Streaming issues? Report here
Aubrey Masango 2019 BW Aubrey Masango 2019 BW
The Aubrey Masango Show
20:00 - 22:00
volume_up
volume_mute

Up Next: Best of CapeTalk
See full line-up
The Aubrey Masango Show
20:00 - 22:00
Home
arrow_forward
Business

Companies benefitting from Covid-19 TERS to be audited

12 April 2021 7:33 PM
Tags:
Corruption
The Money Show
Bruce Whitfield
SIU
Unemployment Insurance Fund
Special Investigation Unit
UIF
COVID-19
covid-19 in south africa
UIF COVID-19 TERS
COVID-19 TERS
Ruth Maforimbo
EY Europe, Middle East, India and Africa
EMEIA

Bruce Whitfield interviews Ruth Maforimbo of People Advisory Services at EY Europe, Middle East, India and Africa.

Click here for all our Covid-19-related articles in one place.


If you helped yourself to money you’re not entitled to; I hope you get locked up. I hope you go to jail. That would be fabulous!

Bruce Whitfield, presenter - The Money Show

Employers who received the Unemployment Insurance Fund’s (UIF) special COVID-19 TERS benefits will be audited.

The Special Investigation Unit (SIU) is investigating claims of corruption regarding TERS benefits.

© Ion Chiosea/123rf

The Money Show’s Bruce Whitfield interviewed Ruth Maforimbo, a Senior Manager for People Advisory Services at EY Europe, Middle East, India and Africa (EMEIA).

The current audit should bring to light what was misappropriated… We’re positive the misused funds will be recovered…

Ruth Maforimbo, Senior Manager - People Advisory Services, EY Europe, Middle East, India and Africa

The audits started in December. They’ll run for six months… but they’ll be extended…

Ruth Maforimbo, Senior Manager - People Advisory Services, EY Europe, Middle East, India and Africa

All companies that have misused funds will be brought to book… They [UIF] should be able to recover most of what has been misused…

Ruth Maforimbo, Senior Manager - People Advisory Services, EY Europe, Middle East, India and Africa

Listen to the interview in the audio below.




12 April 2021 7:33 PM
Tags:
Corruption
The Money Show
Bruce Whitfield
SIU
Unemployment Insurance Fund
Special Investigation Unit
UIF
COVID-19
covid-19 in south africa
UIF COVID-19 TERS
COVID-19 TERS
Ruth Maforimbo
EY Europe, Middle East, India and Africa
EMEIA

More from Covid-19 coronavirus explained

'Covid-19 resurging in W Cape, driven by social gatherings in affluent areas'

14 May 2021 3:36 PM

Areas of concern are Somerset West, Gordon’s Bay, the City Bowl, Sea Point, Milnerton, and Durbanville, says Dr. Keith Cloete.

Share this:
Read More arrow_forward

'Doctors push family members to front of vaccination queue'

14 May 2021 12:51 PM

People who are office-bound got jabs while healthcare workers are being turned away, says reporter Mia Lindeque.

Share this:
Read More arrow_forward

126 prisoners released due to Covid-19 rearrested - some for murder

13 May 2021 9:09 AM

13 989 prisoners were released on special Covid-19 parole. 126 are back in prison for serious crimes, says Singabakho Nxumalo.

Share this:
Read More arrow_forward

Covid-19 in India: 'Dozens and dozens' of bodies found floating down Ganges

12 May 2021 9:33 AM

Struggling with sheer numbers, it seems people are immersing bodies in the Ganges before cremation, says Adam Gilchrist.

Share this:
Read More arrow_forward

I see the Japanese don’t want Olympics to go ahead – Chad le Clos

11 May 2021 4:31 PM

"It’s going to be a very different experience," says Olympic swimming star Chad le Clos. "London was the craziest atmosphere!"

