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The ANC promises a Basic Income Grant by 2026 if reelected following the 29 May vote. Speaking at a rally on Wednesday 22 May 2024, the party insisted that the long-discussed Basic Income Grant will come to be in two-years’ time, if and when it is reelected. ANC PROMISES A BASIC INCOME GRANT BY 2026 According to Business Live , the Basic Income Grant will act as a universal income grant for the unemployed.

It will effectively replace the existing R370 Social Relief of Distress grant (SRD) which came to be at the height of the COVID-19 pandemic. Stats SA has just revealed new data that shows 50% of South African households already receive government grants . Not to mention the 32.



9% unemployment rate that has increased by 0.8% (300 000 people) in just six months. PRO-POOR STATE And let’s not forget President Cyril Ramaphosa has also signed the National Health Insurance (NHI) bill into law .

This, too, promises taxpayer-funded healthcare for every citizen in the country. All signs point towards Mzansi becoming a heavily social-welfare-driven state. Now, with less than a week to go to the 29 May General Election, the ANC promises a Basic Income Grant by 2026.

There’s been no word, however, on how much it will pay. Suggestions range from anywhere between R1 000 to R1 500 . However, looking at the current budget allowance, those expecting a big payday for being unemployed may be disappointed.

URGENCY ON POLICY This week the ANC said it was “committed to finalising a compre.

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