Browsing: Net1 UEPS

News
Net1 CEO not concerned about Sassa challenge

The CEO of Net1 UEPS Technologies, which has the contract to distribute South Africa’s R129bn in annual welfare payments, said he isn’t “remotely concerned” about the outcome of a court case that could stop deductions for services such as funeral

News
Black Sash intervenes in Net1 case

Government is facing a counter legal challenge in a dispute with Net1 UEPS Technologies with a rights group demanding that it protect welfare recipients from companies that are allegedly selling the nation’s poorest

News
Sassa breached constitution: Net1

South African welfare-grant distributor Net1 UEPS Technologies said a state agency has breached the constitution by amending regulations to prevent deductions from the payments to some of the country’s

In-depth
Controversy still dogs Sassa tender

The 16,9m people receiving welfare payments from South Africa’s government into bank accounts should have the right to choose between financial services companies, according to the country’s central bank. A contract awarded by the South

News
Sassa to file charges against Net1, Grindrod

The South African Social Security Agency, which oversees the payment of welfare grants to more than 16m people, said it will on Wednesday file a criminal case against Grindrod and a unit of Net 1 UEPS

News
Net1 headed to court over grants overhaul

Electronic payments company Net1 UEPS Technologies has launched a court challenge of a government decision to limit direct deductions from social grants. Net1 division Cash Paymaster Services won a R10bn grants tender

Podcasts
TalkCentral: Ep 142 – ‘Dr Who?’

We’re back after a lengthy break, and we have a bumper episode lined up for your listening pleasure. Your hosts Duncan McLeod and Regardt van der Berg chat about Net1 UEPS Technologies CEO Serge Belamant’s fake degree, the latest on MTN in Nigeria and government’s

News
Net1 CEO Serge Belamant had fake PhD

JSE- and Nasdaq-listed technology company Net1 UEPS Technologies on Friday issued a statement to shareholders saying its long-serving chairman and CEO, Serge Belamant, was duped into thinking he had a PhD. In a statement issued on the

In-depth
Best and worst performing tech shares in 2015

Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months

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