Senior ANC leader enters Ithala Bank fray, defends its role in economic transformation
As Ithala Bank faces provisional liquidation, the ANC's Nkosenhle Madlala highlights the impact of monopolies on the ...
How Ithala Bank’s liquidation threatens rural economies
Ithala Bank’s potential liquidation raises alarms among the Democratic Alliance and traditional leaders, who warn of ...
Mail & Guardian2d
Ithala has R300 million ring-fenced to secure deposits, says KZN treasury
Ithala SOC has R300 million ring-fenced in the provincial revenue fund that can be used by the bank to secure deposits — as ...
Black farmers call for action to prevent Ithala Bank liquidation
Emerging businesses in KwaZulu-Natal are calling on the government to intervene and prevent the liquidation of Ithala Bank, ...
The Citizen3d
Ithala clients queue to get their cash
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 Prudential Authority filed an application in the ...
eNCA on MSN6d
ANC says the liquidation of Ithala bank is 'unfair'
While noting the challenges the institution faces, ANC KZN provincial secretary Bheki Mtolo said it is 'unfair' to liquidate ...
Mail & Guardian2d
IFP will take to the streets to defend Ithala, says Hlabisa
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 ...
Moneyweb3d
KZN Treasury at loggerheads with Sarb over Ithala
Francois Rodgers, KZN Finance MEC, notes the actions of Johannes Kruger (the repayment administrator acting on behalf of the ...
The South African on MSN1d
What will happen to SASSA beneficiaries with frozen bank accounts?
Here is what will happen to SASSA grant beneficiaries with frozen bank accounts so that they can receive payments.
eNCA5d
Ithala bank customers seek answers as liquidation looms
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 ...