The Minister of Finance, Enoch Godongwana has officially announced the South African Social Security Agency (Sassa) will boost the Social Reduction of Distress (SRD) grant.

Even so, civil society organisations have mentioned that the increase announced just isn't adequate, soon after months of calling for an SRD grant boost.

Godongwana announced the R350 grant might be enhanced from 1 April 2024 by R20, or five.7%, rendering it R370 each month.

President Cyril Ramaphosa has mentioned which the SRD grant, that has been a lifeline for about nine million individuals each month, has had a beneficial impact read more and which the extension and enhancement stand for the government's future stage toward bolstering money assistance for your unemployed.