SASSA Universal Basic Income Grant 2024, SRD Grant Beneficiaries Benefits in November 2024

SASSA Universal Basic Income Grant

The introduction of South Africa’s Universal Basic Income (UBI) grant in 2025 aims to replace the SRD grant with a more inclusive, unconditional financial support system. Beneficiaries can expect increased monthly payments ranging from R800 to R1200. The UBI is set to empower millions, reducing poverty and fostering economic growth, but challenges such as funding and inflation risks remain.