Ithala Bank’s crisis: A tale of rapid growth, mismanagement, and potential recovery
Founded in 1952 as a development finance institution (DFI) with a focus on serving underprivileged communities, Ithala Bank ...
eNCA20d
Ithala bank customers seek answers as liquidation looms
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 ...
sundayworld5d
Ithala owes me R13m for my ‘spying services’
A Durban businessman who claims the embattled Ithala Bank owes him R13-million for his “spying” services has painted a ...
Mail & Guardian18d
Ithala has R300 million ring-fenced to secure deposits, says KZN treasury
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.
businesstech.co.za19d
Big update for new state-owned bank in South Africa
This allows for the creation of a Bank Controlling Company ... experiance and at least eight years in an executive or senior management role in the banking or finance sector.
Jacaranda FM9d
Parliament hears banks not transparent with fees
South African banks have yet to be sufficiently transparent over the fees they charge customers. This is what the Financial ...
The Citizen9d
Banking regulators grilled about racism and discrimination
The regulators and all the major banks were invited to brief the portfolio committee on practices in the banking sector and ...