BASIC INCOME GRANT

SERI REPORT REINFORCES URGENT NEED FOR BASIC INCOME GRANT

The latest Socio-Economic Rights Institute (SERI) “Food for Thought” report exposes a nation in crisis. One in five households in South Africa experiences inadequate or severely inadequate access to food. Thirty percent of boys under five are stunted due to chronic undernutrition, while millions of South Africans are forced to make impossible trade-offs between affordability and nutrition. This is not a food production problem, it is a poverty problem.

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TREASURY’S PUNITIVE SOCIAL GRANT CONDITIONS AN ATTACK ON THE POOR

The GOOD Party is deeply concerned by the National Treasury’s imposition of punitive and exclusionary conditions on the 2025/26 operating budget of the South African Social Security Agency (SASSA). These conditions effectively extend the flawed administrative procedures of the Social Relief of Distress (SRD) grant to long-standing grants such as the Child Support Grant, Disability Grant, Care Dependency Grant, and Older Persons’ Grant.

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BUDGET 2025: PLUGS GAPS; DEFERS REAL BUDGETARY REFORMS TO NEXT YEAR

The third iteration of Budget 2025 delivered by Minister of Finance Enoch Godongwana today largely succeeds in absorbing a R69 Billion fiscal gap occasioned by dropping the proposed 0.5% VAT increase without defunding improved social and infrastructure spend altogether. To some extent it’s a holding budget to settle months of instability since the first version of the budget was rejected in March. The real work lies ahead, in eliminating waste and reforming the budget-making process.

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UNEMPLOYMENT RATE RISES TO 32.9%, A BASIC INCOME GRANT IS A MORAL IMPERATIVE

 The latest Quarterly Labour Force Survey for Q1 2025 confirms what South Africans already feel in their homes and communities – unemployment is getting worse, not better. The official unemployment rate has climbed to a shocking 32.9%, up from 31.9% in Q4 2024. This translates to 8.2 million South Africans officially unemployed, with a further 3.5 million discouraged work seekers who have given up trying to find work, and 16.7 million people not economically active. In total, nearly 25 million South Africans of working age have no income to support themselves or their families.

UNEMPLOYMENT RATE RISES TO 32.9%, A BASIC INCOME GRANT IS A MORAL IMPERATIVE Read More »

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