The SRD Grant is paid out to roughly 9 million people living in South Africa every month. It’s crucial that you Notice that This can be the only grant specifically intended to help unemployed Grownups residing in the region.

It had been introduced back again in 2020 to aid unemployed folks who had tiny to no prospects of getting work on account of lockdowns. Whilst it absolutely was to begin with intended to guidance persons for any duration of a few months, its implementation continues to be extended on a number of events.

The most up-to-date Formal extension on the SRD grant was 2 November 2023 when Finance Minister, Enoch Godongwana announced the extension of your R350 grant which was Beforehand set to finish in March of 2024. The most recent extension implies that beneficiaries can obtain their R350 grant right until March 2025.

Through the 2024 Budget speech, Godongwana announced that work was underway to Enhance the COVID-19 Social Relief of Distress Grant by April 2024. The Minister indicated that these improvements might be inside of The present fiscal framework.

National Treasury will get the job done Together with the Section of Social Development to ensure that enhancements On this grant are captured in the final Regulations … To the extension of your grant past March 2025, the social check here protection plan reforms, along with the funding resource, will likely be get more info finalised.

Provisional allocations for 2025/26 and 2026/27 was also provided to the implementation with the SRD grant just after receiving a budgetary allocation of R33.six billion for 2024/25. Provisional allocations for 2025/26 and 2026/27.

This means that must the government see in shape, the implementation of the grant would be prolonged right up until March 2027.

We've got noticed some great benefits of this grant and lengthen it and enhance it as the next move toward income guidance to the unemployed.

Impression with the R350 Grant

During the 2024 Point out with the Country Handle (SONA), President Cyril Ramaphosa praised the affect in the grant arguing that it does not only offer those with what they have to survive but additionally serves being an investment inside their foreseeable future.

Inside the midst from the pandemic, we released the SRD Grant which at the moment reaches some 9 million unemployed individuals each month.

The president more disputed that grants and social support recognized a society depending on authorities aid.

These grants and subsidies do much more than give people what they need to live, they are an investment more info in the future. Many people tend to dismiss this and say we are establishing a dependent society, we are investing in our people and investing in their future as well.