sassa updates about r350 2023

Numerous people have socioeconomic problems like unemployment, inequality, and poverty. In order to help the most vulnerable members of society, the government plans to adopt the Basic Income Grant (BIG) as a form of social assistance.

The basic income award is meant to provide financial assistance to anyone between the ages of 18 and 59 who are in need but are not receiving social assistance. South African unions are in favor of a basic income grant of R1,500.
Due to the current spike in consumer inflation, prices for food and transportation have increased, further taxing the economy and millions of people’s quality of life. Despite South Africa’s improving standard of life, many households there struggle to meet their basic needs.
The government is recommending the establishment of the Basic Financial Grant as a measure to provide aid and relief to those in need. This grant would provide economic support to people between the ages of 18 and 59 who are struggling, unemployed, and do not qualify for social assistance.
The basic income award is on the table, according to Lindiwe Sisulu, the chair of the Social Transformation Subcommittee, and there have been several discussions about it.
This past weekend in Johannesburg, Sisulu made headlines for her remarks at the African National Congress (ANC) policy conference.
“We were the committee that allowed us to offer them the R350 reward,” the statement continued. In order to deal with the basic income stipend, “we recognized it was possible to go beyond that,” Sisulu said.
The R350 Grant was put into place as a temporary measure to assist persons in need during the lockdown and epidemic.
Sisulu continued by saying that in order to continue helping the most vulnerable people of society, the committee is hopeful that the R350 award can be enhanced and expanded as a basic income grant.