Deductions from social grants: how it all works
As the South African Social Security Agency prepares to negotiate a new social grants payment contract with Cash Paymaster Services (CPS), Erin Torkelson unpacks the way CPS parent company Net1 is using the payment system to benefit its subsidiary companies by exploiting vulnerable rantees. A new contract with CPS, therefore, would amount to grievous betrayal of Sassa beneficiaries.