Business Buzz - UIF continuation

We talk to Zanele Kunene from BDO Wealth Advisors on The Business Wrap who gives us more insight on the latest business news. The Buffalo Index looks at what your R100 can get to make you comfortable if a queue for alcohol becomes a reality in life.

On the main topic we delve into Part 2 of our Unemployment Insurance Fund (UIF) discussion. We’re unpacking the UIF and Covid-19 TERS, to see what they are about from different points of view.

To help us navigate this topic, today we speak to Robert Legh, Head of the Labour workstream at Business 4 South Africa, a federation that includes Business Unity SA and the Black Business Council. Legh, who is also the chairman of Bowmans, tells about the development of TERS. We hear from Tsietsi Mohale, who’s been raising awareness about UIF payments on social media. The show ends with us talking to Phakamile-Hlubi Majola, a spokesperson for the National Union of Metal Workers of South Africa (NUMSA) who gives labour’s view on the matter, as well as considerations around labour policy during this time.