Author Archives: admin

Pensioner arrested for R4.7m Ters 'fraud'

TimesLIVE reports that the Hawks on Sunday arrested a 62-year-old man for allegedly pocketing R4.7m from the Unemployment Insurance Fund’s (UIF’s) Covid-19 Temporary Employer/Employee Relief Scheme (Ters).   Source: Latest News

Bleak outlook for SA’s unemployment rate, warns economist Mike Schüssler

Engineering News reports that economist Mike Schüssler noted during a webinar on Friday that the Covid-19 pandemic and the months of lockdown have had an immense negative impact on economies worldwide, with entire industries forced to close their doors, affecting millions of workers who either lost their income for weeks...