Ithala Bank’s potential liquidation raises alarms among the Democratic Alliance and traditional leaders, who warn of devastating consequences for rural communities reliant on its services.

A Durban businessman who claims the embattled Ithala Bank owes him R13-million for his “spying” services has painted a ...

Ithala Bank’s employees face uncertainty as the court postpones a critical decision on their salary payments amid the bank’s liquidation troubles.

Founded in 1952 as a development finance institution (DFI) with a focus on serving underprivileged communities, Ithala Bank ...

JIMMY MOYAHA: We’re taking a look at an interesting update. We are looking at the Ithala saga. This is the KZN bank – or the bank that had somewhat of a bank exemption licence to operate at ...

ALSO READ: KZN government, Ithala Bank in a pickle as application removed from court roll The SIU will investigate serious maladministration concerning Ithala’s affairs. It will focus on ...

READ | ANC says the liquidation of Ithala bank is 'unfair' Analysts are not surprised by these developments citing inadequate efforts to address management and financial issues. According to Owen ...

Viewing Ithala Bank as an indispensable structure of the Zulu kingdom – carrying historical, cultural and economic significance – King Misuzulu kaZwelithini has joined the fight against its ...

The Prudential Authority, a regulator under the South African Reserve Bank (SARB), said it believes this action was in the best interests of the approximately 257 000 depositors of Ithala ...

The bank was supposed to be in the Pietermaritzburg ... usurped the authority of the SOC’s board and management. It is this ruling that Ithala was to ask the court to enforce on Tuesday.

While Ithala Bank management has failed in their duties to keep the exemption licence in place, there has been no evidence produced to date of intentional criminal activity. This was the view of ...