# The KwaZulu-Natal government calls on the public to remain calm and avoid panic over Ithala bank’s future. They reassured stakeholders that steps are being taken to protect the institution following a ruling by the High Court in Pietermaritzburg, allowing the bank to resume full operations. Economic Development, Tourism and Environmental Affairs MEC, Musa Zondi, urged depositors not to withdraw their money and criticised the South African Revenue Bank’s Prudential Authority’s claims of insolvency and non-compliance:
KZN government urges calm amid panic over Ithala bank [SOUND]
ENG ZondiOnIthalaBank