The South African Post Office (Sapo) says it is on track to pay social grants on behalf of the South African Social Security Agency (Sassa) by April 1 2018. An agreement was signed between Sassa and Sapo late in 2017 which will see the latter providing electronic banking services, including corporate control accounts, special disbursement accounts, on-boarding of new beneficiaries, and the biometric authentication of beneficiaries. In 2014, the Constitutional Court ruled that the contract Sassa signed with Cash Paymasters Services (CPS) in 2012 was illegal and invalid. In 2017, the Court suspended its order until March 31 2018, to give the social development department and Sassa time to hire a new provider. However, last week, Sassa approached the Court to request an extension of the suspension of invalidity of the CPS contract. "This is to allow Sassa to phase out CPS and phase in a new service provider. The reason for this development is that the contract with CPS ends at the end ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.