Browsing: Net1

Net1 UEPS CEO Herman Kotzé has downplayed the cash crunch faced by its social grant-distributing subsidiary Cash Paymaster Services, yet fears are growing that nearly two million elderly and disabled beneficiaries might

The South African Social Security Agency has cancelled its tender for a service provider to handle the cash payment of welfare grants to millions of poor people, according to social development minister Susan

Social development minister Susan Shabangu has suspended the tender process aimed at securing a new distributor for the country’s social security cash payments for millions of people, after G4S lodged a

Cell C will list on the stock market, possibly as soon as 24 months from now, according to the mobile operator’s CEO, Jose Dos Santos. Speaking to TechCentral this week, Dos Santos said the company has pencilled in late 2019

Social security agency Sassa wants to give Net1 subsidiary Cash Paymaster Services (CPS) more powers in the distribution of social grants if its invalid contract is extended for an additional six months from

Net1 UEPS Technologies, the parent company of social grants distributor Cash Paymaster Services, plans to roll out banking services to underserved consumers – some of whom are social grant recipients – after its

The Post Office will take over the distribution of welfare grants from current service provider Net1 UEPS Technologies, minister in the presidency Jeff Radebe said on Sunday. The agreement between the South Africa

Altron chief financial officer Alex Smith will step down at the end of February 2018 to take up the same role at Net1 UEPS Technologies. Smith had been at Altron for 12 years. Smith replaces Herman Kotze as CFO