Ithala’s chief executive wants policy intervention for the ‘financially sound’ institution

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With its head office based in Durban, Ithala SOC describes itself as servicing the ‘unbanked and poor’. Photo: Ithala
KwaZulu-Natal economic development MEC Musa Zondi said the ‘crisis’ at the finance institution, which had its licence suspended last week, was being addressed with urgency

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