R2.4 bln loan requested from Treasury to secure Ithala’s deposit book
1 minute The KwaZulu-Natal government has requested a R2.4 billion loan from national treasury as a security guarantee to secure Ithala SOC Limited’s deposit book until the entity acquires a banking license. In a statement the KZN Treasury says Ithala’s 257 000 depositors haven’t been able to withdraw or deposit funds after an instruction by…
