This stipend, currently pegged at the minimum wage of R29 per hour, translates to approximately R1,850 per month for participants working a maximum of 64 hours. While the SEF stipend provides crucial support, it falls significantly short of both the minimum and livable wages, underscoring that while it serves as a vital social safety net, it cannot replace the urgent need for sustainable job creation and economic growth.
The Impact of the SEF programme on stipend provision in SA in light of recent research indicating that a livable wage in SA should be about R15,000 per month, the IDC’s Social Employment Fund (SEF) programme offers crucial support to vulnerable communities, albeit at a more modest scale.