17 March 2020 – Reduced required employer contributions to unemployment insurance fund

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Business support
Sectors Involved: Wage and income support
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Government of South Africa will allow some distressed businesses not to pay into the Unemployment Insurance Fund. This measure aims to keep operating costs low for businesses so that workers are not laid off.
Full details here: https://www.gov.za/speeches/companies-facing-distress-17-mar-2020-0000