NEW: Zuma found out about Cosatu objections after he signed tax bill

When President Jacob Zuma signed the Taxation Laws Amendment Act late last year he wasn’t aware 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.

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