Unemployment Insurance Fund (UIF) Commissioner Boas Seruwe says he is pleased with the financial standing of the fund, with payments of up to R5.7 billion having been made to beneficiaries in the 2013/14 financial year. "The fund has built an asset base valued at R102 billion and has over the past five successive years posted clean audits. We do not think the fund will in the foreseeable future will go and ask government for bail out," Seruwe said at 4th Annual UIF Seminar held in Pretoria on … [Read more...] about UIF on sound footing

