The ANC and its allies in KwaZulu-Natal plan to protest outside the Pietermaritzburg High Court against the Prudential ...
The government’s track record of running existing state-owned financial institutions is poor. Ithala and Postbank, owned by ...
Here is what is happening in and affecting South Africa today: ...
Ithala faces possible liquidation after it has failed to heed repeated warnings from the Prudential Authority.
SARB: The silent assassin of African-led financial institutions. 17. The uMkhonto weSizwe Party ("MK Party") is outraged and deeply alarmed by the unfolding sabotage ...
The Ithala Bank crisis highlights deep-rooted issues of self-perception and legacy within black communities in South Africa, ...
The Reserve Bank’s Prudential Authority recently applied to the Pietermaritzburg High Court for the provisional liquidation ...
The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...
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.
Amid the decision by the South African Reserve Bank’s Prudential Authority for the provisional liquidation of Ithala SOC Limited, the KwaZulu ...
The National Treasury has assured depositors of Ithala SOC Limited that their deposits will be protected by a government ...
The NEC welcomed the report of the National Working Committee presented to the NEC by the Secretary-General, dealing with the challenges the ANC is facing in Gauteng and KZN particularly in relation ...