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Stock Market & Financial Investment News

News Breaks
December 4, 2012
10:00 EDTUEPSNet 1 UEPS falls 49.5%
Net 1 UEPS is down 49.5%, or $3.88, to $3.96
News For UEPS From The Last 14 Days
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December 5, 2014
12:10 EDTUEPSNet 1 UEPS says court extends SASSA tender deadline to February 2015
Net 1 UEPS Technologies provided a further update on the SASSA tender process. Following the submission of further affidavits and arguments, the South African Constitutional Court issued directions on December 5 stating: SASSA must; extend the deadline for the submission of bids to February 27, 2015; finalize its proposed amendments to the RFP by December 15, 2014 and file a copy of the draft amended RFP with the Court by December 20; circulate the draft amended RFP to all litigating parties and all the other bidders by December 20; issue a bidder's notice calling upon all bidders to furnish objections or questions to the draft amended RFP to SASSA by January 15, 2015. The court said the litigating parties may, if they so choose, file further short affidavits in the application itself by January 20, 2015 and may, if they so choose, file further written submissions, not longer than 20 pages, on any issue that may remain after the process set out has been completed, by January 27, 2015.

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