Citizen reporter
2 minute read
12 Feb 2021
3:32 pm

Tourism and liquor sectors likely to benefit from Covid-19 Ters extension

Citizen reporter

The fund has so far paid close to R60 billion since March last year and this has been done in 13 million repeated payments.

The Unemployment Insurance Fund has been beset with a plethora of fraud allegations and complaints from clients and companies since the inception of the Covid-19 Ters relief scheme. Picture: Tracy Lee Stark

Ramaphosa said in his State of the Nation Address (Sona) that the UIF would be extending the Covid-19 TERS benefits from 16 October 2020 to 15 March 2021. He said this would be for sectors that had not been able to operate as the country remained under the adjusted alert level 3 lockdown.

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In a statement on Friday, UIF spokesperson Makhosonke Buthelezi said the granular details about who the extension would be applied to, would be discussed and finalised by social partners at the National Economic Development and Labour Council (Nedlac).

Buthelezi said it was envisaged that tourism, hospitality, the liquor industry and related sectors would receive the Ters benefits.

“The UIF will announce the opening of the system for the new period once the work to configure its systems is complete, and provide guidelines to assist users with the application process,” he said.

Buthelezi also said the UIF would continue to process and pay valid outstanding claims that were already in the system. The fund has so far paid close to R60 billion since March last year and this had been done in 13 million repeated payments. The initial budget was R40 billion.

“The fund continuously reprocesses claims already in the system so that those that have been corrected and have passed validations can be paid when payment reruns are conducted.”

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