The Ithala Bank crisis highlights deep-rooted issues of self-perception and legacy within black communities in South Africa, ...

MEC for Economic Development, Tourism and Environmental Affairs (Edtea) Musa Zondo echoed the bank’s assertions of solvency, ...

Here is what is happening in and affecting South Africa today: ...

The National Treasury moved swiftly on Friday to assure Ithala’s more than 257 000 retail depositors that their deposits will ...

The politicians are definitely to blame for the demise of the bank. It is definitely mismanagement, the appointment of ...

The National Treasury has assured depositors of Ithala SOC Limited that their deposits will be protected by a government ...

Ithala SOC Limited is facing the threat of imminent closure after the Prudential Authority initiated liquidation proceedings.

Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that ...

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.