No quorum in National Assembly for vote on crucial finance bill

The National Assembly was not able to adopt the Financial Matters Amendment Bill, an omnibus bill amending several pieces of legislation on Tuesday night because it was one vote short of a quorum.

Voting on the bill was deferred to a later date but time is running out as the National Assembly ends its work for the current parliament on March 20. The adoption of the measure was urged by Reserve Bank governor Lesetja Kganyago and the Banking Association SA.

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