NPO Real Democracy said that if the same level of scrutiny were applied to South Africa's major commercial banks and others, ...

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

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

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

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

The government’s track record of running existing state-owned financial institutions is poor. Ithala and Postbank, owned by ...

Ithala's provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under ...

Residents of Ingwavuma in northern KwaZulu-Natal have raised their concerns as Ithala Bank was the only bank in the small ...

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

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

The Inkatha Freedom Party's spokesperson Mkhuleko Hlengwa said the party opposed the liquidation of Ithala Bank, which was ...

The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...