KZN shifts Ithala from crisis to cleanup as payouts progress and accountability loom
Daily Maverick | 13.04.2026 04:32
Premier Thamsanqa Ntuli’s administration said in a media statement issued on Saturday, 11 April 2026, that it was making “measurable progress” in stabilising Ithala Development Finance Corporation (IDFC) and its deposit-taking arm, Ithala SOC Limited. The numbers suggest movement — but also reveal the scale of the problem.
