South Africa’s economic recovery, which outperformed forecasts by the International Monetary Fund (IMF), is in danger of regressing as a second wave of the Covid-19 virus − fueled by Christmas socialising and travel − and the planned termination of two large relief programmes hit the country. The planned effective termination of the Unemployment Insurance Fund (UIF) Temporary Employer/Employee Relief Scheme and the Covid-19 Special Grant is planned for January 2021.
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