The minster said the department returned R4 billion to the National Treasury and it did not affect the SRD grant.
“The money that was returned was for the 2022/23 financial year and it was repurposed for other areas,” said Zulu, explaining the department budgeted for 15 million people but ended up paying 10.5 qualifying beneficiaries in that financial year.“[The money returned] did not compromise those who applied for the grant and didn’t get the money because we have been paying 10.5 million and right now we are at 8.5 million.
“The inconsistency [in payment] is due to us having to check whether a person is really not getting money elsewhere or receiving other grants. Many continued to apply even though they did not qualify for the SRD grant.” South African Social Security Agency to consider using other banks to pay grants after more than 600,000 beneficiaries did not get their monies last week due to a technical glitch in Postbank’s social grant payment system, with some elderly beneficiaries still to receive their money.
DA MP Alexandra Abrahams said Postbank’s failure to address the various payments was the latest in a long line of “technical glitches” or “hacking attempts” that affect vulnerable grant beneficiaries on an almost monthly basis. “Not every beneficiary has received their money [we] have asked PostBank to give us a detailed daily report that we can send to the president. They have given us a guarantee in the form of a plan and letter that their system is in order.
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