South African President, Cyril Ramaphosa, has announced that SASSA grants will be increased during his State of the Nation Address (SONA) on Tuesday 9th February 2023. Although the President did not mention by what margin the increase will be, he emphasized that the government is committed to ensuring that social security nets are expanded to provide relief to vulnerable citizens.
The President stated that the government recognizes the struggles faced by South Africans who rely on social grants as their primary source of income. He said that the government will continue to work towards increasing the value of grants to ease the burden on recipients.
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The Finance Minister is expected to announce the actual increase margin during his Budget speech on Thursday, 22nd February 2023. This announcement will provide more clarity on the extent of the increase and how it will impact beneficiaries.
SASSA beneficiaries across the country have welcomed the news of the increase, as many have been struggling to make ends meet due to the rising cost of living. The increase in grants will provide much-needed relief to those who rely on them for their basic needs.
The announcement by President Cyril Ramaphosa that SASSA grants will be increased is a welcome relief to many vulnerable South Africans. The exact increase margin will be announced by the Finance Minister during his Budget speech, and beneficiaries are encouraged to stay tuned for more details. The increase in grants will go a long way in easing the financial burden faced by recipients and provide much-needed relief.