Cash Paymaster Services (CPS), the company contracted by the South African Social Security Agency (Sassa) to pay social grants until 2018, might have to pay back about R1bn in profits according to the ...

Cash Paymaster Services director Serge Belamant used a thinly veiled black front to win a R10-billion South African Social Security Agency (Sassa) contract. Then he quietly dumped these black partners ...

Wednesday’s finding authored by Judge Robert Nugent upheld a lucrative contract to Cash Paymaster Services for the payment of grants to 15-million South Africans. Read the full judgment here Losing ...

The High Court has ordered the liquidation of Cash Paymaster Services (CPS), which used to pay out social grants under contract to the SA Social Security Agency (Sassa). Sassa says it intends to ...

President Jacob Zuma’s personal lawyer, Michael Hulley, who is also presidential legal adviser, played a major behind-the-scenes role in the controversial awarding of a massive social grants tender, ...

Before it was booted out of SA’s lucrative social grant payment system, which has more than 16 million recipients, the SA payment processing division of JSE-listed Net1 was highly profitable due to ...

Digicel Financial Services, a subsidiary arm of Digicel Group, is seeking to expand services under its MyCash unit, including the addition of international money transfers in Jamaica through Paymaster ...

Sassa is trying to recover R380 million from CPS. The Auditor-General flagged two payments to CPS as material irregularities. The contract with Sassa was extended in 2017 when Bathabile Dlamini was ...

Hon Mr Justice Jones handed down last Friday the long-awaited judgment in the case of Paymaster (Jamaica) Limited v Grace Kennedy Remittance Services Limited and Paul Lowe. Paymaster had sued Grace ...