Monday, September 7, 2026
Monday, September 7, 2026
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EFF Victory Promises R4,500 Monthly Grant, Potential Economic Impact Analyzed

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Julius Malema, the head of the Economic Freedom Fighters (EFF), has made a bold promise to increase the South African Social Security Agency (SASSA) old-age grant to R4,500 per month if his party gains power. During the EFF’s provincial manifesto launch in North West, Malema emphasized the party’s commitment to safeguarding social grants and enhancing financial assistance for the elderly. He criticized the current administration led by the African National Congress (ANC), highlighting what he sees as insufficient support for senior citizens, who he argues have significantly contributed to the nation through their tax payments over the years.

Currently, the old-age grant in South Africa stands at R2,400 per month, with a slightly higher amount of R2,420 for those over 75. Malema also took aim at the R370 Social Relief of Distress (SRD) grant, describing it as inadequate, and advocated for the introduction of a new grant specifically aimed at supporting unemployed graduates. His proposal for a R4,500 grant was reiterated during a speech in Mpumalanga, where he pointed out that many pensioners are financially responsible for their children and grandchildren. Malema argued that with better management of public funds, the government could feasibly afford the proposed increase.

The issues of social grants, unemployment, and the escalating cost of living are likely to remain central themes as political parties gear up for the local government elections scheduled for November 4. Malema’s assertions come at a time when these economic challenges are at the forefront of public discourse, influencing voter sentiment and party strategies.

Malema’s criticism of the ANC reflects a broader narrative of dissatisfaction with the current government’s handling of social welfare programs. He positioned the EFF as a party ready to address these concerns with more substantial financial support for those in need. By promising to increase the old-age grant, Malema aims to appeal to a wide demographic of voters who feel the pinch of rising living costs.

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