COMPANY COMMENT: Thankfully, top court oversees grants saga
Another possibility was the creation of a public-private partnership and then the complete separation of CPS from Net1’s financial service providers
South Africans owe the Constitutional Court a debt of gratitude. In all spheres of life, the court seems to be cleaning up after other people. Anyone who watched Social Development Minister Bathabile Dlamini in Parliament on Wednesday would hold the court in special regard. The minister was there to explain her plan for the distribution of social grants after March 2018. There was talk of workstreams and the need to invest in expertise. And, amazingly, there was talk of the handover taking five years and costing about R6bn. It was all a bit confusing. It was as though Dlamini knew nothing of the Constitutional Court ruling in March. But of course she did. During her session before the social development portfolio committee, she took the opportunity to dismiss the court as being influenced by the media. That said, Dlamini’s presentation in Parliament resonated more with the contents of the teleconference hosted by Net1 CEO Serge Belamant last Friday than with the court’s ruling. Addr...
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