Browsing: DNI-4PL Contracts

Net1 UEPS Technologies has decided not to subscribe for shares in Blue Label Telecoms as part of a recapitalisation plan for Cell C, but will still pursue a planned direct acquisition of 15% of the mobile operator’s equity for R2bn

Net1 UEPS Technologies, the company whose subsidiary Cash Paymaster Services manages the payment of welfare to 17m South Africans under a controversial tender, is acquiring a 15% stake in