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

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

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 ...

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

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

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 ...

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.

The repeated failure of state-owned entities over the last 30 years proves that South Africa’s government has no place ...

National Treasury assures retail depositors their deposits 'will be protected by a government guarantee’ – subject to ...

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