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Look where Half a million of R350 grant applications comes from, SA is in a serious problem

According to the South African Social Security Agency, young people make up roughly 60% of those who request the Social Relief of Distress (SRD) award, which costs R350 per month (SASSA). Additionally, about 5% of applicants for SRD funding have a college degree. The amount of young individuals applying for SRD funds "correlates well," according to Senior Research Associate Andrew Donaldson of the Southern Africa Labour and Development Research Unit, with the number of young people without jobs in the nation (SALDRU).

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The first quarter of 2022 saw a 64% unemployment rate for those aged 15 to 24, and a 42% unemployment rate for those aged 25 to 34, according to the Quarterly Labour Force Survey (QLFS). Currently, 35% is the official rate for the entire nation.


When asked what providing young people the SRD grant may mean for their prospects of landing a job, Donaldson responded, "The SRD is probably going to help some people with their living expenses and with the fees associated with job searching. However, as fewer jobs result from this, even those who receive grants find the job search to be discouraging and upsetting."

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The costs of job searching were the subject of a study by Youth Capital and Open Dialogue. They discovered that more than 80% of young South Africans without jobs must choose between finding work and buying food. A young South African looking for job could spend an average of R938 per month on expenses like transportation, data or internet use, printing, certification, copying, postage, scanning, and application fees or agency fees, according to the 2019 Siyakha Youth Assets Study on youth unemployment.


According to Paseka Letsatsi, a spokesman for SASSA, 930,000 SRD applications came from persons under the age of 20, 2,260,000 from those between the ages of 20 and 24, and 3.9 million from those between the ages of 25 and 35 in July. With 1,482,968 applications, KwaZulu-Natal received the most from applicants between the ages of 20 and 35. Gauteng (1,187,349), Limpopo (861,317), the Eastern Cape (784,124), and Mpumalanga were the following provinces (1,187,349). (577 400).

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According to Letsatsi, the organization had received more than 600,000 applications from persons who have attended college or a university as of July 26. (of all ages). More than 4 million of the approximately 5.2 million SRD grant applications that were granted as of July 19, 2022, according to the government, have already been paid.


More than 500,000 R350 grant applicants hold postsecondary degrees | Fin24 (news24.com).

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