CODI hits R20bn target in first year of operation – Moonstone Information Refinery
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CODI hits R20bn target in first year of operation – Moonstone Information Refinery
The Corporation for Deposit Insurance (CODI) has reached a major milestone, with the Deposit Insurance Fund (DIF) hitting its R20-billion target in its first year of operation. CODI announced the achievement in its inaugural annual report and financial statements for the year to the end of March, released this week. Launched on 1 April 2024, CODI was established to protect depositors and strengthen financial stability in South Africa. It operate…
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