The Minister of Finance, Enoch Godongwana has formally declared which the South African Social Security Agency (Sassa) will raise the Social Reduction of Distress (SRD) grant.
Having said that, civil society organisations have explained that the increase declared is not really more than enough, immediately after months of calling for an SRD grant improve.
Godongwana announced the R350 grant are going to be enhanced from one April 2024 by R20, or 5.seven%, making it R370 every month.
President Cyril Ramaphosa has explained which the SRD grant, that has been a lifeline for approximately 9 million men and women each month, has experienced a positive affect and that the extension and improvement depict the government's upcoming move toward bolstering money help read more to the unemployed.