for subscribers

Radebe: Zuma heard of Cosatu objections after he signed tax bill

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
Jeff Radebe (Netwerk24)
Jeff Radebe (Netwerk24)

Cape Town - When President Jacob Zuma signed the Taxation Laws Amendment Act late last year he was unaware of Cosatu’s objections with regard to the proposed annuitisation of provident fund benefits.

“The concerns were only brought to the president’s attention after he had signed the bill,” said Minister in the Presidency Jeff Radebe.

At a post-cabinet briefing on Thursday morning Radebe had to field a barrage of questions from journalists about the postponement of the provident fund rules in the legislation.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.20
(-0.25)
ZAR/GBP
20.40
(-0.01)
ZAR/EUR
18.42
(-0.06)
ZAR/AUD
11.29
(-0.13)
ZAR/JPY
0.15
(+0.06)
Gold
1835.48
(-0.24)
Silver
24.14
(+0.55)
Platinum
1061.00
(+3.78)
Brent Crude
48.78
(+0.95)
Palladium
2336.01
(+1.71)
All Share
59419.37
(+0.80)
Top 40
54500.04
(+0.61)
Financial 15
11646.83
(+2.17)
Industrial 25
79758.36
(+0.10)
Resource 10
57015.33
(+0.70)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 384 votes
No, I did not.
52% - 949 votes
My landlord refused
27% - 500 votes
Vote