Share this:
Read More arrow_forward

'Numbers are ticking up but no 3rd wave yet'

11 May 2021 1:26 PM

Only the Free State is technically in a third wave, says Health Minister Zweli Mkhize.

Share this:
Read More arrow_forward

Should SA ban travel from India in light of new Covid-19 variant?

10 May 2021 11:33 AM

The NICD confirmed this weekend that four cases of the Indian variant of Covid-19 have been discovered in South Africa.

Share this:
Read More arrow_forward

Rich nations eye end of pandemic – while it rages on in poorer countries

6 May 2021 11:05 AM

“The pandemic is at a fearsome stage,” warns Dr. David Nabarro, Special Envoy on Covid-19 for the World Health Organisation.

Share this:
Read More arrow_forward

US backs proposal to waive vaccine patents 'in service of ending this pandemic'

6 May 2021 8:56 AM

Refilwe Moloto interviews Brooks Spector, a US foreign policy expert and associate editor at Daily Maverick.

Share this:
Read More arrow_forward

Lockdown made us fat and lazy - Pharma Dynamics survey

5 May 2021 1:09 PM

Almost half of the respondents gained weight during the lockdown. Many Wiener interviews Nicole Jennings of Pharma Dynamics.

Share this:
Read More arrow_forward

More from Information about Covid-19 coronavirus

How effective was South Africa’s Covid-19 recovery stimulus?

26 April 2021 6:59 PM

The Money Show’s Bruce Whitfield interviewed Isobel Frye, Director at the Studies In Poverty And Inequality Institute.

Share this:
Read More arrow_forward

'People are hungry, their kids at risk. Find money, and extend Covid-19 grant'

23 April 2021 9:54 AM

"There’s a Constitutional obligation on the state to ensure that nobody goes hungry," says Lynette Maart (Black Sash).

Share this:
Read More arrow_forward

[EXPLAINER] Over 60? Get a flu jab first (wait 2-3 weeks) then a Covid-19 jab

22 April 2021 8:58 AM

Dr Angelique Coetzee explains why you should get a flu vaccine before getting one for Covid-19 if you are older than 60.

Share this:
Read More arrow_forward

Discovery medical aid to vaccinate 50 000 of its 3 million members per day

29 March 2021 6:27 PM

The Money Show’s Bruce Whitfield interviews Dr Ryan Noach, Chief Executive at Discovery Health.

Share this:
Read More arrow_forward

Alcohol bans, each one of them, were wildly successful - and utterly devastating

26 March 2021 11:19 AM

Exactly one year ago, the government banned alcohol. Hospitals emptied out, and the economy crashed and burned.

Share this:
Read More arrow_forward

'South Africans have done well to change their behaviour'

25 March 2021 11:33 AM

"SA has managed to do well compared to EU countries, but not so well compared to other African countries," says Dr Anam Nyembezi.

Share this:
Read More arrow_forward

Covid-19 vaccine arrival brings hope that the pandemic may soon start ending

1 February 2021 7:01 PM

Bruce Whitfield interviews Prof Jeffrey Mphahlele (SA Medical Research Council) about the significance of the vaccine's arrival.

Share this:
Read More arrow_forward

[EXPLAINED] Can your employer force you to take a Covid-19 vaccine?

25 January 2021 6:49 PM

Can employers make it compulsory for employees to get vaccinated against Covid-19? A labour lawyer explains on The Money Show.

Share this:
Read More arrow_forward

Alcohol ban: Consol, hanging by a thread, burns through millions to stay alive

18 January 2021 6:39 PM

It cannot stop its furnaces, so it must keep them going. Bruce Whitfield interviews Mike Arnold, CEO at Consol Glass.

Share this:
Read More arrow_forward

Covid-19 vaccine: Government may have to milk bone-dry taxpayers some more

18 January 2021 6:25 PM

Treasury is mulling raising taxes, says Prof Adrian Saville, Chief Executive of Cannon Asset Managers.

Share this:
Read More arrow_forward