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Exhibit 10.32
1 December 2006
Att: Chief Executive
Officer
Cash Paymaster Services
(Northern) (Proprietary) Limited
19A Schoeman Street
Polokwane
Dear Sirs,
GRANT PAYMENT SERVICE PROVIDER
CONTRACT FOR LIMPOPO PROVINCE
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1
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As you are aware, the South
African Social Security Agency (“ SASSA ”) came
into being on 1 April 2006 through the coming into force of the
South African Social Security Agency Act, Act No. 13 of 2004 (the
“ SASSA Act ”). As a result of the coming into
force of the SASSA Act, the function of the payment of grants, and
the responsibility and accountability therefore, now lies with
SASSA. As a service provider involved in the payment of grants to
beneficiaries this affects your contract to provide these
services.
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2
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In particular, we refer to the
contract entered into between the Limpopo Provincial Government,
Department of Health and Social Development (the “
Department ”) and Cash Paymaster Services (Northern),
(Proprietar
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