Final R350 Grant Payments To Be Made In March



For countless South Africans, the monthly R350 grant has been a lifeline. But according to a recent announcement, this vital support program is set to undergo a significant change.



Millions of South Africans who rely on the R350 grant will see a change in their social support starting in April 2024. The South African Social Security Agency (Sassa) is currently disbursing the R350 grant to an estimated nine million people for the last time this month.

This comes after an announcement by Finance Minister Enoch Godongwana last week that the Social Relief of Distress (SRD) grant will be seeing an increase in benefits.

The SRD grant, often dubbed the R350 grant for its monetary worth, will now be increased to R370 for its recipients. This equates to a rise of R20 or 5.7% from the previous R350 grant.

Subject to the finalisation of the comprehensive social security, we will increase the R350 [grant] to R370. 

Gondongwana referred to the Sassa SRD increase as "the realisation of the basic rights of our people"

When Will The SRD Grant Increase Come Into Effect?

After the minister's declaration of a R20 increase in the SRD grant per month, many beneficiaries are eager to know when they'll start receiving the new payment of R370. Starting from April 2024, beneficiaries of the SRD grant will receive R370, marking the end of the R350 payments in March 2024.

During the 2024 State of The Nation Address (SONA), President Cyril Ramaphosa praised the impact of the grant arguing that it does not only provide people with what they need to survive but also serves as an investment in their future. 

In the midst of the pandemic, we introduced the SRD Grant which currently reaches some 9 million unemployed people every month. 

Suggested Article:

Sassa R350 Grant

Millions of vulnerable people rely on the Social Relief of Distress (SRD) grant. The news of the grants increase has come as a welcomed development for the individuals who rely on the grant. 




Google News

Advertisement i

Advertisement m