Is R350 Grant Increased to R370?

Is R350 Grant Increased to R370?

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By Anele Zulu

I’ve been talking to a lot of people about the SRD grant lately. Everyone wants to know if it’s going up. Well, I’ve got some good news to share!

The Big Change: From R350 to R370

Yes, it’s true! The SRD grant did go up. Back in April 2024, the government raised it from R350 to R370. That’s an extra R20 each month for people who get the grant.

Why Did the Grant Go Up?

Life’s getting more expensive for everyone. Food costs more. Transport costs more. The government knew people were struggling. They wanted to help, even if it was just a little bit.

Who Made This Happen?

Enoch Godongwana, our Finance Minister, told everyone about the change. He said it in a big meeting called the National Assembly on March 13th, 2024. He talked about how the President wanted to make the grant better.

What Godongwana Said

Here’s what the Minister told everyone:

“I’m happy to say we’ve agreed to raise the R350 to R370 starting April 1st this year. This is part of making sure our people get their basic rights.”

Who Gets the R370 Now?

About 9 million South Africans get this grant. It’s for people who lost jobs or income because of COVID-19. If you were getting the R350 before, you should now be getting R370.

Is R370 Enough?

Many people are asking if R370 is enough. It’s more than before, but things are still tough. The government knows this. They’re trying to balance helping people now with planning for the future.

Other SASSA Grants That Went Up Recently

The SRD grant wasn’t the only one that changed. Here are some other grants that got bigger in October 2024:

Grant TypePrevious AmountNew AmountIncrease
Old-Age Grant (Ages 60-74)R2,180R2,190R10
Old-Age Grant (Ages 75 and above)R2,200R2,210R10
Disability GrantR2,180R2,190R10
Care Dependency GrantR2,180R2,190R10
War Veterans GrantR2,200R2,210R10
Child Support GrantR530R530No increase
Foster Care GrantR1,180R1,180No increase
Social Relief of Distress (SRD)R370R370No increase

What’s Next for the SRD Grant?

Right now, the government says the SRD grant will keep going until March 2025. But they’re thinking about what to do after that. They want to help people for longer, but it’s not easy to find the money.

The Big Challenge: Finding Money

The government wants to keep helping people, but they need to find ways to pay for it. Godongwana talked about this problem. He said if they keep the grant going, they might need to help even more people in the future. By 2040, it could be 40 million people! That’s a lot of money to find.

What’s the Government’s Plan?

They’re working on a big plan called a “comprehensive social security programme.” This plan will look at how to help people in the long run. It’s not just about giving money. They want to help people find jobs and learn new skills too.

What This Means for You?

If you get the SRD grant, here’s what you need to know:

  1. You should be getting R370 now, not R350.
  2. The grant will keep going until at least March 2025.
  3. The government is thinking about how to help even more in the future.

What Can You Do?

  1. Check Your Payments: Make sure you’re getting the new amount of R370.
  2. Stay Informed: Keep watching the news for any changes to the grant.
  3. Look for Opportunities: The government is trying to create more jobs. Keep an eye out for job training or work programs in your area.

Why This Matters?

The R20 increase might seem small, but it shows the government is trying to help. They know life is hard for many people. This extra bit of money can make a difference. It might mean an extra loaf of bread or help with transport costs.

The Bigger Picture

The government is trying to do two things at once:

  1. Help people who need money right now.
  2. Find ways to help people earn their own money in the future.

It’s not easy to do both. They have to think about what’s best for everyone in South Africa, not just today but for years to come.

What Experts Are Saying?

Some people who study money and the government think the R370 is still not enough. They say things cost a lot more now than when the grant started. But they also know the government can’t just keep giving out more money without a plan.

Looking to the Future

The big question is: What happens after March 2025? The government is working on plans, but nothing is certain yet. They might:

  • Keep the grant going as it is
  • Try to increase it more
  • Come up with a new way to help people

What You Can Do to Help?

While the government figures things out, there are ways you can help:

  1. Support Local Businesses: Buying from small shops in your area helps create jobs.
  2. Share Information: If you know about job openings or training programs, tell others.
  3. Use the Grant Wisely: If you get the R370, try to use it for the most important things.

Final Thoughts

The change from R350 to R370 is a step in the right direction. It shows the government is listening to people’s needs. But there’s still a lot of work to do. Everyone in South Africa needs to work together to build a country where fewer people need grants and more people have good jobs.

Remember, the SRD grant is here to help during tough times. It’s not perfect, but it’s making a difference for millions of people. As we move forward, let’s hope for more positive changes that help all South Africans live better lives.

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