Net1 terminates R645k a month consulting agreement with ex-CEO Serge Belamant

2017-07-31 16:08

Net1 has terminated its two-year consulting agreement with its former chief executive Serge Belamant, the firm has announced.

Net1: Belamant's R104m severance pay is justified

2017-06-02 16:24

Net1 UEPS Technologies’s new CEO Herman Kotze says a severance payment to former CEO Serge Belamant has been justified because they forced him into early retirement.

Net1 to pay outgoing CEO over R100m

2017-05-30 18:59

Net1 will be paying its outgoing chief executive Serge Belamant $8m or over R100m and a premium on shares.

Net1 CEO Belamant faces removal over Sassa crisis – report

2017-03-17 08:38

Net1 shareholder Allan Gray is demanding that certain actions occur at Net1 to ensure social welfare recipients receive grants or it will seek to remove the board.


Net1 appoints ombudsman to oversee future disputes

2017-06-05 18:00

Net1, the parent company of Cash Paymaster Services, has appointed an ombudsman to oversee future complaints the financial services provider may face.

Allan Gray outraged at Belamant's golden handshake

2017-05-31 11:38

Allan Gray, Net1’s second-biggest shareholder, says it has noted with outraged the financial settlement claimed by Serge Belamant upon his retirement as CEO.

Net1 founder Belamant to quit after SASSA controversy

2017-05-25 07:34

Net1 founder Serge Belamant will retire early after a storm of controversy over a contract it holds in SA to distribute billions of rands of welfare payments to 17 million people.

CPS boss adamant Sassa deal can't go through without an increase

2017-03-16 16:36

CPS boss Serge Belamant is adamant that any deal signed with Sassa must benefit his company and its shareholders.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.