Latest news with #SASSASRD
IOL News
4 days ago
- Business
- IOL News
SASSA confirms SRD R370 payment dates for end of July
Approved SASSA SRD grant recipients can collect their R370 payment between July 25 and 31, 2025. Image: Nadine Hutton/Bloomberg South African Social Security Agency (SASSA) beneficiaries whose Social Relief of Distress (SRD) applications have been approved can expect to receive their R370 payments during the final week of July 2025, starting from Friday ( July 25, 2025) until July 31, 2025. According to SASSA, approved recipients will be paid between 9 am and 5 pm on the following days: Friday, July 25 Saturday, July 26 Sunday, July 27 Monday, July 28 Tuesday, July 29 Wednesday, July 30 Thursday, July 31 "If your SASSA status shows Approved, then you can receive the R370 payment on the following days," SASSA confirms. Applicants are urged to frequently verify their SRD application status, especially if they have submitted an appeal or reconsideration. 'It is very necessary to verify daily that if you are approved for SRD grant funds or not,' SASSA advises. 'Your application is either in pending status, approved, or declined.' For those still awaiting outcomes, the most common application update remains pending. 'This is a very common status that does not have any issues,' SASSA states. It means the application has been received and is undergoing review by SASSA officials. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading However, some applicants might face delays due to issues like failed identity verification. 'This might be due to unclear scans, mismatched information, or missing details,' SASSA explains. Others may receive a 'Self-exclusion response found,' indicating the applicant exceeds the income threshold of R624 per month or is receiving another social grant. In such cases, they do not qualify for the SRD benefit. In another possible case, the application might be forwarded for further checks by the Department of Home Affairs (DHA). This is reflected by a 'Referred Status.' According to the agency, there are 80 to 90% chances that your SASSA application will be approved under this status. Beneficiaries can check their approval, appeal status, or payment date by visiting the SASSA status checker online and entering their South African ID number and cellphone number. As the final week of July approaches, approved recipients are reminded to monitor their payment status closely and collect their funds within the specified hours. IOL News
The South African
17-07-2025
- Business
- The South African
7 reasons WHY South Africa has an uncompetitive economy
South Africa's uncompetitive economy has been hiding in plain sight for years, say many top industry leaders. However, the World Bank has released a new report, explaining exactly why South Africa is one of the least competition-friendly economies in the world to do business in. However, it's not all doom and gloom for South Africa, as the bank also lists all the things that have improved drastically over the last twelve months. In its 'Driving Inclusive Growth in South Africa' report, the bank says the country is, in fact, far better off than in 2024, thanks to improved electricity supply and various structural reforms. The SASSA SRD grant will soon be transformed into a Basic Income Grant for the unemployed. But job creation would be better. Image: File Nevertheless, the World Bank still thinks South Africa is beset by several onerous regulations that make it an uncompetitive economy in which to do business: For example, the new Employment Equity quotas that come into effect on 1 September 2025 will further burden business. will further burden business. Moreover, South Africa's uncompetitive economy suffers from poor business dynamism and minimal job creation. This, in turn, leads to a lack of competition within the economy and an over-reliance on social welfare, which acts like a handbrake on economic growth. As such, the World Bank believes 'short-term wins' will create momentum and start to achieve a successful economic transformation. Key to strengthening South Africa's uncompetitive economy is easing various regulatory burdens on businesses. There are only 'one-third of the new business ventures in South Africa,' compared with other typical middle-income countries. A such, no enough new businesses – whether small, medium or large – are being created. Therefore, there are no new employable South Africans contributing to the economy. Even a few 'small wins' will help turn the tide for South Africa's uncompetitive economy, says the World Bank. Image: File Therefore, the World Bank says increased market competition will boost an uncompetitive economy and promote innovation. It says South Africa must, 'Rebalance its economic model by making it easier for investors and young workers to enter the market.' One way to achieve this is to reduce state-owned enterprises. These currently operate like monopolies in South Africa and are highly inefficient and wasteful of taxpayer money, reports Daily Investor . In conclusion, the bank says there's no obvious reason why such an approach, coupled with smart regulations, cannot be applied to help kickstart South Africa's uncompetitive economy. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The South African
08-06-2025
- Business
- The South African
Back to drawing board for 2026 revised SASSA SRD grant
Parliament sent back the revised SASSA SRD grant to the Department of Social Development this week. It's touted to become a Basic Income Grant for the unemployed in 2026. However, the working group wants to see urgent changes before it is approved. As such, a draft policy for the revised SASSA SRD grant was initiated with the committee for Social Protection, Community and Human Development back in November 2024. However, the committee sent it back to the DSD on Wednesday this week, citing 'affordability and economic opportunities for beneficiaries.' The none-permanent COVID-19 Social Relief of Distress grant has been extended every year since 2020. Image: File Before the new-look stipend is approved, it must survive various engagements. Like with the Office of the Presidency, National Treasury and Department of Employment and Labour. The South African Social Security Agency believes this will be concluded within a few months. From there a draft will be published for public comment. Policymakers from the DSD were told to 'better integrate pathways from income support to employment.' Currently, the