People started their own business with the R350 SRD grant, says President Cyril Ramaphosa

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President Cyril Ramaphosa says some people started their own businesses with the R350 social relief grant they get from the government.
He was speaking in parliament on Thursday in response to the Sona debate after his address last week. He told MPs how the grant saved people from poverty. The president was explaining how his government “over the past five years has been reducing poverty and inequality”.
Ramaphosa said through the grant system his administration has been able to reduce poverty (inherited) from the apartheid system.
The president did not give examples of the people who started their own businesses with the grants.
The grant was introduced during the Covid-19 lockdown in 2020, which laid bare South Africa’s state of poverty. It has not been increased since but has been extended to March 2025.
15 Feb 2024 2PM English South Africa News · Daily News

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