Finance Minister asks Big Banks to Open Accounts for Ithala Clients to Facilitate Social Grants Payments amid Liquidation Battle with Prudential Authority 

Ntuli said Ithala Bank’s clients will soon access their money. Photo: Facebook

Finance Minister Enock Godongwana has asked South Africa’s big banks to open accounts for social grant recipients who are currently banking with Ithala Bank so they could continue to get paid while the historic KwaZulu-Natal state owned institution tries to fend off a liquidation application by the Prudential Authority (PA).  This is according to Godongwana’s… Continue reading Finance Minister asks Big Banks to Open Accounts for Ithala Clients to Facilitate Social Grants Payments amid Liquidation Battle with Prudential Authority 

African Times
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