March 16, 2017 / 4:01 PM / 4 months ago

BRIEF-Net 1 board issues statement on recent media reports

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March 16 (Reuters) - Net 1 UEPS Technologies Inc:

* Net1 board statement on recent media reports

* Board reiterates its commitment to assist Sassa to insource grant payment function during anticipated interim grant payment period

* Board intends to appoint a media relations agency to manage all of group's communications in future

* Notwithstanding uncertainty regarding arrangements with sassa, CPS has not reduced or downgraded its operational capabilities to deliver grants Source text for Eikon: Further company coverage:

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