Postbank

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Background

Local

SASSA extends validity of expired gold cards

Following several concerns raised by the South African Social Security Agency (SASSA) grant beneficiaries about their gold cards expiring at the end of 2024, SASSA said beneficiaries should be rest assured that they will have access to their grants. Speaking on VOC Breakfast on Tuesday morning, Paseka Letsatsi SASSA national spokesperson said SASSA has extended the validity of the gold cards until their new system has been rolled out. “Grant […]

today12 November 2024

Local

Postbank dismisses fake news affecting SASSA gold card users

By Loushe Jordaan Gilbert The South African Postbank has dismissed fake news circulating on social media, requesting South African Social Security Agency (SASSA) gold card holders to switch to using a South African Bank card account to access their grants. Speaking on VOC Breakfast on Wednesday, Postbank spokesperson Bongani Diako said beneficiaries should contact the Postbank if they need clarity around grant payouts. “We have noticed a recent spike in […]

today9 October 2024

Local

Sassa gold cards not expiring in December – says Postbank

By Ragheema Mclean The South African Postbank has assured all South African Social Security Agency (Sassa) grant beneficiaries that their gold cards will continue to work and not expire in December. While thousands of gold cards will expire and have already expired, they will still be fully operational in 2024. Speaking on the VOC Breakfast show on Monday, Postbank spokesperson Dr Bongani Diako said that Sassa beneficiaries should be aware of scammers […]

today11 December 2023

Local

SASSA Gold cardholders receive reprieve as expiry concerns dispelled

By Lee-Yandra Paulsen In a recent announcement, Postbank sought to quell concerns regarding the expiration of SASSA Gold cards for social grant beneficiaries. Contrary to previous expectations, SASSA Gold cardholders can now breathe a sigh of relief as their cards are set to remain functional beyond December 2023. The spokesperson for Postbank, Dr. Bongani Diako, addressed this matter during an interview with VOC Breakfast on Wednesday. Diako provided reassurance, stating, […]

today25 October 2023

News

Expired SASSA gold cards valid until December, reiterates agency

The South African Social Security Agency (Sassa) has reiterated that beneficiaries with expired gold cards should not panic, as it has extended the validity of the cards to the end of the year. The agency made the announcement amidst a last-minute rush by beneficiaries to get their cards renewed. Sassa said the extension is to ensure that beneficiaries don’t lose out on their financial grants as a result of expired […]

today7 May 2023

Local

Postbank’s supply chain mismanagement

Postbank’s interim CEO Lucas Ndala says failure to follow due procurement processes is one of the reasons for the irregular expenditure incurred at the entity. The bank is one of the entities under the Department of Communications and Digital Technologies that appeared before Parliament’s Communications Committee on Tuesday. They made virtual presentations on specific issues to the committee. Postbank which was part of the South African Post Office (Sapo) became […]

today15 March 2023

Local

National Assembly passes Postbank Limited Amendment Bill

The National Assembly has passed the South African Postbank Limited Amendment Bill on Tuesday, with objections from the Democratic Alliance (DA), Inkatha Freedom Party (IFP), United Democratic Movement (UDM), Freedom Front Plus (FF-Plus), African Christian Democratic Party (ACDP), Economic Freedom Fighters (EFF) and the African Independent Congress (AIC). The Bill will be sent to the National Council of Provinces (NCOP) for concurrence. The main object of the Bill is to […]

today1 March 2023

Local

Here’s how Postbank is gearing up to to become a state bank

Postbank is ready to take up the role of a state bank, with plans to roll out 100 new branches across the country. This is according to communications minister Khumbudzo Ntshavheni. Speaking to media this week, Ntshavheni said the bank is assessing which post office branches will be brought on board and upgrading will begin soon to develop a proper banking infrastructure. She said the bank will operate within the same […]

today12 January 2023

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