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Watch – SA Reserve Bank wants to shut down Ithala SOC – Here’s why

Watch – SA Reserve Bank wants to shut down Ithala SOC – Here’s why
The Prudential Authority of the SA Reserve Bank is seeking to liquidate KZN-based Ithala SOC due to serious concerns about the state-owned lender’s financial health. In this video, Daily Maverick's Pieter-Louis Myburgh unpacks for Scorpio the recent court application and investigates a questionable Ithala loan.

https://www.youtube.com/watch?v=6GXHL0kbZN8

Reporting by: Pieter-Louis Myburgh
Filmed by: Bernard Kotze
Produced by: Emilie Gambade
Edited by: Rufaro Chiswo
Animation by: Rufaro Chiswo
Sub-edited by: Ian Wolstenholme

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