Poging GOUD - Vrij
Labour minister confirms R382 million UIF lifeline
Cape Argus
|May 20, 2025
THE Minister of Employment and Labour, Nomakhosazana Meth, has confirmed the implementation of a new agreement between the South African Post Office (SAPO) and the Unemployment Insurance Fund (UIF), aimed at preserving nearly 6000 jobs and supporting the recovery of one of South Africa's most critical state-owned entities.
Through the Temporary Employer-Employee Relief Scheme (TERS), the UIF will inject over R382 million into SAPO over six months. The funds will provide immediate financial relief to 5956 employees while enabling SAPO to implement a long-term turnaround strategy.
"This is a bold and necessary step to protect workers and restore confidence in our public institutions," said Meth.
"The TERS programme is not just a financial mechanism - it is a strategic tool to stabilise employment, support economic recovery and ensure that no worker is left behind."
Funds will be disbursed in monthly tranches through a dedicated TERS bank account.
Dit verhaal komt uit de May 20, 2025-editie van Cape Argus.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Cape Argus
Cape Argus
What it takes to teach through trauma
AT A KENSINGTON primary school, the arithmetic is the easy part.
4 mins
December 15, 2025
Cape Argus
Demand for parliamentary leadership in NDPP appointments
CALLS have been made for the appointment of the National Director of Public Prosecutions (NDPP) to be undertaken by Parliament rather than the executive.
2 mins
December 15, 2025
Cape Argus
Chile picks new presidential candidate
CHILEANS were to elect a new president yesterday, facing a stark choice between the most right-wing candidate in 35 years of democracy and the head of a broad leftist coalition.
2 mins
December 15, 2025
Cape Argus
Maresca admits ‘worst 48 hours’ despite Blues win
ENZO Maresca said he had suffered his \"worst 48 hours\" since joining Chelsea after a 2-0 win at home to Everton on Saturday, lamenting a lack of support.
1 mins
December 15, 2025
Cape Argus
QUICK READ
'LIKE SKIING'
1 min
December 15, 2025
Cape Argus
Cachalia hints at declassification of IPID report on Phala Phala
ACTING Police Minister Firoz Cachalia has hinted at the possibility of declassifying the Independent Police Investigative Directorate (IPID) report on the conduct of members of the Presidential Protection Unit in the controversial investigation into the theft at President Cyril Ramaphosa's Phala Phala farm.
2 mins
December 15, 2025
Cape Argus
100 000 PATIENTS CAUGHT IN WC SURGERY BACKLOG CRISIS
Elderly woman's family appeals for help
3 mins
December 15, 2025
Cape Argus
Five-minute lapse costs Lions in bitter Challenge Cup defeat to Newcastle
LIONS coach Ivan van Rooyen says his players are devastated not to have come away with a win in Saturday's EPCR Challenge Cup round two match against Newcastle Red Bulls, pointing to a five-minute spell before halftime that could have swung the contest their way.
2 mins
December 15, 2025
Cape Argus
Beard Club lends a helping hand to Garden Route SPCA
ANIMAL welfare organisations are more than buildings with cages; they are the last line of defence for thousands of animals who have nowhere else to go.
2 mins
December 15, 2025
Cape Argus
Williams backed to lead Bafana at AFCON with strong support
BAFANA Bafana’s leadership and goalkeeping departments are in safe hands with Ronwen Williams, but the national team captain cannot do it alone.
2 mins
December 15, 2025
Listen
Translate
Change font size