UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 29, 2010

NET 1 UEPS TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)

Florida 000-31203 98-0171860
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

President Place, 4th Floor, Cnr. Jan Smuts Avenue and Bolton Road
Rosebank, Johannesburg, South Africa
(Address of principal executive offices)    (ZIP Code)

Registrant’s telephone number, including area code:   011-27-11-343-2000

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))


Item 5.07. Submission of Matters to a Vote of Security Holders.

The annual meeting of shareholders of Net 1 UEPS Technologies, Inc. was held on November 29, 2010. All director nominees were elected and the votes cast with respect to such elections are as follows:

      Votes     Votes     Broker  
Director     for     withheld     non-votes  

Antony C. Ball

 

 

31,881,740

 

 

2,202,110

 

 

5,635,764

 

Dr. Serge C.P. Belamant

 

 

32,083,821

 

 

2,000,029

 

 

5,635,764

 

Paul Edwards

 

 

31,882,140

 

 

2,201,710

 

 

5,635,764

 

Herman G. Kotzé

 

 

31,877,904

 

 

2,205,946

 

 

5,635,764

 

Alasdair J.K. Pein

 

 

31,891,222

 

 

2,192,628

 

 

5,635,764

 

Christopher S. Seabrooke

 

 

22,376,462

 

 

11,707,388

 

 

5,635,764

 

Tom C. Tinsley

 

 

31,311,404

 

 

2,772,446

 

 

5,635,764

 

Additionally, the following matter was voted upon at the meeting and the votes cast with respect to such matter are as follows:

    Votes cast              
                      Broker non-  
    For     Against     Abstain     votes  
                         
Ratification of appointment of independent registered public accounting firm for 2011   39,552,176     146,287     21,151     -  


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  NET 1 UEPS TECHNOLOGIES, INC.
   
   
Date: November 29, 2010 By: /s/ Serge C.P. Belamant                            
         Serge C.P. Belamant
         Chief Executive Officer