Any further extensions of Ters payments will impede the UIF’s ability to pay normal claims for unemployment and parental leave
The fund – the main safety net for unemployed workers – will run at an almost R20-billion deficit
Last year, the finance minister noted that increased government spending has failed to promote growth over the past decade
The president moved pretty fast to shut down the boozers, but he’s dragging his heels when it comes to sorting out the UIF