South Africa to Replace SRD Grants with Universal Basic Income In September 2024: Know Details

South Africa to Replace SRD Grants with Universal Basic Income In September 2024: Know Details

In a groundbreaking move, South Africa is set to replace its Social Relief of Distress (SRD) grant with a Universal Basic Income (UBI) grant. This shift, driven by the African National Congress (ANC), marks a significant change in the nation’s social welfare policy, aiming to provide a stable and unconditional financial support system to all adults aged 18 to 59.

As the country embarks on this ambitious journey, here’s a closer look at what the transition entails, who will be eligible, and the potential benefits and challenges. Transition from SRD to UBI

The SRD grant was initially introduced as a […]

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