Talks to extend TERS-benefits on the cards

Published on


Add Smile FM on Google

Employment and Labour Minister, Thulas Nxesi says the Unemployment Insurance Fund is in talks with various stakeholders to find funds to assist those, who may have lost their jobs, due to the newly-announced level 4 lockdown restrictions.

These new restrictions, which came in effect on Monday, will effect mainly those employed in the hospitality and alcohol sectors.

Nxesi says during the pandemic the Covid-19 TERS benefit-scheme distributed R 60-billion in financial aid to laid-off workers.

Latest articles

Busy city pedestrian routes turn into an open-air gallery

   One of Cape Town's busiest pedestrian routes turns into an open-air gallery. Every weekday, approximately 30,000 pedestrians walk several surveyed routes in Cape Town,...

Things every South African needs to know about having a will

 There are many things South Africans need to know about having a will. So says Mariska Redelinghuys, the Employee Benefits and Fiduciary Specialist at...

OPINION: Annual two-pot withdrawals could cost an employee R1 million at retirement

Annual two-pot withdrawals could cost an employee R1 million at retirement. R399 600 now, or R1.01 million more later. That's the choice facing employees...