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

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.

Has it been granting credit to minors, has the repayments administrator ‘gone rogue’, is ‘the gap’ R570m or R970m? ‘There are ...

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.

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

MPs in Parliament asked why the SARB snubbed the parliamentary resolution that Ithala should be supported to become a ...

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

The Reserve Bank’s Prudential Authority’s latest move to liquidate Ithala Bank has been the subject of a heated debate on ...

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

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 ...

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

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 ...