Desperate for money, social grant recipients borrow from a surprising source
“I received my money yesterday but it’s already finished.”
Source: ewn.co.za
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Desperate for money, social grant recipients borrow from a surprising source
“I received my money yesterday but it’s already finished”
Source: groundup.org.za
Net 1 starts to turn around SA operations
May 7, 2021 Net 1 UEPS Technologies has reported an increase of approximately 27 000 EasyPay Everywhere (EPE) account holders, accouncing its third quarter results. During the period, the group saw a non-cash increase of $10,8-million, before tax effect, in the fair value of investment in MobiKwik. It also sold its entire interest in Bank Frick for $30-milliom. Net 1 reduced its IPG operating loss from $3,2-million in Q2, 2021, to $1,2-million in Q3, 2021, excluding the impact of the $3,6-million once-off payment to terminate all arrangements with Bank Frick and settle all related liabilities...
Source: it-online.co.za