Sep 14, 2020

Cell C welcomes new Net1 representative to board

The company appoints David Shimkus to its board as one of the shareholder representatives for Net1, replacing Paul Edwards.

Aug 6, 2020

Kotzé steps down as Net1 boss

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

May 4, 2020

COVID-19 disrupts Net1 first quarter report

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

Apr 28, 2020

Value Capital Partners acquires stake in under-fire Net1

The investment firm snaps up a 13% shareholding in Net1, which is reportedly seeking to place subsidiary Cash Paymaster Services under business rescue.

Feb 16, 2020

Social grants cost post office R60m per month

The situation is so dire that the post office is considering shutting down many cash pay points around the country, says City Press.

Oct 24, 2019

Board changes at Cell C

The mobile operator makes changes to its board, including the appointment of a new chairman and board member representatives.

Sep 27, 2019

Cancelled SASSA contract hurts Cell C shareholder Net1

The company cites the termination of the social grants contract as the biggest reason for its R3.7 billion loss.


JSE threatens Blue Label with suspension over delayed results

If the company fails to submit its provisional report on or before 30 September 2019, then its listing may be suspended, says JSE.

Sep 10, 2019

Cell C shareholder Net1 delays results

The company reschedules the release of its results, seeking clarifications in respect of the proposed transactions at Cell C.


SASSA struggles to migrate all beneficiaries

The agency calls on beneficiaries to exchange old cards for new ones linked to upgraded payment systems, as it pushes to migrate over half a million beneficiaries.


Net1 clears the air about validity of social grant cards

The company says its teams will continue to service all pay points, despite SASSA payments now being fully in the hands of the post office.

Sep 28, 2018

EasyPay integrates Masterpass for smoother bill payments

The global payments company integrates its Masterpass technology into the new EasyPay app for quick payments to 600 bill issuers.

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