Following what transpired in a stakeholders meeting held on February 25, 2014 at Imperial Royale Hotel during a meeting which the Permanent Secretary and Secretary to the Treasury had recommended in an earlier meeting to consider the proposals in the Retirement Benefits Sector Liberalization Bill to enable concrete proposals to be made on the Clauses of the Bill on which stakeholders had concerns, Keith Muhakanizi has now come out to clear the air on what is being said that the bill had been withdrawn from parliament.
In a document circulated to media houses Muhakanizi says, “I want to clarify that I did not recommend the shelving nor withdraw of the bill from Parliament as reported in the media. Since the Ministry of Finance which sponsored the bill has not recommended withdrawing or shelving of the bill, the bill remains a property of Parliament and will not be shelved or withdrawn, but will wait until the small technical committee selected during the said meeting submits its recommendations on the Clauses of the Bill.
