MKP’s Des van Rooyen calls on Parliament to rectify policies hindering Ithala Bank’s banking licence as the institution faces ...

He said Ithala was established to support disadvantaged ... about the plight of more than 400 employees of the bank, whose jobs are on the line. “As NEHAWU, we remain resolute in defence of ...

“The recent application by the South African Reserve Bank’s Prudential Authority to liquidate Ithala SOC Limited due to insolvency threatens over 400 jobs and disrupts financial services for ...

Should the bank close, 400 jobs could be lost. Ithala is looking for a transferee bank, on whose licence it can piggy-back, to continue operations. The bank has been a lifeline for KwaZulu-Natal ...

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 matter is ...

Listen/read: Ithala Bank’s systems called into question [Sept ... and warned that it could close down, putting 400 jobs on the line. “Ithala faces imminent closure unless government acts ...

Ithala said it was committed to preventing any shutdown of operations. The bank said the closure threatens 400 jobs and would negatively impact many, particularly those in rural areas, who depend ...

“The entity offers essential financial and non-financial support to many small and informal businesses that provide jobs ... funds made available. Ithala’s non-bank status Ithala was ...

The South African Reserve Bank's Prudential Authority has applied ... about the more than 400 workers who will lose their jobs when Ithala is forced to close its doors forever.

The bank faces the risk of being shut ... by the SARB’s Prudential Authority, to liquidate Ithala due to insolvency threatens over 400 jobs and disrupts financial services for marginalised ...