KZN premier says Ithala Bank’s operations must be protected [SOUND]

# KwaZulu-Natal premier Thamsanqa Ntuli says his government remains committed to ensuring that Ithala Bank continues to serve customers, particularly in rural and underserved communities. The Pietermaritzburg High Court has ruled that the powers of the repayment administrator, Johan Kruger, are limited only to the preservation and repayment of deposits and do not extend to interference with Ithala’s non-deposit-taking operations. Ntuli says Ithala Bank’s operations must be protected: