politicsweb10h
Action to be taken on Gauteng/KZN PECs – ANC NEC
The NEC welcomed the report of the National Working Committee presented to the NEC by the Secretary-General, dealing with the ...
KZN Economic Development MEC Musa Zondi questions ‘real reasons’ behind Ithala liquidation case
KwaZulu-Natal MEC Musa Zondi has expressed concerns over the provisional liquidation of Ithala Bank, revealing that the ...
Appointment of incompetent leaders, political interference cited as reasons for Ithala’s demise
The politicians are definitely to blame for the demise of the bank. It is definitely mismanagement, the appointment of ...
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Cosatu KZN Distressed By Impending Closure of Ithala [press release]
The Congress of South African Trade Unions (COSATU) in KwaZulu Natal is deeply distressed about the impending liquidation of KZN-based Ithala SOC.The South African Reserve Bank's Prudential Authority ...
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ANC tasks transformation sub-committee with devising plans to rescue embattled Ithala Bank
The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...