Labour federation Cosatu expressed its satisfaction with the government’s Disaster Relief Package. Their remarks come after Finance Minister Tito Mboweni provided details on the R38.65 billion fund.
The package will see businesses impacted by recent looting and violence receive relief, the reinstatement of the R350 Social Relief of Distress Grant, an extension of the Unemployment Insurance Fund (UIF) TERS among others.
Cosatu spokesperson Siswe Pamla says the intentions of this social and economic intervention are in line with the federation’s criteria. However, Pamla noted that while all is good in theory, Cosatu will closely monitor the effectiveness and implementation of the relief package.