Latest articles on NET1

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

Article Athandiwe Saba - 26 Nov 2018

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

Article Athandiwe Saba - 27 Sep 2018

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

Article Richard Calland - 23 Aug 2018

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

Grants back in court

Article Athandiwe Saba - 10 Aug 2018

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

Article Athandiwe Saba - 13 Feb 2018

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

Article Athandiwe Saba - 7 Feb 2018

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

Article Phillip De Wet - 25 Aug 2017

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

Article Phillip De Wet - 2 Jun 2017

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

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

Article Phillip De Wet - 30 May 2017

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

Article Phillip De Wet - 30 May 2017

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

Article Phillip De Wet - 30 May 2017

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

Article Phillip De Wet - 12 May 2017

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

Net1 scores in social grant ruling

Article Phillip De Wet - 9 May 2017

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

Money Magda kicks Net1 butt

Article Staff Reporter - 24 Mar 2017

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

Net1’s tentacles everywhere

Article Lynley Donnelly - 10 Mar 2017

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

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Latest articles on NET1

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

Bathabile Dlamini slapped with court costs, possible perjury probe

SA waits on information regulator

Grants back in court

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

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

How Cell C was bought with its own airtime

How Serge beat Net1’s shareholders

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

For Net1 a big profit is a big problem

EXCLUSIVE: CPS made R1-billion profit paying social grants

CPS to face R317m claim on its own

Net1 scores in social grant ruling

Money Magda kicks Net1 butt

Net1’s tentacles everywhere

vital information

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