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King blames ANC for troubles
The Citizen
|February 25, 2025
In a veiled reference to the ANC, Zulu King Misuzulu kaZwelithini has blamed a "certain political party" for the challenges faced by two key KwaZulu-Natal institutions: Ithala bank and the Ingonyama Trust Board (ITB).
Ithala bank is facing closure after the Reserve Bank's Prudential Authority (PA) initiated legal processes to liquidate the KZN government-owned entity.
The ITB is embroiled in turmoil due to power struggles between the king and the institution's board members.
Addressing his subjects at an imbizo in Nongoma last Friday on the challenges faced by the two institutions, Misuzulu accused a political party of destabilising both entities.
Diese Geschichte stammt aus der February 25, 2025-Ausgabe von The Citizen.
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