kwazulu natal treasurylatest news & developments
Ithala SOC has R300 million ring-fenced in the provincial revenue fund that can be used by the bank to secure deposits — as required by the South African Reserve Bank’s Prudential Authority — the KwaZulu-Natal treasury has said in court papers

Ithala has R300 million ring-fenced to secure deposits, says KZN treasury

The bank does not have a solvency and liquidation problem, according to the department head

  • Des Erasmus
6 min read

DA’s Francois Rodgers advocates for strict compliance, clean audits in KZN treasury budget vote

Rodgers, the new finance MEC, said he would cut subsistence and travel by 25%. In the last financial year, under the ANC, R1 billion was spent on S&T

  • Des Erasmus
3 min read