BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them artwork
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BN Edge | Lesaka is facing hard questions. Ali Mazanderani is answering them

Oct 23, 2026 · 37:46

Lesaka grew out of Net1, whose subsidiary's social grants contract ended up before the Constitutional Court. Now it wants to take deposits from the same grant recipients it lends to. In a follow-up to their strategy conversation, Alec Hogg put the harder questions to executive chairman Ali Mazanderani: who carries the legacy of Cash Paymaster Services, what borrowers really pay on a R5,000 loan, a…