R350 SRD grants ramaphosa

Image via: flickr

Confirmed: Ramaphosa to extend R350 grants for three more months

Those South Africans who are in dire need of the R350 SRD grant have been handed a lifeline for a further three months.

R350 SRD grants ramaphosa

Image via: flickr

President Cyril Ramaphosa, while addressing the nation on South Africa’s Economic Reconstruction and Recovery Plan, said that the R350 SRD grants would be extended by a further three months to help those South Africans in need. 


Ramaphosa said the speed and urgency with which government is expanding employment programmes demonstrates its commitment to support those who are without work.

“As these and other recovery measures are being rolled out, we need to do everything in our means to provide support to those in society who continue to face hunger and distress,” he said. 

 “We will therefore be extending the Special COVID-19 Grant by a further three months,” he said. 

Ramaphosa said the extension of the R350 SRD grants will maintain a temporary expansion of social protection and allow the labour market sufficient time to recover.

The president said the R350 SRD grants, in particular, represents a significant achievement, reaching more than 6 million unemployed people in a short space of time.

“More than 960,000 companies have benefited through the UIF wage support scheme and through the grants and loans provided by various government departments and public entities,” he added. 

The Social Development Department will most likely further expand on the details regarding the extension of the social grants. 


Ramphosa listed certain objectives to help bring the South African economy back from the brink, so to speak. 

Some of the objectives were listed as follows; 

  • To create jobs, primarily through aggressive infrastructure investment and mass employment programmes;
  •  To reindustrialise our economy, focusing on growing small businesses;
  •  To accelerate economic reforms to unlock investment and growth;
  •  To fight crime and corruption; and
  •  To improve the capability of the state.

Interventions outlined in the plan include; 

  • Achieve sufficient, secure and reliable energy supply within two years;
  • Create and support over 800,000 work opportunities in the immediate term to respond to job losses;
  • Unlock more than R1 trillion in infrastructure investment over the next four years;
  •  reduce data costs for every South African and expand broadband access to low-income households;
  •  Reverse the decline of the local manufacturing sector and promote reindustrialisation through deeper levels of localisation and exports; and
  • Resuscitate vulnerable sectors such as tourism, which have been hard hit by the pandemic.