through parliament last week despite stiff opposition, saying extra revenue measures were needed to help deal with growing debt repayments, and fund job-creating initiatives.
The court granted the suspension in a case brought by an opposition senator seeking a declaration that certain parts of the law should be stopped on grounds that they are unconstitutional. "I'm satisfied that the application meets the test for conservatory orders," said Justice Mugure Thande in a copy of initial orders in the case, adding that the matter will come up again on July 5.
The law, which is known as the finance act, was set to double the fuel tax to 16% and introduce a 1.5% housing levy for all employees.Our Standards:
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kenya: Levy exposes the grim in-fights among cement firms - The Africa Report.comThe silent in-fights among Kenya’s cement manufacturers have reached a tipping point, following the introduction of a new levy to discourage imports of cement clinker – a material essential to the production of cement – from the National Treasury earlier this month.
Source: TheAfricaReport - 🏆 29. / 55 Read more »
Kenya: Prepare for Protests From July 7 - OdingaAzimio leader Raila Odinga has vowed to mobilise street demonstrations from July 7 to protest the Finance Bill assented to by President William Ruto.
Source: allafrica - 🏆 1. / 99 Read more »
Prototype mild-hybrid Toyota Hilux teased testing in Kenya | The Citizen🌍🚗 Toyota unveils its prototype mild-hybrid Hilux in Kenya. The iconic Hilux gets an eco-friendly boost with a 48-volt mild-hybrid system, reducing emissions and improving efficiency by up to 10% 💚💪 MotoringNews TheCitizenMotoring
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Kenya: Ruto proposes more cuts to rescue ‘ailing’ national health insurance scheme - The Africa Report.comKenya: Low earners who have been paying Ksh500 monthly will have a reduction in fees of up to Ksh300 to access health services, which is welcomed by clothes seller Irene Kavindu. Report by abusovictor
Source: TheAfricaReport - 🏆 29. / 55 Read more »
Illegal access to data a serious threat to AfricaIllegal access to data biggest threat to African businesses according to research by Liquid C2.
Source: ITWeb - 🏆 45. / 51 Read more »
Morning showers and partial sunshine - Friday weather forecastGood morning, Cape {town} Etc family! Today will start with a morning shower, followed by partial sunshine throughout the rest of the day:
Source: CapeTownEtc - 🏆 17. / 63 Read more »