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

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 ...

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.

Ithala's provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under ...

News24 has learnt that the Pietermaritzburg High Court heard Ithala’s urgent application to challenge its provisional ...

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.

Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that ...

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

What is happening at Ithala Bank pains us as a family. My father worked very hard for that bank. Today, some people still ...