“Sassa queues: Two-week deadline to present a plan” - https://youtu.be/USeqbOLA1iM
“SASSA ‘nearly broke’: Here’s how much money is left to fund social grants”at https://www.thesouthafrican.com/news/how-much-money-sassa-left-social-grants-what-date-payment-january/ states;
There's next to nothing left in the pot at SASSA, as funds for social grants run dangerously low. Lindiwe Zulu has also been blasted for her behaviour.
It’s no secret that SASSA is running low on funds, but the sheer scarcity of what remains in the coffers is likely to turn many heads. The agency revealed on Wednesday that they now have ‘less than half a billion rand left’ for social grants.
The shock admission came during a day of reckoning for SASSA. Dianne Dunkerley, the Deputy Director-General for the branch of Social Development, revealed that there’s nothing left in the pot to properly fund temporary disability grants. With the R350 SRD grant also coming to an end in January, it seems the department’s accounts have been emptied out:
The automatic extension of the temporary disability social grant would cost R1.2 billion.
It’s estimated that previous extensions of the payment have cost SASSA R1.8 billion.
Dunkerley explained on Wednesday that ‘just R411 million‘ is left in the pot for social grants.
This figure could rise, however, based on the return of lapsed grants.
If the rate of return for lapsed grants only reaches 50%, SASSA may have over R800 million to play with. They are currently working on the assumption that returns will reach 80%, almost halving their available funds.