses have applied for the Covid-19 Temporary Employer/Employee Relief Scheme (Ters) benefit. This is far below your newspaper’s estimated figure of 1-million applications that are likely to be submitted. Meanwhile, no money has yet been paid out...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.