NET1

Net1 subsidiary goes to court to compel Sassa to pay grants into its accounts

Moneyline claims that the South African Social Security Agency has moved beneficiaries to the South African Post Office against their will

Bathabile Dlamini slapped with court costs, possible perjury probe

The Constitutional Court has ruled that Bathabile Dlamini is personally liable for 20% of costs of last year's Sassa debacle

SA waits on information regulator

The process of setting up the new body to help safeguard our democracy has met with obstacles

Grants back in court

In May last year the high court ruled that CPS could continue to deduct money for airtime, loans and electricity from social grant beneficiaries

President must move grant payment to Treasury to ensure payment on April 1

A panel of experts expects Sassa to renege on its Constitutional mandate to pay grants to over 10-million recipients.

CPS wants ConCourt to clarify it can still be awarded tenders to pay grants

CPS argues no party during the court process suggested that it should be barred from participating in any future tenders in regards to grant payment.

How Cell C was bought with its own airtime

The airtime deal is hiding in a complex web involving controversial new majority shareholders Blue Label Telecoms and Net1

How Serge beat Net1’s shareholders

But there is still hope for a precedent that will keep companies honest

Net1 to pay outgoing CEO Serge Belamant a cool R263-million

From this Wednesday, the company will pay him a salary of some R660 000 per month to work for at most a half-day for up to two more years

For Net1 a big profit is a big problem

For years Net1 had been criticised about its financial dealings with grant recipients, such as selling them life insurance.

EXCLUSIVE: CPS made R1-billion profit paying social grants

Over the past five years it has recorded a pre-tax profit of R1.1-billion, Cash Paymaster Services has told the ConCourt.

CPS to face R317m claim on its own

Cash Paymaster Services is on its own after the social grant agency withdrew from the case

Latest

From the archives: For the first time, an insiders’ account of the Third Force

Two young gangsters give an horrific account of how they were encouraged, equipped and trained to carry out violence against ANC-linked targets by the security forces.

Ramaphosa bets big on infrastructure to boost economy

Sona was a mixed bag but there were some meaningful announcements

Stranded commuters say Ramaphosa’s rail promises ring hollow

Cape Town’s largest passenger rail line has been closed for months, hitting people’s pockets and adding to road traffic congestion

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it