DEPUTY President David Mabuza said on Thursday that the Unemployment Insurance Fund (UIF) has set aside R5.3 billion for the extension of the COVID-19 TERS coverage.
Mabuza was appearing before the National Council of Provinces (NCOP) to respond to oral questions for the first time since his return from Russia where he was receiving medical treatment.
Mabuza said the new allocation will mainly cover those who have lost their jobs due to the lockdown and recent looting and destruction of businesses.
He said government remains committed to rebuilding the economy through infrastructure investment and support to small businesses that were left destroyed in the wake of the recent civil unrest in Gauteng and KwaZulu-Natal.
Mabuza said with regards to KwaZulu-Natal, the office of the Premier has advised the Presidency that over 3 000 businesses, including facilities, were looted, vandalised and burn, resulting in more than R15 billion of damage of
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