Devastation as Hundreds of Ithala Bank Staff Go Unpaid in January

UNPAID SALARIES: Over 400 employees of Ithala Bank have not received their salaries. Photo: NEHAWU KZN

Hundreds of Ithala Bank employees in KwaZulu-Natal face financial hardship and the risk of defaulting on monthly payments after Repayment Administrator (RA) Johannes Kruger, who was appointed by the Prudential Authority (PA) to oversee the bank’s affairs, failed to pay their salaries. Kruger assumed control pending an application in the Pietermaritzburg High Court to have… Continue reading Devastation as Hundreds of Ithala Bank Staff Go Unpaid in January

African Times
Exit mobile version