Outgoing CEO Herman Kotzé will remain a consultant for the company until the end of May next year.

The officials were sentenced for defrauding the state of almost R1.2 million in a well-orchestrated manipulation of the agency’s system.

The South African Social Security Agency opens its system to approved beneficiaries of the COVID-19 grant, allowing them to alter banking details online.

The Directorate for Priority Crime Investigation says the accused were plotting to pillage SASSA by hacking into the social security agency’s system.

The agency’s switch to an updated database sees an additional one million applicants approved for the R350 social relief grant.

The citizen engagement platform will assist SASSA in managing frequently asked questions about the R350 relief grant, via WhatsApp and Facebook Messenger.

The agency switches to an updated database after discovering declined applicants actually do qualify for the R350 relief grant.

The South African Post Office’s cashless ATMs reach Limpopo province, as part of efforts to decongest current SASSA payment points.

The SASSA/SAPO-branded social grant payment cards become a target for fraud, with over 22 000 fraud cases reported in the past financial year.

For the year, the fintech company generated R206 million in cash, translating into a cash conversion rate of 100% of trading profit.

The agency says as soon as the vetting processes are completed, the payments will start rolling out at a faster pace.

The impact of the coronavirus pandemic leads to disruptions in Net1’s day-to-day activities.