Cash Paymaster Services, which used to pay out social grants on behalf of the South African Social Security Agency, is to go into liquidation.
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Net1 UEPS Technologies is seeking to place a subsidiary that’s been ordered to repay hundreds of millions of rand to the welfare department in business rescue.
The supreme court of appeal ruled on Thursday that it is up to the social development department to consider drafting legislation that will protect social grant beneficiaries from predatory practices.
South Africa will no longer have any welfare beneficiaries paid by Net1 UEPS Technologies next month, bringing to an end a controversial relationship.
A judgment by the constitutional court that compels former social development minister Bathabile Dlamini to pay 20% of the legal costs associated with the social grants fiasco out of her own pocket is a significant development.
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
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 South African Social Security Agency has cancelled its tender for a service provider to handle the cash payment of welfare grants to millions of poor people, according to social development minister Susan