Tue. Jun 18th, 2024

SRD Grant Increased for April 2024 Payments

Finance Minister Enoch Godongwana recently announced a significant increase in the SRD grant, which will now be raised by R20, totaling R370 starting from April 2024 and continuing until March 2025, subject to regulatory approvals.

Addressing the National Assembly on Wednesday, March 13, 2024, Godongwana expressed his satisfaction with the forthcoming increase. He assured that pending the finalization of a comprehensive social security plan, the increase from R350 to R370 would take effect on April 1st of the same year.

NSFAS Reasons for Application Rejection and Ensuring Success

This increment brings positive news to many unemployed individuals in South Africa, aiming to continue supporting those without a means of income within their families.

While there are ongoing calls from various organizations, such as the Universal Basic Income Coalition (Ubic), for a more substantial increase to over R700, the government remains cautious, considering economic implications before making any further commitments.

Despite the increase, there are concerns raised by organizations like the Bureau for Economic Research (BER), highlighting that the R20 increment doesn’t fully compensate for the loss of purchasing power due to rising inflation. Nonetheless, the timing of the announcement is noted, possibly linked to the upcoming election.

NSFAS Laptop and Digital Learning Device Application 2024

Status Check

Beneficiaries are encouraged to regularly monitor their SRD grant application statuses to address any issues promptly, especially if status changes occur due to missing information.

NSFAS Appeals 2024 FundiSA App

When Will The SRD Grant End?

As of now, the government is actively seeking resources to sustain the grant until March 2025, emphasizing its commitment to supporting the vulnerable and unemployed in South Africa. However, there’s no guarantee of continuation beyond this period.

Amid reports of scams surrounding the SRD Grant, SASSA faces challenges in maintaining sufficient budget allocation to support those in critical need until these issues are resolved.

NSFAS Status Application Checks

Contact SRD Grant

For inquiries regarding the SRD Grant increase or any concerns about your application, please reach out to SASSA directly using the following contact details:

  • Call: 0800 60 10 11
  • Email: grantenquiries@sassa.gov.za
  • WhatsApp: 082 046 8553
  • Social Media: @OfficialSASSA (Twitter), SASSA News (Facebook)

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