Legal updates and opinions
News / News
Urgent update: COVID-19 Temporary Employer / Employee Relief Scheme (“TERS”)
by Jacques van Wyk, Director; Andre van Heerden, Senior Associate; and Thabisa Yantolo, Candidate Attorney
The Unemployment Insurance Fund (“UIF“) are accepting June Covid-19 TERS applications on their online portal. The online portal may be accessed at: https://uifecc.labour.gov.za/covid19/. The online portal provides new login rules which are aimed at preventing issues for users logging into the portal.
On 14 July, the Department of Employment and Labour published a statement in which the UIF announced that they have introduced new measures for account verification in order to eliminate fraud. These measures include a new rule that requires applicants on the TERS online portal to insert either the Enterprise number (CK/CIPC) or the ID number of the bank account holder. The purpose of this new rule is to further verify the banking details against the authorised claimant. The UIF Commissioner stated that they expect that the upfront account verification and validation prior to payment will increase the turnaround time by two days.
The full published statement may be accessed at: https://www.gov.za/speeches/employment-and-labour-measures-bank-account-verification-eliminate-fraud-14-jul-2020-0000.
Latest News
The coming of crypto arbitration
Cryptocurrency and cryptoasset-related (crypto) disputes are on the rise globally.[1] Arbitration is becoming the dispute-resolution mechanism of choice in the [...]
You cannot have your cake and eat it: Lessons from J 1233/20 – Busisiwe Khumalo vs IDC of SA & Bongani Luthuli
The facts of this case are simple and straightforward. Ms Khumalo was employed by the IDC. Allegations of misconduct were [...]
The importance of placing of a complete record of the arbitration proceedings – the transcript of the arbitration proceedings
On 10 October 2023, we published our article titled "the importance of a complete record of arbitration proceedings" in a [...]
Restoring a financial distressed company to solvency – is it achievable in corporate South Africa?
With continued unpredictable loadshedding schedules, a logistics crisis at our ports costing the South African economy R100 million per day, [...]
Five tips to optimise your first consultation with an attorney
by Ngwalemorwa Matsapola, Candidate Attorney. Reviewed by Naledi Motsiri, Director. Consulting with an attorney for the first time can be [...]
The future paradigm for insolvency
Unpacking the impact of distressed corporates, economic uncertainty and director apathy on insolvency practitioners in South Africa. Dr Eric Levenstein [...]
