As financial constraint continue to impede the successful payment of grant by South Africa Social Security Agency (SASSA), more groups have been weighing in on their request for a bail out.
The African National Congress Women League (ANCWL), has spoken vehemently against outsourcing the payment of Social grants to any of the Country’s major banks.
Some have suggested banks and the Post Office as a potential solution to the payment of grants after the expiry of the contract with Cash Paymaster Services at the end of March.
However, the courts have ruled that the tender awarded to Cash Paymaster Services by the South African Social Security Agency (Sassa) was unlawful.
In a strongly worded statement the women’s league rejected any proposal to outsource the payments to major banks‚ saying that they could not be trusted. According to them:
“The major commercial banks in South Africa have proven their untrustworthiness and greediness through various unethical behaviours which amongst others has been reported by the Competition Commission‚” said the league.
The Competition Commission on Wednesday recommended that the Competition Tribunal punish several local and foreign-owned banks operating in South Africa for price-fixing of the rand.