• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

Domestic workers to get provident fund

Feb 22 2012 16:12 Sapa

Related Articles

Domestic workers' minimum wage raised

ILO moves to protect domestic workers

Employers warned against domestic abuse

Blitz inspection on domestic wages

Domestic workers not on tax list

Domestic workers don’t know their rights

 
Cape Town - The labour department will establish provident funds for domestic and farm workers by March next year, according to budget documents tabled by Finance Minister Pravin Gordhan on Wednesday.

It will also look at a medical aid scheme for the private security sector.

According to the 2012 estimates of national expenditure, these objectives are in line with the spending focus over the medium term, which is to protect vulnerable workers in these areas as well as in the hospitality and forestry sectors.

Other goals were to reintegrate work seekers into the labour market and ensure decent work.

The department would receive R2.1bn to achieve set goals, up from R1.9bn in 2011/2012.

An amount of R429m had been set aside for inspection and enforcement services.

The department aimed to inspect 130 000 workplaces for compliance with labour legislation.

It would also conduct audits and "blitz inspections" in high risk sectors such as construction and chemicals, to reduce accidents and injuries.

With an unstable labour market, caused by the global economic crisis, workers are vulnerable to abuse from employers.

The department has increased the budget of the Commission for Conciliation, Mediation and Arbitration to accommodate the likely increase in cases.

It has done the same for the Unemployment Insurance Fund, with a focus on implementing poverty alleviation schemes for registered members.

In his budget speech on Wednesday, Gordhan said a wide range of government programmes and policies had come under scrutiny in the past year in respect of job-creation.

He said his budget was aimed at supporting job-creation through education and skills development.

"At this time last year, funding was allocated to a new Jobs Fund, aimed at supporting innovative public or private sector projects with potential to create sustainable job opportunities," he said.

"The fund began in June, and received over 2 500 applications in its first call for proposals."

Gordhan said project allocations of over R1bn had been committed, and a second round of applications would be announced shortly.
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
12 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

The rich will pay - Mpofu

The EFF in Gauteng will focus all its energy on improving the lives of the poor, the party's premier candidate Dali Mpofu says.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...