You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App

NEW SENS search and JSE share prices

More about the app

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]

Net1’s CPS using ‘dirty tricks’ to sabotage Post Office

25 Jun 2018 /  Ray Mahlaka   6
CPS is accused of preventing Post Office and Sassa officials from helping grant beneficiaries to sign up for the new Sassa/Post Office branded cards.

Treasury says Net1’s welfare charge is too high

2 May 2018 /  Antony Sguazzin   4
Treasury recommends that Net1 be paid 24% less than requested to pay Sassa recipients for a further six months.

ConCourt extends CPS’s social grants contract

23 Mar 2018 /  Ray Mahlaka   
The court awards the controversial social grants payer a six-month extension to its contract.

Net1 eyes fintech services after life without Sassa

14 Feb 2018 /  Ray Mahlaka    6
It plans to extend banking services to underserviced individuals, some of who are social grant recipients in far-flung rural areas.

Five things making headlines in South Africa today

9 Feb 2018 /  Moneyweb  
Net1 second quarter results, Twitter gains, MultiChoice is searching for bidders, Liberty trading forecast, and Zuma may get a lifeline.

Net1 understated profit in court report, group says

19 Nov 2017 /  Antony Sguazzin, Bloomberg   1
Empowerment transaction, bonuses classified as expenses.

Net1 reliance on CPS for profit could slow exit from grants

28 Aug 2017 /  Ray Mahlaka  
SA transaction division outperforms due to increase in grants distributed; higher ATM transactions.

IFC, Allan Gray cheer at end to Serge Belamant’s Net1 contract

3 Aug 2017 /  Ray Mahlaka    4
The big shareholders say Net1 can now focus on improving its governance issues.

Net1 UEPS terminates consulting agreement with Serge Belamant

31 Jul 2017 /  Ray Mahlaka    3
He will score R1.9 million instead of R16 million.

SA welfare minister commits to work with post office

20 Jul 2017 /  Thembisile Dzonzi, Bloomberg   2
Minister Dlamini names new acting CEO for welfare agency.

Sassa scraps minister’s advisory teams

11 Jul 2017 /  Thembisile Dzonzi, Bloomberg   3
The decision is likely to fuel tension between the agency's CEO Thokozani Magwaza and Bathabile Dlamini.

Net1 says Belamant pay justified as shareholders forced him out

2 Jun 2017 /  Aarti Bhana and Renee Bonorchis, Bloomberg   7
Company's pay committee doesn’t see ex-CEO’s deal as extravagant.

IFC, Allan Gray frustrated with Belamant’s golden handshake

1 Jun 2017 /  Ray Mahlaka    14
Both shareholders sound the alarm on Net1’s governance issues.

Net1 to pay departing CEO Belamant $8m, premium on shares

30 May 2017 /  Antony Sguazzin and Renee Bonorchis, Bloomberg   3
To be paid $50 000 a month to consult for the company.

Serge Belamant steps down as Net1 CEO

25 May 2017 /  Ray Mahlaka   7
The outspoken founder and CEO of the company takes early retirement.

Enter company name or share code:

Enter company name or share code:


Follow us:

Search Articles:
Click a Company: