• Net 1 UEPS Technologies Inc.
  •  Overview
  • Last Modified:
  • September 14, 2025
  • Company type:
  • Public
  • Industry:
  • Technology
  • Verified:
  • No
  • No of Employees:
  • 1 001 - 10 000
  • Stock Code:
  • LSAK
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  • Johannesburg
  • Public Interest Score:
  • 750+

 

  • Net 1 UEPS Technologies Inc.
  • General Information

Description

Net 1 UEPS Technologies Inc., now known as Lesaka Technologies, is a South African financial technology company. It is listed on both the NASDAQ (LSAK) and the Johannesburg Stock Exchange (LSK)

The company focuses on financial inclusion, providing financial services to underserved communities and merchants

Lesaka Technologies has a history of managing social grant payment systems in South Africa and Botswana.

Over the years, it has made several acquisitions, including the Connect Group in 2022 and Adumo in 2024.

The company has undergone significant changes in leadership and strategy, aiming to strengthen its corporate governance and expand its services

Kuben Pillay:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: Yes
Nonkululeko Gobodo:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: Yes
Ali Mazanderani:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: Yes
Ekta Singh-Bushell:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: Yes
Lincoln Mali:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: Yes
Steven Heilbron:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Daniel Smith:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Naeem Kola:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Anthony Ball:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Vanessa Naidoo:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Dean Sparrow:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 14571
  • Founded Year: 
  • 1997
  • Registration Number: 
  • 2002/031446/07
  • Country: 
  • South Africa
  • Stock Exchanges: 
    • Johannesburg Stock Exchange
    • NASDAQ Stock Exchange
  • Financial year end: 
  • June
  • No. of Countries operations: 
  • 2
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Date listed on Stock Exchange: 
  • 03/05/2005

 

  • Contact Information
  • Business operation: 
  • Lesaka Technologies is a publicly-traded South-African financial technology company that is listed on the NASDAQ and Johannesburg Stock Exchange. The company has managed Botswana and South Africa's social grant payment system. The company is headquartered in Johannesburg.
  • Primary office: 
  • President Place Cnr. Bolton Rd &, Jan Smuts Ave, Rosebank, Sandton, 2196

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • Gaelebale 'Gaele' Manaka
  • Reporting currency: 
  • USD
  • ISIN number (12 digit): 
JSE
US64107N2062
NASDAQ
US64107N2062
  • Authorised shares:
  • 200 000 000
  • Issued shares:
  • 58 300 000
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 0 shareholders
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Kuben

Non Executive
NationalitySouth Africa
RoleNED
Qualification BA LLB, MCJ
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Nonkululeko

Non Executive
NationalitySouth Africa
64
RoleNED
QualificationBCom, BAcc, CA(SA)
Date Appointed: 01/01/2021
Duration:
4 years and 10 months
Independance: Y
Profile
Name

Ali

Non Executive
NationalitySouth Africa
RoleNED
QualificationMSc (Economics) ; MSc (Economic History); MBA (INSEAD); Executive Master Business Law; BCom (Hons) (Economics)
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Ekta

Non Executive
NationalityAmerican
RoleNED
QualificationMSc (Electrical Engineering & Computer Science), BSc (Engineering)
Date Appointed: 01/01/2018
Duration:
7 years and 10 months
Independance: Y
Profile
Name

Lincoln

Non Executive
NationalitySouth Africa
RoleNED
QualificationMBA (Henley Business School); LLB (Rhodes University); BA (Law and Politics).
Date Appointed: 01/01/2021
Duration:
4 years and 10 months
Independance: Y
Profile
Name

Steven

Executive
NationalitySouth Africa
RoleCEO
QualificationCA(SA); BCom
Date Appointed: 01/01/2022
Duration:
3 years and 10 months
Independance: Y
Profile
Name

Daniel

Executive
NationalitySouth Africa
53
RoleED
QualificationB.Acc (Hons), H.Dip Tax, CA(SA)
Date Appointed: 01/10/2024
Duration:
1 year and 1 month
Independance: Y
Profile
Name

Naeem E.

Executive
NationalitySouth Africa
RoleED
QualificationCA(SA), BAcc, CIMA
Date Appointed: 01/01/2022
Duration:
3 years and 10 months
Independance: Y
Profile
Name

Anthony C.

Non Executive
NationalitySouth Africa
RoleNED
Qualification BCom,MPhil
Date Appointed: 01/01/2020
Duration:
5 years and 10 months
Independance: Y
Profile
Name

Vanessa

Non Executive
NationalitySouth Africa
RoleNED
QualificationCA(SA), Senior Executive Programme
Date Appointed: 01/01/2023
Duration:
2 years and 10 months
Independance: Y
Profile
Name

Dean

Non Executive
NationalitySouth Africa
RoleNED
QualificationBcom Degree, Hons in Accounting
Date Appointed: 01/10/2024
Duration:
1 year and 1 month
Independance: Y
Profile

 

Directors Tenure

Name
Duration
Name

Kuben Pillay

Duration5 years and 10 months
Profile
Name

Nonkululeko Gobodo

Duration4 years and 10 months
Profile
Name

Ali Mazanderani

Duration5 years and 10 months
Profile
Name

Ekta Singh-Bushell

Duration7 years and 10 months
Profile
Name

Lincoln Mali

Duration4 years and 10 months
Profile
Name

Steven Heilbron

Duration3 years and 10 months
Profile
Name

Daniel Smith

Duration1 year and 1 month
Profile
Name

Naeem E. Kola

Duration3 years and 10 months
Profile
Name

Anthony C. Ball

Duration5 years and 10 months
Profile
Name

Vanessa Naidoo

Duration2 years and 10 months
Profile
Name

Dean Sparrow

Duration1 year and 1 month
Profile

 

Director Experience

Name
Experience
Name

Kuben

Experience Legal
Profile
Name

Nonkululeko

Experience Financial Services
Profile
Name

Ali

Experience Financial Services, Business Services
Profile
Name

Ekta

Experience Banking
Profile
Name

Lincoln

Experience Business Services
Profile
Name

Steven

Experience Business Services
Profile
Name

Daniel

Experience Banking
Profile
Name

Naeem E.

Experience Professional Firm
Profile
Name

Anthony C.

Experience Business Services
Profile
Name

Vanessa

Experience Financial Services
Profile
Name

Dean

Experience Business Services, Investment
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed02/01/2017
Year8 years and 10 months
Profile

 

 

Company Committees

Name

Kuben Pillay

Mainboard, Audit, Remuneration BD
Profile
Name

Nonkululeko Gobodo

Mainboard, Audit, Remuneration BD, AU
Profile
Name

Ali Mazanderani

Mainboard, Audit, Remuneration BD
Profile
Name

Ekta Singh-Bushell

Mainboard, Audit, Remuneration BD
Profile
Name

Lincoln Mali

Mainboard, Audit, Remuneration BD
Profile
Name

Steven Heilbron

Mainboard, Audit, Remuneration BD
Profile
Name

Daniel Smith

Mainboard, Audit, Remuneration BD
Profile
Name

Naeem E. Kola

Mainboard, Audit, Remuneration BD, AU
Profile
Name

Anthony C. Ball

Mainboard, Audit, Remuneration BD, AU
Profile
Name

Vanessa Naidoo

Mainboard, Audit, Remuneration BD
Profile
Name

Dean Sparrow

Mainboard, Audit, Remuneration BD
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT