Social development minister Bathabile Dlamini bypassed officials at the country’s welfare department and helped create a crisis that would ensure that Net1 UEPS Technologies would continue to distribute payments on behalf of the government
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The World Bank’s International Finance Corp said it’s pressing Net1 UEPS Technologies to complete an assessment of its lending practices this year as human rights organisations allege that the
Social development minister Bathabile Dlamini admitted for the first time that the failure of her department to comply with a 2014 court order could have led to more than 17m welfare recipients not getting their
Allan Gray, the second biggest shareholder in Net1 UEPS Technologies, said it will work with the company’s board after it highlighted concerns about its communication with its investors
The International Finance Corp, a member of the World Bank Group and Net1’s largest shareholder, promises to engage with the management of the company to “promote responsible business
President Jacob Zuma will chair an interministerial committee set up to ensure social grants are paid to recipients on time…
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