Net1 UEPS Technologies’ largest shareholders, International Finance Corp and Allan Gray, have welcomed the company’s decision to terminate the consulting contract of former CEO Serge Belamant, which would
Author: Ray Mahlaka
The constitutional court has ordered the social development department and the South African Social Security Agency (Sassa) to begin an investigation over whether minister Bathabile Dlamini should be held personally
Net1 UEPS Technologies’ two largest shareholders, the International Finance Corp and Allan Gray, have expressed shock at the whopping R265m golden handshake that outgoing CEO Serge Belamant will be paid.
MTN Zakhele, the black economic empowerment scheme of telecommunications giant MTN Group, said it’s still processing payments to shareholders who opted to cash in their shares after the scheme expired in November last year
Social development minister Bathabile Dlamini has claimed that it will cost R6bn for the South Africa Social Security Agency to take over social grant payments from Net1’s subsidiary Cash Paymaster Services. This is the first time that
Net1’s social grant distribution subsidiary Cash Paymaster Services has unveiled the fee it proposes to receive under an extended contract to distribute social grants. This comes after it was instructed
Net1’s social grant distribution subsidiary, Cash Paymaster Services, continues to be coy about the amount it would be remunerated under a new contract with the South African Social Security Agency, telling the constitutional
South Africa’s first alternative exchange, ZAR X, made its debut on Monday with the listing of agribusiness Senwes and its holding company Senwes Beleggings (Senwesbel), which marked the disruption of a more than 50-year long monopoly
Nkosana Makate and telecommunications company Vodacom will now have to revive in good faith negotiations after a deadlock in talks to determine reasonable compensation over the “please call me” service. The
Nkosana Makate has dismissed Vodacom’s assertion that it faces difficulties in determining the revenue that the “please call me” idea has generated since its inception in 2001. Makate, the inventor of “please call me”, argued in court