As Ithala Bank faces provisional liquidation, the ANC's Nkosenhle Madlala highlights the impact of monopolies on the ...

We firmly believe that if there were no ill intentions toward dismantling Ithala, the Prudential Authority would have opted ...

Ithala SOC has R300 million ring-fenced in the provincial revenue fund that can be used by the bank to secure deposits — as ...

Emerging businesses in KwaZulu-Natal are calling on the government to intervene and prevent the liquidation of Ithala Bank, ...

While noting the challenges the institution faces, ANC KZN provincial secretary Bheki Mtolo said it is 'unfair' to liquidate ...

The Inkatha Freedom Party has slammed the decision by the South Africa Reserve Bank’s Prudential Authority to file for the liquidation of Ithala Bank SOC as ill-advised and said it would “take to the ...

Francois Rodgers, KZN Finance MEC, notes the actions of Johannes Kruger (the repayment administrator acting on behalf of the ...

PINETOWN - Customers of the troubled Ithala Bank are seeking answers amid its liquidation troubles. This was after the Prudential Authority found that the bank was insolvent and filed for ...

The scene outside Ithala Bank last week. Ithala Bank customers were seen converging on the bank’s offices in Harding Street last week and taking their place in a long queue. This after the ...

The Reserve Bank’s Prudential Authority recently applied to the Pietermaritzburg High Court for the provisional liquidation of Ithala.