DA proposal on UIF reprieve approved – more economic support needed after restaurant restrictions
19 March 2020
The Democratic Alliance (DA) welcomes the government’s positive response to one of our proposals, allowing businesses to skip Unemployment Insurance Fund (UIF) payments for the coming months, and expanding UIF coverage to better protect affected workers.
Small and medium enterprises pay tens of thousands of rands to the UIF and this reprieve will be valuable cash flow support for these businesses during this crisis.
Even so, South Africa still needs a comprehensive economic support package that will lessen the economic devastation that this virus will inflict on businesses.
The new disaster management regulations that limit restaurant trading hours and customer numbers will have a truly devastating impact on jobs in this industry.