Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * International Value Advisers, LLC	2. Date of Event Requiring Statement (MM/DD/YYYY) 1/30/2020	3. Issuer Name and Ticker or Trading Symbol NET 1 UEPS TECHNOLOGIES INC [UEPS]
(Last)        (First)        (Middle) 717 FIFTH AVENUE, 10TH FLOOR	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                          ___X___ 10% Owner _____ Officer (give title below)        _____ Other (specify below)
(Street) NEW YORK, NY 10022       (City)              (State)              (Zip)	5. If Amendment, Date Original Filed(MM/DD/YYYY)	6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2644224	I	See Footnotes (1)(6)
Common Stock	2281099	I	See Footnotes (2)(6)
Common Stock	102872	I	See Footnotes (3)(5)(6)
Common Stock	255757	I	See Footnotes (4)(5)(6)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:
(1)	Shares of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. held directly by IVA Worldwide Fund, a series of IVA Fiduciary Trust ("IVA Worldwide"). International Value Advisers, LLC ("IVA") serves as the investment adviser of IVA Worldwide.
(2)	Shares of the Issuer held directly by IVA International Fund, a series of IVA Fiduciary Trust ("IVA International) and together with IVA Worldwide, the "Mutual Funds". IVA serves as the investment adviser of IVA International.
(3)	Shares of the Issuer held directly by IVA Global Fund (Delaware), L.P. ("IVA Global"). IVA serves as the investment adviser to IVA Global and is the managing member of IVA Global's general partner.
(4)	Shares of the issuer held directly by IVA Overseas Master Fund, L.P. ("IVA Overseas") and together with IVA Global, the "Partnerships". IVA serves as the investment adviser to IVA Overseas and is the managing member of IVA Overseas's general partner.
(5)	IVA, as the managing member of the Partnerships' general partners may be deemed to have an indirect pecuniary interest in the general partners' proportionate interest in the Shares of the Issuer owned directly by the Partnerships.
(6)	Charles de Vaulx and Charles de Lardemelle, as co-Chief Investment Officers and managing members of IVA may be deemed to have an indirect pecuniary interest in their proportionate interest in the Shares of the Issuer owned by the Mutual Funds and Partnerships. Each of IVA, Mr. de Vaulx and Mr. de Lardemelle disclaims Section 16 beneficial ownership of the Shares of the Issuer held directly by the Mutual Funds and Partnerships except to the extent of their pecuniary interest therein.

Remarks: IVA serves as investment adviser to certain unaffiliated separately managed accounts (the "Managed Accounts"). IVA only receives an asset-based management fee from advising the Managed Accounts and therefore does not have any pecuniary interest in the Shares of the Issuer held directly by the Managed Accounts.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
International Value Advisers, LLC 717 FIFTH AVENUE 10TH FLOOR NEW YORK, NY 10022		X
DE VAULX CHARLES 717 FIFTH AVENUE, 10TH FLOOR NEW YORK, NY 10022		X
DE LARDEMELLE CHARLES 717 FIFTH AVENUE, 10TH FLOOR NEW YORK, NY 10022		X

Signatures
Charles de Vaulx, Managing Member		2/7/2020
**Signature of Reporting Person		Date
Charels de Vaulx		2/7/2020
**Signature of Reporting Person		Date
Charles de Lardemelle		2/7/2020
**Signature of Reporting Person		Date