News24 reports that the Unemployment Insurance Fund (UIF) amendment bill is one step closer to becoming a reality after it was passed in the National Assembly on Thursday.
The bill, which was introduced by Labour Minister Mildred Oliphant, was widely supported as a safety net for those who lose their jobs. The new act will extend the period during which unemployment insurance is paid out to workers who have lost their jobs from 8 to 12 months. In addition, unemployment insurance benefits will also apply to learners and civil servants who are undergoing learnership training. The bill will now be sent to the National Council of Provinces for concurrence.
- Read this report by Thulani Gqirana in full at Fin24
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