CPS’s Serge Belamant hoping for Thursday ruling on social grants
‘But if Sassa doesn’t transfer money to us in four working days before payment then we are in trouble‚ then we can’t place all our cash orders’
Cash Paymaster Services (CPS) CEO Serge Belamant attended the Constitutional Court case brought by Black Sash to ensure social grants are paid on April 1 and hopes there will be a judgment on Thursday. He told TMG Digital that although CPS had said in court papers that grants would be paid late if the contract with the SA Social Security Agency (Sassa) was not signed on Wednesday‚ there were about two days more grace. But he wanted the court to rule on Thursday so that a contract can be signed and processes can be in place to begin to pay the grants. Belamant echoed his lawyer‚ Alfred Cockrell SC’s argument in court that the company cannot pay grants without a contract and an agreed price. "My board will insist on that [contract]‚" Belamant said. "It takes 12 working days for the payment process to be completed‚" he warned. "There is a little bit of play there and there [even though the contract wasn’t signed]. "But if Sassa doesn’t transfer money to us in four working days before p...
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