grant pays out R370 each month to roughly 9-million beneficiaries living below the poverty line. However, the committee wants to see it become better 'aligned with broader economic objectives,' like jobs … South Africa's unemployment rate has only been increasing in the last decade, forcing many to exist in the informal sector. Image: File Essentially, the 2026 Basic Income Grant will be for those without jobs, but not to the point of creating long-term dependency on the grant. Therefore, the DSD and SASSA have to improve their data systems and align government programmes to make it work efficiently. Government is concerned that if and when they make the grant permanent, it must be budgeted for every year to remain viable (unlike the current R370 SRD which isn't permanent). While the department sets to work 'tightening' the revised SASSA SRD grant, it has requested that the National Treasury extend SRD for two more years. However, the Treasury has only approved the continuation of the current SRD grant until March 2026. There's simply not enough taxpayer money to ensure everyone who applies for a SASSA grant will be approved for one. Image: File In response to yet another delay to the revised SASSA SRD grant, many MPs were scathing of the DSD's work. The EFF's Noluvuyo Tafeni noted the policy has been in development for over two decades and was still not ready. Likewise, the DA's Alexandra Abrahams questioned whether the revised SASSA SRD grant policy would ever see the light of day. Finally, the MK's Nhlanhla Gcwabaza argued that SASSA should work to help people exit the grant system, not make them dependent on it … Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1. Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
Time Business News
23-05-2025
- General
- Time Business News
Top 5 Reasons Your SASSA SRD Status is Still Pending (and How to Fix It)
If your SASSA SRD (Social Relief of Distress) status is still pending, you're not alone. Many South Africans face this issue, and understanding why can help you resolve it faster. This guide will reveal the top reasons your SASSA status is stuck and what you can do about it. When your SASSA SRD status is marked as 'pending,' it means your application is still being processed and has not yet been approved or declined. This status indicates that the authorities are currently reviewing your information and documents to determine your eligibility for the grant. However, this process should not take an excessively long time. Let's explore the most common reasons for delays, such as incomplete documentation, verification backlogs, or system errors, and the exact steps you can take to resolve them, including contacting SASSA, updating your information, or providing additional required documents. Your SASSA application may be pending because of incorrect ID numbers, names, or phone numbers. Even a small typo can delay the process. It is important to carefully review all the information you provide to ensure it matches your official documents. If any detail does not match, your application could be delayed while the system verifies your identity. Double-checking your information before submitting can help avoid unnecessary waiting time and ensure your application is processed as quickly as possible. How to Fix It: Make sure your ID number matches your official documents. SASSA verifies your identity and income details to ensure you meet the eligibility criteria for assistance. If there is a backlog in their system, your status may remain pending for an extended period. This situation is especially common during high-application periods, such as when many people apply for grants at the same time. During these times, processing times can be longer, and applicants may need to wait before receiving updates on their application status. How to Fix It: Be patient, but keep checking your status regularly. If it's pending for over two weeks, contact SASSA support via phone or their official email. Reason 3: Network or System Errors Sometimes, your status may be stuck due to server issues on SASSA's side, particularly during maintenance periods. These issues can temporarily prevent updates or changes to your status from being processed. If you encounter this problem, it is often caused by technical maintenance or overload on SASSA's servers. Fortunately, this can usually be resolved by accessing your information through a different website or portal, which may not be affected by the same server problems. How to Fix It: You can always check your SASSA Status here. If your declared income is not correctly verified, SASSA may delay your application. This could happen if the bank details you provided do not match your records or if the financial information you submitted is incorrect or incomplete. In such cases, SASSA may require you to provide additional documents or clarification to confirm your income before your application can proceed. Ensuring that all your financial information is accurate and up to date can help prevent unnecessary delays in the processing of your application. How to Fix It: Ensure your income information is accurate and matches your bank records. Avoid using multiple bank accounts for SASSA payments. In certain situations, your application may have expired, particularly if you submitted it during a previous application cycle. SASSA requires all eligible applicants whose applications have lapsed or expired to submit a new application to ensure continued consideration for benefits. How to Fix It: Make sure all your personal details and required information are up to date before reapplying. Double-check your contact information and supporting documents to avoid delays in processing your new application. Contact SASSA support directly with your ID number. Visit the nearest SASSA office for in-person assistance. Keep records of all communication for reference. Don't let a pending SASSA SRD status cause you stress. There are several reasons why your application might be delayed, such as missing documents, incomplete information, or verification issues. By understanding the most common reasons for these delays and learning how to address them, you can help speed up the approval process and avoid unnecessary anxiety. You can find all information related to SASSA here, including step-by-step guides for applications, detailed eligibility requirements, payment dates, and the latest updates on grants and other social services provided by SASSA. TIME BUSINESS NEWS
