Browsing: Cash Paymaster Services

Post Office CEO Mark Barnes has pulled a trump card in the state-owned enterprise’s fight for a contract with the South African Social Security Agency to distribute social grants. Negotiations between Sassa and the Post Office have

Although the South African Social Security Agency has given the Post Office an offer to distribute social grants, a scathing report by a panel of experts and the auditor-general has warned that incumbent Cash Paymaster Services

Net1 UEPS Technologies, the group whose subsidiary, Cash Paymaster Services, controversially manages South Africa’s welfare payments system, has terminated the services of its former CEO, Serge Belamant, it said on

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

Social development minister Bathabile Dlamini bypassed officials at the country’s welfare department and helped create a crisis that would ensure that Net1 UEPS Technologies would continue to distribute payments on behalf of the government

The International Finance Corp, a member of the World Bank Group and Net1’s largest shareholder, promises to engage with the management of the company to “promote responsible business

The constitutional court ordered South Africa’s welfare agency to extend Net1 UEPS Technologies’ contract to distribute grants to the poorest third of the nation’s people for a year to avoid a “potential catastrophe” and

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

President Jacob Zuma refused to take action against his welfare minister, saying there is no crisis in the nation’s social grants system even as the cabinet apologised for the “anxiety” caused