UIF crackdown on companies in South Africa

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 61%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The UIF is looking to crack down on non-compliant businesses, recovering over R100 million from those failing to pay contributions.

As South Africa’s unemployment rate continues to tick higher, the Unemployment Insurance Fund is looking to crack down on non-compliant companies.The UIF is designed to give short-term financial relief to workers when they become unemployed or are unable to work because of maternity, adoption and parental leave, or illness. It also provides relief to the dependants of a deceased contributor.

Between April and June 2024, an estimated 158,000 people lost their jobs, bringing the number of unemployed to 8.4 million – or 33.5%. Maruping said that while the UIF “has the funds for the people that are contributing,” it will likely not be able to stomach the increasing dependents as a result of South Africa’s worsening unemployment.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 24. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

South Africa: Chinese E-Commerce Companies Popular in South AfricaRotondwa Mbadaliga is a self-professed 'shopping addict.' The 25-year-old South African fashion influencer says she is a huge fan of Chinese-linked e-commerce companies Shein and Temu because she can get the latest trends at the cheapest prices delivered straight to her door.
Sumber: allafrica - 🏆 1. / 99 Baca lebih lajut »