B4SA welcomes TERS extension

Business for South Africa (B4SA) has welcomed Labour Minister Thulas Nxesi’s decision to further extend the Temporary Employer/Employee Relief Scheme (TERS), operated by the Unemployment Insurance Fund (UIF), to September 15. Earlier in September, Nxesi said that with the lockdown for some industries extended to September 15, it made sense for the UIF to continue to shield workers from the worst effects of the pandemic by extending the relief payments which have placed much-needed cash into the hands of ordinary workers in this country.

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