Social Development Minister Nokuzola Tolashe has warned that the termination of the agreement between the South African Social Security Agency (Sassa) and the Postbank will negatively affect grant beneficiaries.

Tolashe and Sassa management appeared before Parliament’s Portfolio Committee on Social Development yesterday.

They sought to explain the effect of the termination of the Master Service Agreement between Sassa and the South African Post Office on grant beneficiaries.

Tolashe has appealed to the South African Reserve Bank to closely monitor the migration from the Sassa gold card to the new post office’s black card.

“And we are really appealing to the Reserve Bank to put up their strategy so that we do not get involved in that. Because they have more than once indicated that it’s Sassa’s responsibility where there are financial implications. I accept that Chair … that it’s a lot of work.”

“However, I really want to emphasise that the Reserve Bank can play its game more sharply than it is. That’s my humble plea, Chair. So that in what they are saying it’s in the pipeline, it’s been tough … it’s being processed,” says Tolashe.

VIDEO | Reserve Bank briefs Parliament on expiry of Sassa- Postbank agreement: