Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Malatsi comes out swinging in Starlink lobbying row - Solly Malatsi

      Malatsi comes out swinging in Starlink lobbying row

      6 July 2026
      'Functioning but limping': PSC lays bare the rot at Sita - State IT Agency

      ‘Functioning but limping’: PSC lays bare the rot at Sita

      6 July 2026
      Bookmakers to ISPs: stop debating, start blocking

      Bookmakers to ISPs: stop debating, start blocking

      6 July 2026
      MTN's Ralph Mupita named to new UN AI commission - Ralph Mupita

      MTN’s Ralph Mupita named to new UN AI commission

      6 July 2026
      British TV giants merge to take on Netflix

      British TV giants merge to take on Netflix

      6 July 2026
    • World
      Swingeing jobs cuts at Microsoft's Xbox unit

      Swingeing jobs cuts at Microsoft’s Xbox unit

      6 July 2026

      SK Hynix ends Samsung’s 26-year reign at the top

      22 June 2026
      Google on the hook for what its AI tells users, court rules

      Google on the hook for what its AI tells users, court rules

      15 June 2026
      How Russians juggle VPNs to outwit the Kremlin

      How Russians juggle VPNs to outwit the Kremlin

      15 June 2026
      Amazon CEO flagged Anthropic AI risks to Washington - Andy Jassy

      Amazon CEO flagged Anthropic AI risks to Washington

      14 June 2026
    • In-depth
      AI boom sparks rally, frenzy and fear

      AI boom sparks rally, frenzy and fear

      11 June 2026
      Every plug-in hybrid on sale in South Africa, ranked by price - Lamborghini Temerario

      Every plug-in hybrid on sale in South Africa, ranked by price

      7 June 2026
      What Wi-Fi 8 will mean for wireless networks

      What Wi-Fi 8 will mean for wireless networks

      1 June 2026
      Alfa's electric rebel - Alfa Romeo Junior Elettrica Veloce

      Alfa’s electric rebel

      29 April 2026
      Africa switches on as Europe dims the lights

      Africa switches on as Europe dims the lights

      9 April 2026
    • TCS
      TCS+ | How Tracker is turning vehicle data into business strategy - Silvia Schollenberger

      TCS+ | How Tracker is turning vehicle data into business strategy

      1 July 2026
      TCS+ | IBM Bob: an AI-powered 'development partner' for the enterprise - David Spurway

      TCS+ | IBM Bob: an AI-powered development partner for the enterprise

      30 June 2026
      Watts & Wheels S1E6: 'A flawless Alfa and a bakkie that divides'

      Watts & Wheels S1E6: ‘A flawless Alfa and a bakkie that divides’

      17 June 2026
      Watts & Wheels S1E6: 'A flawless Alfa and a bakkie that divides'

      Watts & Wheels S1E5: ‘A Bentley of the bush and a car that swims’

      8 June 2026
      TCS | Charge's R1.8-billion bet on an off-grid EV future - Charge chairman Joubert Roux

      TCS | Charge’s R1.8-billion bet on an off-grid EV future

      18 May 2026
    • Opinion
      The author, Jannie van Zyl

      South Africa’s broadband future is being decided in orbit, not in Pretoria

      30 June 2026
      The author, Pambos Soteriades

      The pivot South Africa’s MVNOs cannot afford to miss

      23 June 2026
      Brazil's online gambling crackdown is a lesson for South Africa

      Brazil’s online gambling crackdown is a lesson for South Africa

      22 June 2026
      Finish the job Mandela started - Farzam Ehsani

      Finish the job Mandela started

      18 June 2026
      The author, Fanie van Rooyen

      The US just showed it can switch off our AI

      17 June 2026
    • Company Hubs
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM Telecom
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » Net1 charging too much for welfare payments: treasury

    Net1 charging too much for welfare payments: treasury

    By Editor3 May 2018
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Finance minister Nhlanhla Nene. Image: GCIS

    National treasury has recommended that Net1 UEPS Technologies be paid 24% less than it’s requesting for a six month extension to pay social welfare grants at cash pay points.

    In documents submitted to the constitutional court, finance minister Nhlanhla Nene recommended that the company’s Cash Paymaster Services unit be paid a monthly R51 per welfare recipient at a cash pay point compared to the company’s request for R66.70. It also said that CPS had failed to furnish it with “material information”.

    The South African Social Security Agency requested the extension after if failed to make adequate arrangements for a replacement for Net1. A tender to do so has been cancelled because of complaints about the omission of information by Sassa and will be reissued, social development minister Susan Shabangu said in court documents last week.

    Sassa failed to find a new service provider and the court intervened again last year to demand that action be taken

    South Africa is seeking a new distributor of social security payments that cost the government more than R150bn annually, after the constitutional court ruled in 2014 that the contract with Net1 was unconstitutional because correct processes weren’t followed.

    Sassa failed to find a new service provider and the court intervened again last year to demand that action be taken amid accusations by civil society organisations that Net1 used the information it gleaned on grant recipients to sell services to some of the country’s poorest and least literate people. Net1 denied the allegations.

    The ANC has held up the social security program as one of its greatest successes to alleviate poverty in one of the world’s most unequal nations. An interruption in the processing of payments could undermine the party’s support in national elections next year.

    Former social development minister Bathabile Dlamini has been asked by the court to explain why she shouldn’t pay the costs of the court cases personally because of her negligence.

    Nene also recommended that Net1 receive R19.48 for other methods of payment and R108.75 for the enrolment of new welfare recipients.

    Currently 2.25m out of 10.85m recipients are paid at cash pay points, Sassa said in a separate court document.

    The agency is also in a dispute with Grindrod Bank over the fee it charges to pay 5.34m recipients through the so-called Sassa card. Grindrod raised its monthly fee per recipient to R10 from R6.91 without telling the agency, Sassa said, adding that it has demanded that the lower fee be used.  — Reported by Antony Sguazzin, (c) 2018 Bloomberg LP

    Follow TechCentral on Google News Add TechCentral as your preferred source on Google


    Bathabile Dlamini Nhlanhla Nene Sassa Susan Shabangu top
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleMTN South Africa shows margin improvement
    Next Article Facebook scandal kills Cambridge Analytica

    Related Posts

    fingerprint

    Fingerprints, facial scans now mandatory for Sassa grants

    27 August 2025

    Compulsory biometric tests for some Sassa beneficiaries

    24 April 2025
    fraud

    How South Africa’s social grants system was defrauded on a massive scale

    6 January 2025
    Company News
    Finding focus: a strategic approach to cybersecurity for SMBs - Kaspersky

    Finding focus: a strategic approach to cybersecurity for SMBs

    6 July 2026
    Why voice-first communication matters more in the AI era - Mitel

    Why voice-first communication matters more in the AI era

    6 July 2026
    Friendship was the hard part of online school - until now - CambriLearn

    Friendship was the hard part of online school – until now

    6 July 2026
    Opinion
    The author, Jannie van Zyl

    South Africa’s broadband future is being decided in orbit, not in Pretoria

    30 June 2026
    The author, Pambos Soteriades

    The pivot South Africa’s MVNOs cannot afford to miss

    23 June 2026
    Brazil's online gambling crackdown is a lesson for South Africa

    Brazil’s online gambling crackdown is a lesson for South Africa

    22 June 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Malatsi comes out swinging in Starlink lobbying row - Solly Malatsi

    Malatsi comes out swinging in Starlink lobbying row

    6 July 2026
    'Functioning but limping': PSC lays bare the rot at Sita - State IT Agency

    ‘Functioning but limping’: PSC lays bare the rot at Sita

    6 July 2026
    Bookmakers to ISPs: stop debating, start blocking

    Bookmakers to ISPs: stop debating, start blocking

    6 July 2026
    MTN's Ralph Mupita named to new UN AI commission - Ralph Mupita

    MTN’s Ralph Mupita named to new UN AI commission

    6 July 2026
    © 2009 - 2026 NewsCentral Media
    Built and maintained by Chronon
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}