R11 bn allocated to phase two of Presidential Employment Stimulus

Phase 2 of the Presidential Employment Stimulus has been launched, with a total of R11 billion allocated by National Treasury. The announcement was made on 14 October 2021 by Minister in the Presidency Mondli Gungubele. The stimulus was launched by President Cyril Ramaphosa in October 2020 in response to the high number of job losses due to the COVID-19 pandemic.