Browsing: Net1

The constitutional court ordered South Africa’s welfare agency to extend Net1 UEPS Technologies’ contract to distribute grants to the poorest third of the nation’s people for a year to avoid a “potential catastrophe” and

Net1’s social grant distribution subsidiary Cash Paymaster Services has unveiled the fee it proposes to receive under an extended contract to distribute social grants. This comes after it was instructed

President Jacob Zuma refused to take action against his welfare minister, saying there is no crisis in the nation’s social grants system even as the cabinet apologised for the “anxiety” caused

Net1’s social grant distribution subsidiary, Cash Paymaster Services, continues to be coy about the amount it would be remunerated under a new contract with the South African Social Security Agency, telling the constitutional

There is now a strong possibility that the South African Social Security Agency will be weaned off its dependence on one operator which is able to dictate terms by virtue of a “closed-loop” system. This follows the news that the interministerial task team led

The crisis swirling around South Africa’s system of welfare payments to the poorest third of its people has become a game of chicken. Social development minister Bathabile Dlamini insists that Net1 UEPS Technologies

Net1 UEPS Technologies’ second biggest shareholder said that if the company concludes a new welfare distribution contract with the South African Social Security Agency it would welcome further controls on how payment

One of the ANC’s signature programmes, a welfare system for the poorest third of South Africa’s people, is in chaos. The monthly stipends are distributed to more than 17m people by Net1 UEPS Technologies, whose

National treasury will not act illegally and approve a new welfare distribution deal with Net1 UEPS Technologies unless it has been sanctioned by the country’s constitutional court, the spokesman for the country’s ruling party said