"The High Court in Pretoria has found that deductions can be made from the bank accounts of social grant beneficiaries held with Grindrod. Net1 UEPS Technologies, the holding company for Cash Paymaster Services – which administers the payment of social grants – approached the court for a declaratory order regarding the government’s decision to limit direct deductions from beneficiaries’ accounts."

Read more: https://www.moneyweb.co.za/moneyweb-radio/net1-subsidiaries-right-to-make-deductions-affirmed/