Browsing: Net1 UEPS Technologies

South Africa plans to bring in a new welfare payments system over the next two years and hasn’t yet signed a new interim contract with Net1 UEPS Technologies, the government said on Sunday. Cash Paymaster Services, a unit of Net1, will

President Jacob Zuma ordered the country’s social development and finance ministers to ensure that welfare payments are made to beneficiaries on 1 April, the day after a distribution contract with Net1 UEPS Technologies is due to expire. Zuma held talks

Social development minister Bathabile Dlamini said she took responsibility for the failure of the country’s welfare department to comply with a ruling by the nation’s top court. The constitutional court in 2013 said a contract between the

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

South Africa’s welfare agency said it withdrew its application to the nation’s highest court to extend a payment distribution contract with Net1 UEPS Technologies the day after it filed it. That’s added to

Government is facing a legal demand that a planned renewal of a welfare distribution contract with Net1 UEPS Technologies should be supervised by South Africa’s top court after the state failed

The head of South Africa’s welfare agency defended his decision to initiate talks with the Post Office as a contingency plan in case a contract to distribute grants with Cash Paymaster Services, a unit of Net1

The dispute over South Africa’s social grant system and threatening millions of vulnerable beneficiaries with non-payment creates risks that go far beyond interrupting poor people’s access to desperately needed grants. The failure of the South African

Government is considering a one-year extension to a contract with Net1 UEPS Technologies to make welfare payments to 17,2m people even after legal battles with the company, according to a government official with knowledge of