Over the past five years it has recorded a pre-tax profit of R1.1-billion, Cash Paymaster Services has told the ConCourt.
Cash Paymaster Services is on its own after the social grant agency withdrew from the case
Magda Wierzycka might be the richest woman in SA but she hasn’t lost sight of those with very little
The two biggest Net1 investors admit to CPS worries, but disagree on scale and severity.
Under the Concourt ruling and the public’s wary gaze, the agency has yet to conclude its request for proposals
Presumably out of the best of motives, World Bank’s investors have put money into a company whose behaviour looks like it is fleecing the poor.
Although the Teflon minister remains unscathed, misleading Parliament may come back to bite her.
Standing inside the Constitutional Court on Wednesday, Belamant spoke candidly to the Mail & Guardian during a 15-minute break in proceedings.
Dlamini did not apologise for her late submission, but instead said she had ‘made every reasonable effort to comply with this court’s directives’.
The social welfare agency could not answer pointed questions on the grants crisis by 4pm and said the court cannot dictate how much it should pay CPS.
Dlamini and Sassa have for several months insisted that grants would be paid on time, but have never said how that would be achieved.
Magwaza says he believes that Bathabile Dlamini has done all she can to secure grants. He backed the minister to remain in office.
Grant recipients are often at a loss about who they are dealing with, which makes them vulnerable
An affidavit filed by the social grants distributor details the correspondence between the company, Sassa and the social development minister.