Call for overhaul of South Africa’s unemployment insurance fund after payment failures

by MMC
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South African businesses and unions have called on the government to review the $7 billion national unemployment insurance fund after the agency failed to pay thousands of claimants.

The UIF has yet to pay around 87,000 people after their temporary layoffs, according to Sanelisiwe Jantjies, acting director of Business Leadership South Africa, one of the country’s largest business associations. The number of unemployed people seeking access to funds is increasing every day, she said.

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