Godongwana delays Basic Income Support decision, extends R370 SRD to 2028
Joburg ETC
South Africa's Finance Minister Enoch Godongwana postponed a decision on establishing a permanent Basic Income Support programme in the 2026 MTBPS, extending the temporary R370 Social Relief of Distress (SRD) grant until March 2028. The extension provides immediate relief but does not resolve long-term financing, eligibility, or implementation plans, as Treasury emphasizes the need for further costing, verification, and legal clarity. With youth unemployment rising to 47.4%, the delay highlights the tension between social welfare needs and fiscal constraints.
All articles from 26 October 2026. Summaries are AI-generated and may contain errors; the linked article is the authority.