Overview

• SASSA said the extension is to give executive authorities time to deliberate on issues between the two entities, according to spokesperson Paseka Letsatsi.
• Postbank CEO Nikki Mbengashe said the agreement did not end on 30 September and beneficiaries can continue using Postbank Black Cards and SASSA Gold Cards without disruption.
• The Gauteng High Court struck Postbank’s urgent bid to stop termination from the roll for self-created urgency, and Postbank has indicated it intends to seek relief from the Constitutional Court.
• SCOPA chair Songezo Zibi urged the committee to act immediately, and Black Sash warned ongoing problems could push beneficiaries toward accounts with unsubsidised fees.
• About three million people receive grants via Postbank under the 2018 agreement that shields them from charges, and Postbank has warned that without it beneficiaries could face specific account and withdrawal fees.