Legal updates and opinions
News / News
Update: COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”) Extension
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney
On 7 September 2020 the Minister of Employment and Labour, Thembelani Waltermade Nxesi, (“Minister“) published a COVID-19 TERS Direction (“Direction“). The Direction extends the COVID-19 TERS benefit.
The Direction is deemed to have commenced on 16 August 2020. The Direction will remain in operation for the duration of the declaration of a national disaster or until the Minister withdraws the Direction. Our more detailed article on the Direction may be accessed at: https://werksmans.com/legal-updates-and-opinions/urgent-update-covid-19-temporary-employer-employee-relief-scheme-ters-2/.
The Direction may be accessed at: https://www.gov.za/sites/default/files/gcis_document/202009/43693gon968reg11172.pdf.
In addition, the Department of Employment and Labour (“Department“) published a statement on the extension of the TERS benefit payments (“Statement“). Key aspects of the Statement are as follows: –
- The TERS benefit has been extended to 15 September 2020;
- The Unemployment Insurance Fund (“UIF“) will accept applications for the period March 2020 to end of July 2020 until 15 September;
- The UIF will accept applications for August 2020 to 15 September until 30 October 2020; and
- No further applications will be accepted beyond the closing dates.
The full statement may be accessed at: https://www.gov.za/speeches/employment-and-labour-extends-uif-covid-19-ters-relief-benefif-payments-7-sep-2020-0000.
Latest News
Part 2: The “One-Shot” Pre-Merger Consultation in South Africa. Preparation, Risk, and the Question no-one is asking
by Ahmore Burger-Smidt, Director and Head of Regulatory Confidentiality and gun-jumping - the tension at the heart of the process [...]
Payments Revolution: what every PSP operating in South Africa needs to know right now
By Natalie Scott, Director and Head of Sustainability South Africa's payment landscape is undergoing its most significant transformation in decades. [...]
Part 1: The “One-Shot” Pre-Merger Consultation in South Africa. What it means for your Deal
by Ahmore Burger-Smidt, Director and Head of Regulatory A new procedural reality On 13 February 2026, the Competition Commission published [...]
Your SPV is an accountable institution … now what?
by Janice Geel - Associate, reviewed by Natalie Scott - Director and Head of Sustainability Special purpose vehicles ("SPVs") have [...]
Morocco’s Belated AFCON Triumph: A Legal Analysis of Articles 82, 83 and 84
by Brendan Olivier, Director and Daniel Gewer, Associate Introduction The dust had barely settled on the chaotic scenes witnessed during [...]
The End of an Era? Key Considerations arising from the South African Reserve Banks’ Consultation Paper on the Cessation of the Prime Lending Rate
by Janice Geel, Associate, reviewed by Natalie Scott, Director and Head of Sustainability In February 2026, the South African Reserve [...]
