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RED CARD

20th October 2023

By: Darlene Creamer

     

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RED CARD: The Unemployment Insurance Fund (UIF), which is meant to support workers who lose their jobs, stands accused of serious foul play, with organised business and labour having both called for the fund to be placed under immediate administration. Besides alleged operational dysfunction, there is also deep unhappiness over the UIF’s decision to invest R5-billion in a well-connected company, Thuja Capital, which was hastily registered days before the award to pursue an “untested concept” to create jobs.

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