Latest News On Sassa COVID-19 SRD Grant For Today 2nd August 2022

Latest News On Sassa COVID-19 SRD Grant For Today 2nd August 2022

Welcome to Flippstack, in this article we will be walking you through the latest update on the South African Social Security Agency (Sassa) COVID-19 Grant making the headlines today. Latest News On Sassa COVID-19 SRD Grant

Youth Occupies 60% of COVID-19 SRD Application – Sassa

Approximately 60% of the SRD grant of the applications are young people, the South African Social Security Agency (Sassa) has announced.

The agency has blamed the high rate of unemployment, saying it was a great cause for concern.

“This correlates with the unemployment rate among youth, which is approximately 60% of all the applicants (youth and non-youth), approximately 5% hold tertiary qualifications,” said Sassa.

Although there was a slight decline in the number of unemployed youth in the first quarter, the youth remained vulnerable in the labour market.

During the first quarter the total number of unemployed youth between the ages of 15 and 34 declined by 0.1% (5,000) to 4.7 million in the fourth quarter and a noticeable increase in the number of youth in employment of 5.0% (244,000), resulting in a decrease in youth unemployment of 1.2 percentage points to 47.8% in the first quarter.

“The agency remains committed to playing its part in fighting the scourge of unemployment,” said Sassa.

“Sassa has made great strides in its efforts to alleviate poverty and provide a lifeline to the most vulnerable in society through the Covid-19 SRD.”

The grant was introduced to target citizens of working age who are not accommodated in the social assistance safety net.

Tabling the department’s budget vote in the National Assembly in May, Minister Lindiwe Zulu said the Department of Social Development would allocate R44 billion for the Covid-19 SRD grant for the 2022/23 financial year.

The current application period – April 2022 to March 2023 – opened on April 23rd. Since then, more than 8.1 million South Africans applied for the grant.

SASSA Announces Grant Payment Dates For August 2022

the South African Social Security Agency (Sassa) has announced the August dates for grants receipts, which will start out with older persons grant.

Sassa has announced grant payment dates for August:

• Older persons’ grants will be paid from Tuesday, 2 August
• Disability grants will be paid from Wednesday, 3 August
• All other grants will be paid from Thursday, 4 August

“There is no need to rush to withdraw cash on the first day. Once the money is in the account, it will remain there until it is needed,” said the agency.

The President declared the National State of Disaster as a result of the Covid-19 global pandemic. In this regard he introduced a special Covid 19 Social Relief of Distress Grant (SRD) of R350 per month for 6 months to be paid to individuals who are currently unemployed, do not receive any form of income, social grant, or UIF payment, etc.

As previously reported, the post office no longer pays the R350 grant. Its beneficiaries are encouraged to collect from approved retail outlets or have it deposited directly into their bank accounts.

Latest News On Sassa COVID-19 SRD Grant For Today 2nd August 2022