Brief: Net 1 UEPS Gets Court Order On Determining Fees & Payment Between CPS And SASSA

Lesaka Technologies

07/12/2018 05:14

Dec 7 (Reuters) - Net 1 UEPS Technologies Inc  UEPS.O :
    * GOT ORDER FROM CONSTITUTIONAL COURT REGARDING
DETERMINATION OF
FEES & PAYMENT BETWEEN CO'S UNIT AND SASSA  
    * FILED URGENT APPLICATION ON AUGUST 22 WITH COURT TO OBTAIN
COURT'S ENDORSEMENT OF TREASURY RECOMMENDED RATE OF PAYMENTS
    * CONSTITUTIONAL COURT HAS NOW ORDERED THAT IT WILL NOT
CONSIDER
URGENT APPLICATION BY CO
    * LOOK FORWARD TO ENGAGING WITH SASSA TO FINALIZE
REMUNERATION IN
ACCORDANCE WITH TREASURY RECOMMENDATION FOR 6-MONTH PERIOD
ENDING SEPT 30

Source text for Eikon:  ID:nJseG0001a 
Further company coverage:  UEPS.O 

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