Latest news with #UnemploymentInsuranceFund
Daily Maverick
21-05-2025
- Business
- Daily Maverick
Where your tax money goes — how the state spends every R100
Ever wonder where your taxes are going? Budget 3.0 lays it bare: For every R100 spent, about R13 goes to basic education, R12 to social protection and more than R16 vanishes into debt service costs. Meanwhile, just cents trickle towards arts, job creation and innovation. Some of these expenditure categories seem a bit vague. Let's break them down: Social security funds refers specifically to financial reserves and schemes like the Unemployment Insurance Fund (UIF), and the Compensation Fund, which provide temporary relief of cover for specific social risks. Community development typically includes spending on housing, local amenities, and urban or rural development projects aimed at improving living conditions, especially in under-resourced areas. Economic regulation and infrastructure covers the funding of regulatory bodies as well as infrastructure investments in roads, railways, ports, and other public utilities. Public administration and fiscal affairs involves the National Treasury, tax collection, budgeting, auditing, and general bureaucratic oversight.
eNCA
19-05-2025
- Business
- eNCA
Post Office jobs deal now active
JOHANNESBURG - A deal between the South African Post Office and the Unemployment Insurance Fund has been announced formerly by the Minister of Employment and Labour. It's aimed at saving nearly 6,000 jobs and revitalising one of the country's most critical state owned entities. Through the Temporary Employer-Employee Relief Scheme the UIF will inject over R381 million into the post office over six months. This will provide relief to workers while the Post Office attempts to turn around.
Bloomberg
19-05-2025
- Business
- Bloomberg
South Africa to Give Post Office $21 Million to Save 6,000 Jobs
South Africa's Unemployment Insurance Fund will give the Post Office 381 million rand ($21 million) to prevent the loss of about 6,000 jobs. The UIF will pay the funds over six months through the so-called temporary employer-employee relief scheme, the government said in a statement Monday.
TimesLIVE
19-05-2025
- Business
- TimesLIVE
SA Post Office to get R381m from UIF, says minister Nomakhosazana Meth
The Unemployment Insurance Fund will inject R381m into the SA Post Office (Sapo), says minister of employment and labour Nomakhosazana Meth. This will be done via the temporary employer-employee relief scheme over six months. She said the intervention is designed to provide immediate financial relief to 5,956 employees while "enabling Sapo to implement a sustainable turnaround strategy". The state-run postal service was placed under business rescue in 2023, with millions owed to creditors.
Daily Maverick
14-05-2025
- Politics
- Daily Maverick
‘You don't see us' — Cape farmworkers voice grievances about labour inspectors
Farmworkers from across the Boland and Koue Bokkeveld trotted out a litany of complaints against labour inspectors, who are meant to keep tabs on their working conditions. 'Our people sit here and die, while you earn your salary,' said activist Linda van Neel when farmworkers relayed their experiences of navigating the labour rights sector, struggling to access Unemployment Insurance Fund (UIF) benefits, the blocking of access to labour offices, and labour inspectors only speaking to employers, not employees, during site visits. On Tuesday, activists and farmworkers gathered at Cape Town's Community House to lay bare their frustrations. The farmworkers and activists from De Doorns, Paarl, Ceres, Wellington and Stellenbosch spoke about their experiences in the agricultural sector, which, according to Western Cape Premier Alan Winde, employs more than 200,000 people. Surrounded by women and young people in red 'Women on Farms' T-shirts, Van Neel looked at David Esau, provincial chief inspector at the Department of Employment and Labour, and said, 'You gave us your number, but you don't pick up,' referring to unanswered calls for help. The farmworkers, many of them now activists via training programmes with Women on Farms, spoke extensively about one of their major concerns: labour inspectors only speaking to employers and not farmworkers during site inspections. Esau had told the crowd that one of the reasons for this was that when one of the 280 inspectors went to a farm, they had to find out whether there was a workers' union or an employees' forum and speak to the members. The farmworkers were unhappy with this. Nicolene McGee from Paarl shouted, 'You don't see us, you go to the farmhouse and enjoy coffee on the stoep with nice scones and jam.' After Esau told the audience that they needed to organise into worker forums so that inspectors could speak to them during farm inspections, Van Neel asked him why the same issues kept cropping up, even after they had spoken to him on previous occasions. In 2021, Daily Maverick reported on a similar event with Women on Farms, where the then labour minister, Thulas Nxesi, said his department needed to get its house in order in terms of access to labour centres for farmworkers. On Tuesday, Van Neel told Esau: 'Our people sit here and die while you earn your salary.' Sarie Smit from De Doorns said, 'It is heartbreaking what happens to us in De Doorns — you can't walk past [the labour office] without someone asking for half a loaf of bread.' She said that people often used their last money to get to the labour office so they could get assistance with UIF claims. Some slept outside the labour office to ensure they would be helped the following day. Other problems included being told, 'The system is offline' when they tried to access the office, and security guards at labour offices in rural areas refusing to allow workers to enter if they did not have documents. Tony Lamati, acting director at the UIF, told the farmworkers and activists that he would take the issues raised back with him to the office. He said that even if the system was offline, 'we should be taking applications manually'. The UIF was on a hiring spree, he said, to increase staff in some sections from three to 15, and those posts would soon be advertised. Payments would be automated in a bid to prevent fraud. Denile Samuels from Women on Farms said, 'Every year, these issues are tabled … you need to handle us with dignity. You are government officials and we are paying your salaries through our taxes — we will hold you accountable.' The group marched through the Cape Town CBD to hand a memorandum to the Labour Department. Demands included:
