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Zulu King urges gov't and finance minister to restore Ithala Bank's license, suspended by FSCA for financial soundness.
Zulu King Misuzulu kaZwelithini urges the KwaZulu-Natal government and Finance Minister to restore Ithala Bank's suspended licence, as the FSCA suspended it due to financial soundness requirements failure.
The king believes the bank's services are essential for rural and township entrepreneurs in the region.
Ithala Bank is allowed to continue providing financial services for existing businesses while seeking a reconsideration of the FSCA's decision through the Financial Services Tribunal.
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Zulu King insta al gobierno y al ministro de finanzas a restaurar la licencia del Banco Ithala, suspendida por la FSCA por solidez financiera.