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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South Africa

ANC has expressed concern over the potential liquidation of Ithala Bank

todayJanuary 21, 2025 13

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In South Africa, the ANC has expressed concern over the potential liquidation of Ithala Bank, warning that it could threaten over 400 jobs and disrupt financial services for rural communities, small businesses, and churches in KwaZulu-Natal. During the national executive committee meeting in Boksburg over the weekend, the party reaffirmed its commitment to financial inclusion and economic justice. ANC secretary general Fikile Mbalula urged the government to expedite efforts to safeguard the bank and protect workers:

 

Written by: Leonard Witbeen

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