The R350 Social Relief of Distress grant announced by President Cyril Ramaphosa on Sunday will cost the fiscus about R27 billion, according to Finance Minister Tito Mboweni, who on Wednesday held a press briefing to provide some details about the measures announced by the president to support the recovery of the economy and provide relief for the poor.
These events have had a serious effect on South Africans and the economy. The implementation of both level 3 and level 4 lockdowns will also have a negative impact on economic output. Mboweni said South Africa’s fiscal situation remains serious, adding that the country’s macro-fiscal context will remain constrained as a consequence of the unrest and the continued lockdown.
The president also announced food relief packages, saying government would contribute R400 million to the Humanitarian Crisis Relief Fund established by the Solidarity Fund. “This amount is a provision for a required capital injection should Sasria exceed its limits. It may be revised as events unfold,” said Mboweni.
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How to apply for the R350
27 years of failure to eradicate poverty. Instead you protected the interests of the few who dominated the economy. You're working for wmc! GautengANC tito_mboweni PresidencyZA CyrilRamaphosa poverty inequality education economy wmc
Including or excluding the ones you guys will loot?
Now that elections are around the corner ANC will have to make quick bucks through the state for electioneering😏
Buying votes
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Sassa warns of fake Covid-19 R350 distress grant post'No applications for the special Covid-19 social relief of distress grant will be made via telephone; e-mail or USSD,' said Sassa. Another blunder 🙈 So long queues then? In that case we should proceed with elections. I saw several people testifying of making so much money with the help of liam_garret21 on Bitcoin options trade and I dicided to gave a try and am gald he helped me and my colleagues to make allot of profit in one week , thank you for your transparency and trust
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Eligible for the R350 grant? You have to reapply from scratchPeople who are eligible to receive the R350 Covid-19 social relief of distress grant are required to start the application process from scratch to receive it until March 2022. It's about time they did a serious audit. How many have died of the virus? If ugliness has a name ….. Takes forever by the time they approve its about to be closed again
Source: SowetanLIVE - 🏆 13. / 63 Read more »
SA plans R36bn relief measures over Covid-19, riotsSA plans about R36bn worth of relief measures to support businesses and individuals affected by recent unrest and Covid-19 restrictions. Investing with lovely1642 has brought my family so much joy, I've received R25,500 from my little funds i invested and I'm grateful, i advice everyone to invest with 👇👇👇👇 lovely1642
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Tito Mboweni explains why government brought back R350 grantFinance Minister Tito Mboweni has allocated more than R27 billion for the payment of R350 social relief of distress grants to eligible unemployed people in the country. Sometimes, life pushes you to do what you never wanted to do. I never wanted to venture into trading bitcoin but I had no choice with the tough situation in life than doing it with Ethans_Rolands and it was awesome and unbelievable with the massive cash out.🚀🚀💰💰
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