South African govt supports workers affected by lockdown with $765mln
Wednesday, 20 May 2020 12:40
The Unemployment Insurance Fund (UIF), an entity of the South African employment ministry, announced the disbursement of R14.079 billion (about $765 million) to support workers affected by the lockdown measure ordered by the government to contain the coronavirus pandemic.
According to Teboho Maruping (pictured), the UIF Commissioner, the aid has benefited a total of 2,551,236 workers since April 16. South Africa is one of the most affected countries on the continent with 16,433 confirmed cases, 7,298 recovered patients, and 286 deaths.
On April 21, President Cyril Ramaphosa announced an additional response plan of $26 billion (about 10% of the country’s GDP) to deal with the economic and social impacts of the pandemic.
Borgia Kobri
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Rwanda trade deficit narrows 12.5% in Q2 2025 as imports, exports fall
20:42
-
Mali rolls out new digital tools to modernize public administration
20:14
-
Orion seeks $200 mln to kickstart South Africa’s Prieska copper-zinc mine
20:00
-
BW Energy reshuffles leadership, keeps Africa core to growth strategy
19:44
-
Cabrel Dji brings digital innovation to traditional tontines in Cameroon
18:08
-
Cameroon: Sodecoton Partners Onacc to Combat Climate Change Losses
17:33
-
Norwegian Scatec Consolidates Cameroon Solar Dominance with Second CFA25 Billion Investment
16:39
-
Cameroon Navigates Inflation: 2018-2025 Economic Overview
16:12
-
CAF to launch “Yalla” app for AfCON 2025 tickets, Fan ID and e-Visa
13:14
-
Cameroon seeks study firm for CFA500 bln national fertilizer plant project
12:56
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that vir...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5%...
Local firms deliver digital solutions for transport, health, and territorial admin. Systems include biometric licenses, hospital records, and local...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...