The National Treasury has assured retail depositors of Ithala Bank Limited that their deposits will be protected by a government guarantee, subject to the conclusion of the necessary technical work. This follows the Prudential Authority's application for provisional liquidation of the Bank. Ithala Bank has meanwhile threatened to take legal action against the application for its liquidation, which would put 400 jobs and more than 250-thousand depositors into jeopardy. Sakina Kamwendo spoke to Chartered Accountant and Independent Analyst Khaya Sithole.

The National Treasury has assured retail depositors of Ithala Bank Limited that their deposits will be protected by a government guarantee, subject to the conclusion of the necessary technical work. This follows the Prudential Authority's application for provisional liquidation of the Bank. Ithala Bank has meanwhile threatened to take legal action against the application for its liquidation, which would put 400 jobs and more than 250-thousand depositors into jeopardy. Sakina Kamwendo spoke to Chartered Accountant and Independent Analyst Khaya Sithole.

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Khaya Sithole, Chartered Accountant and Independent Analyst, says the situation at iThala Bank underscores leadership failures and highlights the urgency of resolving banking compliance issues.

March and March founder Jacinta Ngobese-Zuma has called on government to declare a state of emergency to address illegal immigration in South Africa. She wants refugee applications halted and mass deportations of undocumented foreign nationals to begin immediately. Speaking during a media briefing last night, Ngobese-Zuma says underfunding of the Border Management Authority is a major concern and warned South Africa is on the verge of collapse. She accused government of provoking violence and said authorities are "itching for violence" to test their power. Ngobese-Zuma added that if demands are not met, "they will see". For reaction, we spoke to Deputy Government Spokesperson, William Baloyi.

March and March founder Jacinta Ngobese-Zuma has called on government to declare a state of emergency to address illegal immigration in South Africa. She wants refugee applications halted and mass deportations of undocumented foreign nationals to begin immediately. Speaking during a media briefing last night, Ngobese-Zuma says underfunding of the Border Management Authority is a major concern and warned South Africa is on the verge of collapse. She accused government of provoking violence and said authorities are "itching for violence" to test their power. Ngobese-Zuma added that if demands are not met, "they will see". For reaction, we spoke to Deputy Government Spokesperson, William Baloyi.

March and March founder calls on government to declare a state of emergency to address illegal immigration in South Africa.

BOSA leader Dr. Mmusi Maimane says failed governance and corruption in countries like Zimbabwe, Uganda and Mozambique are driving South Africa's immigration crisis. Speaking at Constitution Hill on Africa Day, he outlined a five-point plan to strengthen border security and immigration management. Dr. Maimane urged more funding for the Border Management Authority, faster processing of asylum seekers and stricter enforcement of deportations. He also condemned xenophobic violence while calling for accountability from both government and employers who exploit undocumented workers. We spoke to Dr. Mmusi Maimane

BOSA leader Dr. Mmusi Maimane says failed governance and corruption in countries like Zimbabwe, Uganda and Mozambique are driving South Africa's immigration crisis. Speaking at Constitution Hill on Africa Day, he outlined a five-point plan to strengthen border security and immigration management. Dr. Maimane urged more funding for the Border Management Authority, faster processing of asylum seekers and stricter enforcement of deportations. He also condemned xenophobic violence while calling for accountability from both government and employers who exploit undocumented workers. We spoke to Dr. Mmusi Maimane

BOSA leader Mmusi Maimane blames South Africa's immigration crisis on poor governance

National Assembly Speaker Thoko Didiza has released the list of MPs nominated to serve on the Phala Phala impeachment committee. Most parties met Friday's deadline, while the ANC submitted its nine members and one alternate over the weekend. The PAC and GOOD party opted out, citing that their sole MPs serve in the executive. The PA and Al Jama-ah have confirmed their participation. The Committee follows a Constitutional Court ruling requiring Parliament to probe prima facie evidence against President Cyril Ramaphosa over the 2020 robbery on his Phala Phala farm in Limpopo.We spoke to  MP and DA Spokesperson on Justice & Constitutional Development, Advocate Glynnis Breytenbach, who has also been nominated to serve on the Phala Phala impeachment committee

National Assembly Speaker Thoko Didiza has released the list of MPs nominated to serve on the Phala Phala impeachment committee. Most parties met Friday's deadline, while the ANC submitted its nine members and one alternate over the weekend. The PAC and GOOD party opted out, citing that their sole MPs serve in the executive. The PA and Al Jama-ah have confirmed their participation. The Committee follows a Constitutional Court ruling requiring Parliament to probe prima facie evidence against President Cyril Ramaphosa over the 2020 robbery on his Phala Phala farm in Limpopo.We spoke to&nbsp; MP and DA Spokesperson on Justice &amp; Constitutional Development, Advocate Glynnis Breytenbach, who has also been nominated to serve on the Phala Phala impeachment committee

Khaya Sithole, Chartered Accountant and Independent Analyst, says the situation at iThala Bank underscores leadership failures and highlights the urgency of resolving banking compliance issues.

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