Supreme Court

Supreme Court denies Trump request to block $2 billion foreign-aid payment

Supreme Court denies Trump request to block $ 2 billion foreign-aid payment

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A divided Supreme Court on Wednesday turned down a request by the Trump administration to lift an order by a federal judge in Washington, D.C., that had directed the State Department and the U.S. Agency for International Development to pay nearly $ 2 billion in foreign-aid reimbursements for work that has already been done.

In a brief unsigned opinion, the court noted that the Feb. 26 deadline for the government to make the payments had already passed. It instructed … Read the rest

Civil Law

The in duplum rule does not apply to late payment interest on arrear pension fund contributions owed by participating employers

Since 2020, most retirement funds have been faced with a situation where participating employers have failed to comply with section 13A of the Pension Funds Act, 1956 (PFA), by either underpaying employer or member contributions or not paying at all. The non-payment of contributions attracts late payment interest in terms of section 13(7) of the PFA.

It is against this background that the Financial Sector Conduct Authority (FSCA) repealed Regulation 33, which governed payment of pension fund contributions and … Read the rest