Today's Labour News

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cosatuNews24 reports that labour federation Cosatu said on Monday that it would reject the proposed ring-fencing of R50bn from the Unemployment Insurance Fund (UIF) for technical and vocational education and training (TVET) colleges.  

The Fees Commission that investigated the feasibility of free tertiary education has recommended that surplus money from the UIF be used to fund infrastructure development at TVET colleges.  Should President Jacob Zuma adopt the recommendations as they stand, the use of UIF funds would have to be tabled at the National Economic Development and Labour Council (Nedlac).  Cosatu said it would oppose the recommendation there.  It added that, while it supported free education in principle, government must "stay away from workers' money".  Spokesperson Sizwe Pamla said:  "Government must go find the money somewhere else.  There are billions of rands from the fiscus that are misappropriated, why doesn't government go after that money?”  Reports in 2016 indicated that the UIF had a surplus of almost R99bn.

  • Read this report by Mahlatse Mahlase in full at News24
  • See too, Fees Commission: TVET colleges could be biggest winners, at News24

Get other news reports at the SA Labour News home page