Postbank initially told beneficiaries their Sassa gold cards would expire in December but announced on Tuesday that holders would now be able to use them to get paid beyond December.
The provincial Education Department said it was trying to get the occupants, living in approximately 110 informal homes near Cathkin High School since 2018, off the land.
Naidoo serves on the Monetary Policy Committee - which decides on interest rates in the country and, his second five-year contract was due to end in March 2025.