As of May 2023, there has been no official announcement regarding an increase in the value of the Social Relief of Distress (SRD) Grant to R700 per month. The SRD Grant is currently set at a value of R350 per month and is intended to provide temporary relief to individuals who are experiencing financial hardship due to the impact of the COVID-19 pandemic.

• There have been rumors and social media posts circulating about an increase in the SRD Grant to R700 per month. However, it is important to be cautious and rely on official sources of information when it comes to social grants and other government programs. Without an official announcement from the South African government or the South African Social Security Agency (SASSA), any claims about an increase in the SRD Grant to R700 should be treated as speculative.
• If you are currently receiving the SRD Grant or are considering applying for the grant, it is important to ensure that you meet the eligibility criteria and follow the application process correctly. Eligibility criteria for the SRD Grant include being a South African citizen or permanent resident, being over the age of 18, and experiencing financial hardship due to the impact of the COVID-19 pandemic. Applicants will also need to provide proof of identity, residency, and income status in order to be considered for the grant.
• To stay informed about changes to social grants and eligibility criteria, it is recommended that individuals regularly check the SASSA website, subscribe to SASSA's newsletter, or follow SASSA's social media channels for updates. In addition, SASSA may issue press releases or statements regarding changes to social grants, which can be found through online news sources or through official government channels.

In conclusion, as of May 2023, there has been no official announcement regarding an increase in the value of the Social Relief of Distress (SRD) Grant to R700 per month. It is important to rely on official sources of information and to ensure that you meet the eligibility criteria and follow the application process correctly if you are currently receiving the SRD Grant or are considering applying for the grant.