Unemployment Insurance Fund slapped with qualified audit

2019-12-02 15:32

In his audit report, Auditor General Kimi Makwetu said he could not find adequate evidence in the financial statements of the Unemployment Insurance Fund to substantiate figures related to line items including investment, impairments and unlisted instruments.

Labour minister: We'll use UIF, Compensation Fund to help beat unemployment

2019-07-10 14:27

Minister of Employment and Labour Thulas Nxesi has said his department would leverage the Unemployment insurance Fund and the Compensation Fund as agents in job preservation and skills development for the unemployed.


CCMA scrambling to prevent retrenchments amid jobs bloodbath

2019-10-14 19:15

In the annual report the Commission for Conciliation Mediation and Arbitration said it managed to prevent 15 787 retrenchments out of a possible 38 588 during the 2018/19 financial year.

Bill to aid retrenched workers gets one step closer

2016-05-19 12:29

The Unemployment Insurance Act amendment bill, widely supported as a safety net for those who lose their jobs, has been passed in the National Assembly.

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