For example in South Africa, the system dubbed as unemployment insurance system is governed by the Unemployment Insurance (UI) Act, of 2001. The Bill dubbed 'The Unemployment Insurance Authority Bill, 2022' has been tabled in Kenya's parliament and as a result, is expected to be debated. He has proposed the establishment of an Unemployment Insurance Fund to which both the employer and employee will contribute. "....while also facilitating the implementation of such policies relating to unemployment insurance," the Bill read in part. The draft bill proposed has been benchmarked against South Africa, United States and Austria.

Source: The Star September 08, 2023 15:13 UTC