21 April 2020 – Established fund to protect and create jobs

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

Overview: The Government of South Africa announced that as part of the second phase of economic response to the virus an additional R100 billion will be set aside for the protection of jobs and to create jobs.

R40 billion has been set aside for income support payments for workers who are not able to pay their wages.
Full details here: https://www.gov.za/speeches/president-cyril-ramaphosa-additional-coronavirus-covid-19-economic-and-social-relief