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UIF has paid R11 billion already says Ramaphosa

Town Press by Town Press
May 14, 2020
in Community
Reading Time: 1 min read
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South Africa VAT hike tests central bank’s hawkish stance
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President Cyril Ramaphosa says R11 billion has already been paid out from the Unemployment Insurance Fund (UIF) relief fund to two million workers.

Addressing the nation from Pretoria, the President also announced that consultations will take place to move some parts of the country to alert level-three of the nationwide lockdown from the end of May.

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However; some parts of the country with a high rate of infection will remain on level-four.

Earlier, Ramaphosa had announced a R500 billion stimulus package to assist businesses, workers, and unemployed South Africans.

The President also announced that 219 people had died from COVID-19 and 12074 cases had been confirmed.

He said some three million South Africans have already applied for the COVID-19 unemployment grant of R350 over the next six months.

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