UIF embroiled in R800m funding scandal
State-owned fund approved bailout for mining company despite internal concerns
04 May 2025 - 00:00
The embattled Unemployment Insurance Fund (UIF) has been caught up in a funding scandal after approving a bailout of more than R800m for a mining company despite internal misgivings about whether it was deserved...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
There’s never been a more important time to support independent media.
From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.
For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.
Already subscribed? Sign in below.
Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.