R30bn UIF support ready for claims

The UIF says it has R30 billion available in immediately accessible funds tragetting formal employees who have lost income as a result of the lockdown. Courtesy #DStv403

JOHANNESBURG - The Unemployment Insurance Fund says it has R30 billion set aside for formal employees who have lost income over the lockdown period.

Robert Legh from Business SA says employees have started to apply.

READ: Coronavirus threatens nearly 20 million African jobs: study

Employees can apply for relief from R 3,500 up to R6,700 a month.

"We are assured by the UIF that they are ready to start processing claims," Legh said.

"The reality is that as of yesterday, some 10,000 claims had already been made."

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Source
eNCA