KZNEIA Member’s News
The Covid-19 loan guarantee scheme announced by President Ramaphosa in April will operate from 12 May 2020. The initial set of participating banks (Absa, First National Bank, Investec, Mercantile Bank, Nedbank and Standard Bank) are ready to accept loan applications...
Good Day All, News just in: KZN Premier has confirmed that eThekwini will indeed experience the downgrade to Level 4, effective 1 May 2020. With this in mind, please find below the provisions of Level 4 per the official Government site as at 29 April 2020; 10:00. A...
MANY RESTRICTIONS TO REMAIN IN PLACE AS SA MOVES FROM LEVEL FIVE TO LEVEL FOUR (Acknowledgement and source: Business Day, 24 April 2020) The Covid-19 national lockdown will ease slightly from Friday, 1 May. Some businesses will reopen under strict conditions, but many...
There has been some uncertainty regarding whether TERS benefits will qualify for an exemption from income tax. The South African Revenue Service (SARS) has confirmed that TERS benefits are payable in terms of the Unemployment Insurance Act and thus exempt from income...
Good Day All, We have finally received the documentation related to TERS Claims via the MEIBC. Please go through the Industry Circular No. 2020-2 in detail and do not hesitate to contact us should you have any queries. Per the circular, there remains a provision for...
Step 1: Key Documents required Letter of Authority, on an official company letterhead granting permission to an individual specified to lodge a claim on behalf of the company MOA (completion of the agreement between UIF, Bargaining Council and Employer) ; only...
The details below have been adapted from information provided by dependable sources from the Dti. Essential Service Companies The FINAL LOCKDOWN REGULATIONS which categorizes essential services and goods (check annexure B page 10), on the understanding of essential...