After facing a worst-case scenario in which thousands of social grant beneficiaries have found themselves empty-handed since the start of July, the South African Post Office said it cannot guarantee a payment
Author: Ray Mahlaka
Cash Paymaster Services, the subsidiary of tech giant Net1 UEPS, is facing fresh allegations of using “dirty tricks” to sabotage the South African Post Office’s efforts to become the sole social grants distributor over the
Liberty could face massive fines through civil lawsuits or from a government-mandated information regulator after falling victim to a cyberattack by unknown hackers. The financial services firm is fighting to prevent the release
The South African Post Office is set to take over the administration of cash payments to two million social grant beneficiaries when the contract of service provider Net1 UEPS subsidiary Cash Paymaster Services expires
Net1 UEPS CEO Herman Kotzé has downplayed the cash crunch faced by its social grant-distributing subsidiary Cash Paymaster Services, yet fears are growing that nearly two million elderly and disabled beneficiaries might
While state capture architects have profited from state-owned enterprises, South Africa might have missed the quiet ruin of another key organ of state. The South African Social Security Agency, which plays the critical
The suspension of the tender process by social services agency Sassa to find a new service provider that will be responsible for cash payments to 2.5m elderly and disabled beneficiaries has raised fears of a sequel
Exactly 17 days. This is the timeline in which social grant payments to more than 10m recipients will either continue…
Social security agency Sassa wants to give Net1 subsidiary Cash Paymaster Services (CPS) more powers in the distribution of social grants if its invalid contract is extended for an additional six months from
Net1 UEPS Technologies, the parent company of social grants distributor Cash Paymaster Services, plans to roll out banking services to underserved consumers – some of whom are social grant recipients – after its