Employment and Labour Deputy Minister Boitumelo Moloi confirmed on Wednesday that R23 million of R104 million received by Productivity SA had already been disbursed to various small and medium-sized enterprises .
“The scheme may provide for turnaround strategies, layoffs, restraining or alternative employment opportunities,” she said. It was also announced by the deputy minister that the Covid-19 Temporary Employer/Employee Relief Scheme would be“Following due diligence and consultation with the UIF actuaries, and in line with the president’s decision to extend the life of the [national state of disaster in terms of the] Disaster Management Act until August 15, we have taken the decision to similarly extend the Covid-19 Ters benefit until August 15, 2020.
About 17 million people were employed in February 2020, but by April 2020 it had dropped to 14 million., which is the highest rate ever recorded.
Source: News Formal (newsformal.com)
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