SA jobs emergency | Call for UIF surplus to create new jobs

JOHANNESBURG - During the Covid-19 lockdown, the UIF spent almost R60-billion of its surplus fund to help the temporarily unemployed.

READ: Busa calls for UIF to modernise

Now, the UIF is projected to have a surplus of over R100-billion by the end of the 2023/24 financial year but, there are no plans to utilise this surplus.

Economist Duma Gqubule says it should be used to grow public sector jobs.