Shares in Blue Label Telecoms enjoyed a rare upswing on Friday, a day after it issued a trading update that showed its core business continues to perform well despite the ongoing woes at Cell C.
From inception, no one has made an equity return from investing in Cell C. It’s doubtful whether Jonathan Beare and his Buffet Consortium will be any different.
Net1 UEPS Technologies has become the second JSE-listed company, after Blue Label Telecoms, to delay publication of financial results because of the ongoing financial woes at Cell C.
Altron’s continued turnaround, under the leadership of CEO Mteto Nyati, delivered the best performance among technology shares listed on the JSE in 2018, TechCentral’s annual review of the sector shows.
JSE-listed Net1 UEPS Technologies and QR-code payments specialist Zapper said on Thursday that they will launch a new company, called ZappGroup Africa, to white-label and expand Zapper’s technology across Africa.
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.
South Africa’s top court ordered former social development minister Bathabile Dlamini to pay a portion of the costs related to legal processes stemming from a dispute over the country’s welfare-grants system.
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