PENSION PAYMENTS
Black Sash asks court to put conditions on Sassa extension
It wants a moratorium on issuing of new Easypay Everywhere bank accounts by Net1
The Black Sash has not opposed the South African Social Security Agency’s (Sassa’s) application for a six-month extension to its contract with Cash Paymaster Services (CPS) but has recommended to the Constitutional Court that a number of conditions be attached to the extension. Included in those conditions is that there must be a moratorium on the issuing of new Easypay Everywhere (EPE) bank accounts by affiliates of CPS’s holding company, Net1. On Monday Net1 informed shareholders that the court had scheduled a hearing for March 6 to consider Sassa’s application for a six-month extension, which expires at end-March 2018. "The application has not been opposed by any parties to the matter, although certain respondents have requested that the Constitutional Court considers further orders, including the repayment of any profits derived by CPS under the Sassa contract and a moratorium on the roll-out of Net1’s Easypay Everywhere product," said Net1. The Black Sash indicated that it was ...
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