South African Govt's About-Turn on Worker Pensions
For a second year in a row President Jacob Zuma's government has been forced to backpedal on provisions in the Tax Amendment Act that compels workers to put two-thirds of their provident fund savings in a retirement annuity.
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South Africa:
Govt Backtracks On New Tax Changes
News24Wire, 18 February 2016
For a second year in a row President Jacob Zuma's government is forced to backpedal on provisions in the Tax Amendment Act that compel South Africans to put two-thirds of their… Read more »
President Jacob Zuma
InFocus
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New legislation imposing restrictions on workers who want to cash in their pensions early has drawn the wrath of the government's union allies, But Finance Minister Pravin Gordhan ... Read more »