B4SA against halting of TERS funding

Business lobby group Business for South Africa says its learnt government will not extend the Temporary Employer/Employee Relief Scheme to cover applications beyond mid September. The scheme was introduced in March to help employers in distress provide wage benefits to employees via the Unemployment Insurance Fund. It was one of the main components of President Cyril Ramaphosa’s R500bn COVID-19 relief package. Robert Legh from B4SA speaks to Devan Murugan on this. Courtesy #DStv403