The post office has clinched a payments contract with the South African Social Security Agency (Sassa) to start distributing social grants to 17-million South Africans from April next year. But the South Africa Post Office’s (Sapo’s) Postbank will not be the only vendor licensed to pay grants — there will be three other avenues that can be used in this hybrid model system that will be phased in over five years.
Sapo CEO Mark Barnes talks to Business Day TV’s Alishia Seckam about the ins and outs of the new Sassa deal.
