KwaZulu-Natal government vows to do everything in its power to make sure Ithala Bank survival

from Update@Noon · host SAfm

KwaZulu-Natal Premier, Thami Ntuli has appealed to customers of Ithala Development Bank to continue supporting the financial institution, following a recent Pietermaritzburg High Court judgement. The judgement was handed down earlier this week, after Ithala had sought an urgent court interdict against the Repayment Administrator's instruction in January, that Ithala's ABSA accounts be frozen. Speaking to the latest development's on the bank, Ntuli also highlighted the importance of investing in and supporting the institution as a symbol of provincial pride. Sakina Kamwendo spoke SABC reporter, Khalesakhe Mbense

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