Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 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 * Value Capital Partners (Pty) Ltd	2. Issuer Name and Ticker or Trading Symbol LESAKA TECHNOLOGIES INC [ LSAK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    __X__ 10% Owner _____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle) ROSEBANK LINK, 173 OXFORD ROAD, 8TH FLOOR, ROSEBANK	3. Date of Earliest Transaction (MM/DD/YYYY) 12/27/2022
(Street) JOHANNESBURG, T3 2196 (City)        (State)        (Zip)	4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	12/27/2022		P		165176	A	$3.94 (1)	14915876	I	See Footnote (2)
Common stock	12/28/2022		P		223594	A	$4.25 (3)	15139470	I	See Footnote (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:
(1)	The price reported represents the volume-weighted average price of the transactions reported here. Purchase prices for the transaction reported range between $3.74 and $4.00. Full information regarding the number of shares of the common stock (the "Shares") of Lesaka Technologies Inc. ("Lesaka") purchased at each separate price will be provided to the SEC, Lesaka or its shareholders upon request.
(2)	Value Capital Partners (Pty) Ltd ("VCP") is investment manager to the Value Capital Partners H4 QI Hedge Fund, a South African collective investment scheme trust ("VCP QIHF"), and certain segregated accounts (together with VCP QIHF, the "VCP Managed Funds"). The VCP Managed Funds have appointed VCP as investment manager, providing VCP with voting and dispositive power over the Shares directly held by any of the VCP Managed Funds and therefore VCP may be deemed to be the beneficial owner of the Shares. Monde Nkosi and Antony C. Ball are minority shareholders and chairmen of VCP. Each VCP and Messrs. Nkosi and Ball disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that VCP or Messrs. Nkosi and Ball are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(3)	The price reported represents the volume-weighted average price of the transactions reported here. Purchase prices for the transaction reported range between $3.95 and $4.30. Full information regarding the number of shares of the common stock (the "Shares") of Lesaka Technologies Inc. ("Lesaka") purchased at each separate price will be provided to the SEC, Lesaka or its shareholders upon request.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Value Capital Partners (Pty) Ltd ROSEBANK LINK 173 OXFORD ROAD, 8TH FLOOR, ROSEBANK JOHANNESBURG, T3 2196	X	X
Nkosi Monde PRESIDENT PLACE, 4TH FLOOR CNR. JAN SMUTS AVENUE AND BOLTON ROAD JOHANNESBURG, T3 2196	X
Ball Antony C PRESIDENT PLACE, 4TH FLOOR CNR. JAN SMUTS AVENUE AND BOLTON ROAD JOHANNESBURG, T3 2196	X

Signatures
/s/ Samuel Sithole		12/29/2022
**Signature of Reporting Person		Date
/s/ Monde Nkosi		12/29/2022
**Signature of Reporting Person		Date
/s/ Antony C. Ball		12/29/2022
**Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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