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LATEST NEWS FOR Net 1 UEPS Technologies Inc.  

Net 1 UEPS Technologies, Inc. (“Net1” and collectively with its consolidated subsidiaries, the “Company”) was incorporated in the State of Florida on May 8, 1997. The Company is a provider of financial technology, or fintech, products and ser... [more info]

Power, principles and profit (or lack thereof)

6 Apr 2021 /  Ann Crotty    1
A look at Tencent, Naspers/Prosus and Delivery Hero, H&M, Barloworld, the CPS/Sassa/Net1 matter, and what lies behind the third global multi-billion dollar implosion in as many months.

Net1 scoops Standard Bank’s Lincoln Mali as new Southern African CEO

9 Feb 2021 /  Suren Naidoo   3
In newly-created regional position.

CPS: Liquidation won’t be opposed by parent company Net1

2 Oct 2020 /  Larry Claasen  
Group says it has ceded control to the business rescue practitioners, so it's their call.

Cash Paymaster Services to go into liquidation

30 Sep 2020 /  Zoë Postman   7
After Sassa refuses to back down over the debt it's owed.

Pepkor unit sold unemployment cover to pensioners on welfare

28 Apr 2020 /  Antony Sguazzin, Bloomberg    4
The NCC is suing JDG Trading.

Value Capital Partners takes R580m stake in Net1

28 Apr 2020 /  Ann Crotty   5
Second-largest shareholder will use influence and voting power to promote good governance.

Blue Label shares rally on trading update

20 Sep 2019 /  Duncan McLeod   1
A rare respite for a share that has been pummelled in the past 18 months.

Can Cell C be saved?

18 Sep 2019 /  Sinesipho Maninjwa   17
A litany of poor decision-making.

SA’s unsecured loan boom leaves 40% of borrowers in default

12 Sep 2019 /  Antony Sguazzin, Bloomberg    43
Nearly 8m South Africans have taken out a combined R225bn of loans without collateral.

Five things making headlines in South Africa today

8 Feb 2019 /  Moneyweb   
Reflections on Sona, Sasol expects earnings growth, Net1 posts operating losses, rand update.

Net1 accused of overstating financial losses in Sassa fee negotiation

18 Oct 2018 /  Ray Mahlaka    4
The company’s plea for an increase to its social grant payments fee might be undermined by its profits.

SA to end controversial ties with Net1 in October

29 Sep 2018 /  Antony Sguazzin, Bloomberg   6
As the South African Post Office prepares to take over all remaining payments.

Five things making headlines in South Africa today

30 Aug 2018 /  Moneyweb  
July PPI, money supply and private sector credit supply, Santam and Net 1 results, M&R awarded new projects.

Sassa beneficiaries intensify fight over unlawful deductions

17 Aug 2018 /  Ray Mahlaka   
Vulnerable grant recipients want a court order compelling the state to protect them from exploitative deductions.

Five things making headlines in South Africa today

9 Jul 2018 /  Moneyweb  
Aton's fresh move against M&R, Tom Moyane to address media, Tharisa quarterly production, Grindrod averts Sassa demands, McKinsey to apologise to SA.

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