Cash Paymaster Services, which used to pay out social grants on behalf of the South African Social Security Agency, is to go into liquidation.
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.
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
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
As social grants agency Sassa gave an update on the migration of social grant payments from Cash Paymaster Services to the Post Office, its senior management team has told parliament of plans to
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