He said clients are unwilling to be moved to other banking institutions as those institutions are not of their choice.

As Ithala Bank faces provisional liquidation, the ANC's Nkosenhle Madlala highlights the impact of monopolies on the ...

Ithala Bank’s potential liquidation raises alarms among the Democratic Alliance and traditional leaders, who warn of ...

Ithala SOC has R300 million ring-fenced in the provincial revenue fund that can be used by the bank to secure deposits — as ...

Emerging businesses in KwaZulu-Natal are calling on the government to intervene and prevent the liquidation of Ithala Bank, ...

The KwaZulu-Natal government, through the Department of Economic Development and Ithala Bank, have approached President Cyril Ramaphosa in a desperate attempt to save the bank from liquidation.

While noting the challenges the institution faces, ANC KZN provincial secretary Bheki Mtolo said it is 'unfair' to liquidate ...

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 ...

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 ...

The KwaZulu-Natal Treasury has thrown its weight behind beleaguered Ithala Soc Limited, which is opposing a provisional liquidation application by the South African Reserve Bank (Sarb).

The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...