• About
  • RSS News Feeds
  • Contact
Thursday, February 26, 2026
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
No Result
View All Result
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact
No Result
View All Result
No Result
View All Result
Home FINANCE

Finance Minister Announces Social Grant Increase Payable from April 2026

February 26, 2026
0
Finance Minister Scraps Planned VAT Increase, Rate to Remain at 15%
0
SHARES
Share on FacebookShare on Twitter

The South African government has announced increases to all major social grants for the coming financial year, offering much‑needed relief to millions of vulnerable citizens. According to the 2026 Budget Review released by National Treasury on Wednesday, permanent grants such as old age, disability, child support and foster care will see boosts in monthly payouts — though the Social Relief of Distress (SRD) grant remains unchanged at R370 per month.

Under the new budget allocations, the old age, disability and care dependency grants will rise from R2 315 to R2 400 per month. The war veterans grant increases from R2 335 to R2 420, while the foster care grant is set to go up from R1 250 to R1 295. Child support and the grant‑in‑aid will both increase from R560 to R580.

These enhancements come as part of a broader strategy to strengthen social protection systems in the face of rising living costs and economic uncertainty. Social grants make up the largest share of the government’s social development spending, and funding is projected to grow significantly over the medium term — from R246.6 billion in 2025/26 to R276.5 billion in 2028/29.

Despite the increases, the SRD grant — introduced during the COVID‑19 pandemic — will remain at its current rate of R370 and continue through 31 March 2027, supported by an additional R36.4 billion in allocations. This means recipients of this temporary income support will not receive an uplift in their monthly payments for now.

National Treasury also highlighted efforts to tighten controls around grant eligibility to ensure that support reaches those who truly qualify. Measures include improved biometric and income verification checks, as well as more frequent eligibility reviews. These steps are expected to yield savings that can be redirected to bolster the sustainability of social assistance programmes.

The increased grants aim to help poor and vulnerable South Africans cope with inflation and daily expenses. However, some civil society groups have in the past warned that while such measures are helpful, they may still fall short of offsetting broader cost‑of‑living challenges facing low‑income households.

Overall, the 2026 grant adjustments reflect the government’s continuing effort to balance fiscal responsibility with social support for those who depend on these vital payments.

Previous Post

“Fear of Malema Kept Me Away from Facing Parliamentary” Mogotsi Admits in Explosive Statement

Next Post

Julius Malema Grills Brown Mogotsi At Ad Hoc Committee Hearing In Parliament

Azalibone Mthethwa

Education: A+ Diploma in Journalism ( 2017) Experience: Senior Journalist - Current Affairs Writer Email: info@ireportsouthafrica.co.za

Related Posts

Nhlanhla Lux called to intervene in Maponya Mall Chaos & he showed up.

September 12, 2024

Dr. Sifiso Maseko Resigns as MK Party Secretary-General, Signaling Leadership Shift

November 8, 2024

Zuma Calls MK Party South Africa’s “True Hope” in Ghana Speech

August 20, 2025

Mayibuye Youth Leader Has Resigned Over Financial Exclusion

February 4, 2026

PhalaPhala farm scandal | President Ramaphosa in Hot water again

September 15, 2024

Ukhozi FM presenter Irvin Sihlophe has passed away

September 18, 2024
Next Post

Julius Malema Grills Brown Mogotsi At Ad Hoc Committee Hearing In Parliament

  • Trending
  • Comments
  • Latest

Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

September 11, 2024

South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

September 10, 2024

Look what Dr Nandipha’s mother spotted doing in court yesterday

September 10, 2024

Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

September 11, 2024

Big Nuz – Ngeke Wins Ukhozi FM Top 10 Cross Over Song Of The Year 2022 to 2023

0

Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

0

Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

0

Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

0

Shut It Down: Godongwana Claims NSFAS is a Waste of Money and Should Be Scrapped

February 26, 2026

Julius Malema Alleged Divorce with Wife Spark Public Interest, But No Official Confirmation

February 26, 2026

Bobby Motaung Backs Ben Youssef and Kaze for Next Season

February 26, 2026

R14 Million Payday: Duduzile Zuma Accused of Profiting from Wagner Group’s South African Recruits

February 26, 2026

Recent News

Shut It Down: Godongwana Claims NSFAS is a Waste of Money and Should Be Scrapped

February 26, 2026

Julius Malema Alleged Divorce with Wife Spark Public Interest, But No Official Confirmation

February 26, 2026

Bobby Motaung Backs Ben Youssef and Kaze for Next Season

February 26, 2026

R14 Million Payday: Duduzile Zuma Accused of Profiting from Wagner Group’s South African Recruits

February 26, 2026

SA Leading Digital News. All the latest breaking news from across South Africa in one stream.

Advertise with us: info@ireportsouthafrica.co.za

Follow Us

Main Menu

  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
  • RSS News Feeds
  • Contact

Recent News

Shut It Down: Godongwana Claims NSFAS is a Waste of Money and Should Be Scrapped

February 26, 2026

Julius Malema Alleged Divorce with Wife Spark Public Interest, But No Official Confirmation

February 26, 2026

Bobby Motaung Backs Ben Youssef and Kaze for Next Season

February 26, 2026

R14 Million Payday: Duduzile Zuma Accused of Profiting from Wagner Group’s South African Recruits

February 26, 2026
  • About
  • RSS News Feeds
  • Contact

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • RSS News Feeds
  • Contact
  • Login

iReport South Africa to Advertise: info@ireportsouthafrica.co.za

Exit mobile version