Latest articles on 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

​Net1 scores in social grant ruling

The company gets the go-ahead to debit the accounts of social grant beneficiaries.

Money Magda kicks Net1 butt

Magda Wierzycka might be the richest woman in SA but she hasn’t lost sight of those with very little

Net1’s tentacles everywhere

Grant recipients are often at a loss about who they are dealing with, which makes them vulnerable

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Latest

ConCourt asked to rule that Zuma must testify for 10 days next year

It is Zondo's legal end game and will leave the former president, his supporters and those implicated in state capture to increasingly play fast and loose at imputing political motive to the commission

This is how the SIU catches crooks

Athandiwe Saba talked to the Special Investigating Unit’s Andy Mothibi about its caseload, including 1 000 Covid contracts

FNB dragged into bribery claims

Allegations of bribery against the bank’s chief executive, Jacques Celliers, thrown up in a separate court case

Press Releases

Dr Sumy Thomas: Deciphering the human puzzle, from the inside out

The Discovery Foundation MGH Fellowship Award recipient for 2020 will focus on internal medicine, particularly the endocrine system of patients affected by HIV

Touching lives through innovation

Africa has a high youth population that adapts to technology quickly, and this phenomenon is something which should be taken advantage of

Festive Reading

In The Whistleblowers, Mandy Wiener talks to a wide range of the people who have revealed corruption and malfeasance in government and business

Centre for Women & Gender Studies

The CWGS aims to resuscitate the histories of African women from all walks of life in an intellectual cleansing/ukuhlambulula of her story

Greening the Future

The awards are a way of encouraging progress and celebrating those who wake up every day and work to make this country a better more sustainable place

Failing to learn the lessons? The impact of Covid-19 on a Broken and Unequal Education System

If the president was serious about fixing basic education, he would appoint his most competent minister with a powerful mandate to start fixing it

National Science and Technology Forum

It's an independent SETI platform, an essential element of an active democracy and an important part of the collaboration process needed in SETI

Milestones over the NSTF’s 25-year history

The organisation celebrates its Silver Jubilee as an established player in the NSI and as promoter and influencer of SET and innovation in South Africa