Ithala Bank employees express outrage over unpaid salaries linked to the freezing of bank accounts by the South African Reserve Bank, as legal actions loom.

The KwaZulu-Natal government, through the Department of Economic Development and Ithala Bank, have approached President Cyril ...

Amid the turmoil, Finance MEC Francois Rodgers – who also leads the DA in KZN – has filed opposing legal papers ahead of two significant court hearings over Ithala Bank's future.

A week after the KwaZulu-Natal government announced it had approached President Cyril Ramaphosa in a desperate attempt to ...

Leaders unite to oppose the imminent liquidation of Ithala Bank, highlighting its vital role in supporting KwaZulu-Natal’s ...

The ongoing saga of Ithala SOC Limited, a vital bank for KwaZulu-Natal's communities, raises serious concerns as Parliament ...

The Prudential Authority has filed papers in the Pietermaritzburg High Court for the provisional liquidation of Ithala. The Prudential Authority believes this action is in the best interests of ...

Francois Rodgers, KZN Finance MEC, notes the actions of Johannes Kruger (the repayment administrator acting on behalf of the Prudential Authority) put at risk Ithala depositors, workers, suppliers and ...

The High Court in Pietermaritzburg will hear Ithala Bank’s application for an interdict on Tuesday.

The SIU has been instructed to probe officials of embattled KwaZulu-Natal government-owned entity Ithala bank for ...

“We will not allow Ithala Bank to suffer the same fate as VBS ... said it had applied to the Pietermaritzburg high court for the provisional liquidation of Ithala SOC, insisting this was in ...

Ithala SOC has R300 million ring-fenced in the provincial revenue fund that can be used by the bank to secure deposits — as required by the South African Reserve Bank’s Prudential Authority — the ...