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, ...
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 ...
Here is what is happening in and affecting South Africa today: ...
Ithala SOC Limited is facing the threat of imminent closure after the Prudential Authority initiated liquidation proceedings.
What is happening at Ithala Bank pains us as a family. My father worked very hard for that bank. Today, some people still ...
Ithala's provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under ...
Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that ...
The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...
The Inkatha Freedom Party's spokesperson Mkhuleko Hlengwa said the party opposed the liquidation of Ithala Bank, which was ...
National Treasury assures retail depositors their deposits 'will be protected by a government guarantee’ – subject to ...