MEC for Economic Development, Tourism and Environmental Affairs (Edtea) Musa Zondo echoed the bank’s assertions of solvency, ...
The Ithala Bank crisis highlights deep-rooted issues of self-perception and legacy within black communities in South Africa, ...
The National Treasury moved swiftly on Friday to assure Ithala’s more than 257 000 retail depositors that their deposits will ...
The National Treasury has assured depositors of Ithala SOC Limited that their deposits will be protected by a government ...
Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that ...
Ithala SOC Limited is facing the threat of imminent closure after the Prudential Authority initiated liquidation proceedings.
SARB: The silent assassin of African-led financial institutions. 17. The uMkhonto weSizwe Party ("MK Party") is outraged and deeply alarmed by the unfolding sabotage ...
The EFF, ActionSA, and NEHAWU condemn the SARB's decision to liquidate Ithala SOC Limited, highlighting the risks to ...
Ithala's provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under ...
News24 has learnt that the Pietermaritzburg High Court heard Ithala’s urgent application to challenge its provisional ...
The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...
Press Release - The Congress of South African Trade Unions (COSATU) in KwaZulu Natal is deeply distressed about the impending liquidation of KZN-based Ithala SOC.