Net1 bets big on SA informal economy – CEO Chris Meyer on its R3.7bn acquisition of the Connect Group
Nasdaq and JSE-listed fintech business Net1 announced a “transformational” deal, acquiring the Connect group for a whopping R3.7bn.
Nasdaq and JSE-listed fintech business Net1 announced a “transformational” deal, acquiring the Connect group for a whopping R3.7bn.
South Africa’s Constitutional Court ordered the nation’s welfare agency to extend Net1 UEPS Technologies contract to distribute grants to more than 17 million beneficiaries for a year to avoid a “potential catastrophe” and slammed the government’s handling of the matter.