1
Exhibit 31.1
CERTIFICATION
OF PRINCIPAL
EXECUTIVE OFFICER
PURSUANT TO RULES 13A-14(A) AND 15D-14(A)
UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
I, Chris G.B. Meyer,
certify that:
1.
I have reviewed this
quarterly report on Form
10-Q of Net 1 UEPS
Technologies,
Inc. (“Net1”) for the
quarter ended March 31,
2.
Based
on
my
knowledge,
this
report
does
not
contain
any
untrue
statement
of
a
material
fact
or
omit
to
state
a
material
fact
necessary to
make the
statements made,
in light
of the
circumstances under
which such
statements were
made, not
misleading with
respect to the period covered by this report;
3.
Based on
my
knowledge,
the financial
statements, and
other
financial
information
included
in this
report,
fairly
present in
all
material
respects
the
financial
condition,
results
of operations
and
cash flows
of Net1
as of,
and for,
the period
s
presented
in
this
4.
I am
responsible
for
establishing and
maintaining
disclosure controls
and
procedures (as
defined
in Exchange
Act Rules
13a-
15(e)
and 15d-15(e))
and
internal control
over financial
reporting (as
defined
in Exchange
Act Rules
13a-15(f)
and 15d-15(f))
for
(a) Designed
such disclosure
controls and
procedures, or
caused such
disclosure controls
and procedures
to be
designed
under our supervision,
to ensure that material
information relating to Net1,
including its consolidated subsidiaries,
is made known to
us by others within those entities, particularly during the period in which this report
is being prepared;
(b) Designed
such internal
control over
financial reporting,
or caused
such internal
control over financial
reporting to
be
designed under our supervision, to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with genera
lly accepted accounting principles;
(c) Evaluated
the effectiveness
of Net1’s
disclosure controls
and procedures
and presented
in this report
our conclusions
about the
effectiveness
of the
disclosure controls
and procedures,
as of
the end
of the
period covered
by this
report based
on such
(d)
Disclosed
in
this
report
any
change
in
Net1’s
internal
control
over
financial
reporting
that
occurred
during
Net1’s
most
recent
fiscal
quarter
that
has
materially
affected,
or
is
reasonably
likely
to
materially
affect,
Net1’s
internal
control
over
5.
I
have
disclosed,
based
on
our
most
recent
evaluation
of
internal
control
over
financial
reporting,
to
Net1’s
auditors
and
the
Audit Committee of Net1’s Board
of Directors (or persons performing the equivalent functions):
(a)
All
significant
deficiencies
and
material
weaknesses
in
the
design
or
operation
of
internal
control
over
financial
reporting
which
are
reasonably
likely
to
adversely
affect
Net1’s
ability
to
record,
process,
summarize
and
report
financial
(b)
Any
fraud,
whether
or
not
material,
that
involves
management
or
other
employees
who
have
a
significant
role
in
Net1’s internal control over financial
reporting.
Date: May 10, 2022
Group Chief Executive Officer