JSE-listed Net1 UEPS Technologies, the company running South Africa’s disputed social grants system, on Thursday announced plans to expand its operations in the UK with the establishment of a new subsidiary called Zazoo. Zazoo, headed by MD
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Leading payment systems provider Net1 has ignored demands by the minister of social development to stop lending to social grant recipients and is continuing to grant loans to some of the country’s poorest citizens. Net1 UEPS Technologies wholly owns Cash Paymaster Services (CPS), which in 2009 was awarded a tender to distribute R10bn worth of social
A solar-powered lamp, which doubles as a cellphone charger and as a fully fledged Wi-Fi hotspot, could soon bring safe lighting to poor users in South Africa and elsewhere on the continent. The next model, also due for release soon, will offer wireless broadband. The “solar jar” project is the