Business Unity South Africa (Busa) has joined trade unions in demanding urgent reforms and a forensic investigation into the Unemployment Insurance Fund, citing rampant corruption and operational dysfunction.

BUSA has withdrawn from the Unemployment Insurance Fund’s governance structures at Nedlac, saying six years of attempts to reform the fund have failed.

Business Unity South Africa withdraws from UIF structures at Nedlac, while Cosatu describes the fund as ‘a disaster’