The July unrest has had a devastating impact on South Africa. The eight days of unrest and looting left more than 300 people dead and cost the economy billions.
COSATU has called on the Sasria and Unemployment Insurance Fund (UIF) to speed up the processing and payment of July unrest related claims.
While acknowledging that the government has made progress by distributing R32.9 billion through the various relief measures provided for victims. The trade union has criticised the delays in payments to workers.
They described the UIF’s system as archaic as it prevents the workers from getting their money. COSATU also called on the Minister of Labour to attend to the matter urgently.
"We also call on the government to intervene and make sure that SASRIA provides relief to all companies including the small ones that are being left behind for some bureaucratic reasons" added COSATU.
The unrest prompted the Unemployment Insurance Fund (UIF) to introduce the Workers Affected By Unrest (WABU) scheme. The UIF reported that 500 employers applied for relief.
So far, the UIF disbursed R6.4 million to just over 1 400 workers that were affected by the July 2021 unrest in Gauteng and KwaZulu-Natal.
At the beginning of October, the South African Special Risk Insurance Association (Sasria) had already paid out R5.8 billion in insurance claims related to the unrest.
Finance Minister Enoch Godongwa recently announced that the National Treasury will avail R2.3 billion to help rebuild businesses after the impact of the unrest. He said that they are currently looking at ways to include small businesses in the relief efforts.
“We are working closely with the South African Reserve Bank, the Banking Association of South Africa and other stakeholders to finalise this proposal. Further details will be announced shortly,” said Godongwana.