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COSATU welcomes Ramaphosa’s pledge to continue and increase the R350 SRD grant

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COSATU says it is pleased that President Cyril Ramaphosa has endorsed the labour federation’s call to extend and increase the Social Relief Distress Grant (SRD) that has provided relief to 8 million unemployed persons. 

During the State of the Nation Address, Ramaphosa announced that government will continue with the R350 SRD Grant which was extended to March 2024.

Ramaphosa said that work is also underway to develop a mechanism for a targeted Basic Income Support (BIS) for the most vulnerable, within the country’s fiscal constraints.

The labour federation said that the grant’s administrative challenges needed to be urgently resolved, and all 12 million unemployed persons need to have access to it. 

Government introduced the SRD Grant in May 2020 as a temporary measure to respond to the needs of the most vulnerable, who were affected by COVID-19 induced lockdown measures.

“The grant also needs to be increased to the food poverty line and its

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