UIF pays out R3bn
29 April 2020
By Jackie Cameron
The Unemployment Insurance Fund (UIF) has paid out just over R3.3 billion to people whose work and income have been affected by the coronavirus pandemic. The fund has processed more than half the 103,000 applications that it has received from employers on behalf of about 1.75 million employees. About 10,000 applications could not be processed due to errors and the affected companies have been notified to correct their applications and resubmit, reports Bloomberg.
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