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The Sassa R350 srd grant will continue due to Poverty deepening



The Sassa R350 srd grant will continue due to Poverty deepening

In order to supply the social remedy for misery, the authorities will charge a fee of R350.On Thursday, Cyril Ramaphosa announced the decision at some point in his State of the Nation Address.

The Sassa R350 srd grant will continue due to Poverty deepening

Previously, Ramaphosa was vague on details, but said Finance Minister Enoch Godongwana would provide more information during his annual budget speech.Destitute South Africans will receive the R350 social remedy grant from the government.“The rising cost of living is deepening poverty and inequality,” Ramaphosa said during his State of the Nation Address on Thursday.

Tens of millions of South Africans cannot provide for themselves and their families, according to the president. According to Ramaphosa, the government will continue the social remedy of misery grant, which reaches approximately 7.8 million people.

The government will make sure that present social offers are multiplied to cushion the poor from rising inflation. By way of the minister of finance, this will be included in the budget. We are working on a mechanism to provide a centered basic earnings guide within our fiscal constraints to the most vulnerable,” he said.

According to Ramaphosa, this would build on the innovation provided by SRD grants.

  • “National Treasury is considering pressing measures to mitigate the impact of load shedding on meals prices,” he said.

Ramaphosa acknowledged the crisis developing around poverty faced by many South Africans.The single mom in Alex is concerned about how she will make ends meet as maize prices and taxi fares rise.

  •  “There is the employee at the Gqeberha manufacturing facility who now faces an uncertain future as load shedding halts the meeting line,” he said.
See also  Here November 2023 SASSA SRD R350 Grant Payment Date

A minimum level of safety must be provided by the state so that no South African can fall below it, according to Ramaphosa. The amount of people receiving some form of profit support in our country exceeds 25 million right now.

Additionally, approximately two million indigent households receive free basic water, free basic electricity, and free stable waste removal. The majority of our finances are spent on what is known as the social wage, providing support, primary services, and helping households and individuals fight poverty and hunger,” he said.


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