Extending Net1 welfare deal unlawful – Pravin Gordhan

South Africa’s finance minister told his cabinet colleague in charge of welfare that her plan to extend a contract with a unit of Net1 UEPS Technologies Inc. would be “unlawful”.

Net1Q3 results: $0.47 EPS, SASSA tender

Net 1 UEPS Technologies, Inc. reports its third quarter 2014 results, here are some extracts from the SENS report. Highlights: Revenue and Fundamental EPS of $138 million and $0.47, a constant currency increase of 60% and 1,070% respectively; BEE transactions implemented after quarter-end, and 4.4 million shares issued to BEE partners. Net1 has held a controversial … Read more