THERE is something seriously wrong with our psyche as black people, which seems to have sustained irreparable and irreversible damage. A psyche of self-hate. The shocking reported fate of Ithala ...
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 ...
ITHALA (SOC) Bank has revealed its financial details, insisting that it is solvent. The details are contained in the urgent interdict application which was filed by Ithala last week. In the ...
The Prudential Authority’s decision to file for the provisional liquidation of Ithala will result in the closure of the 257 000 depositors’ accounts while court processes are under way.
The National Treasury has assured depositors of Ithala SOC Limited that their deposits will be protected by a government guarantee after the Prudential Authority (PA) announced it had filed papers ...
The National Treasury said it will take all the necessary measures to protect more than 250 000 clients affected by the liquidation of Ithala SOC Limited. This comes after the South African ...
KwaZulu-Natal Premier, Thamsanqa Ntuli, has described Ithala SOC as a key institution and beacon of hope in advancing economic transformation and promoting inclusive growth. Ntuli held a meeting ...
This evening we look at the markets with Sasfin Wealth, we speak to Corusca Consulting about Ithala’s solvency being called into question. The FSCA joins us to discuss new warnings issued in the ...
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 Congress of South African Trade Unions (COSATU) in KwaZulu Natal is deeply distressed about the impending liquidation of KZN-based Ithala SOC. The South African Reserve Bank's Prudential ...
Ithala Bank is unique in that it is owned by the Province of KZN and it operates in rural areas rather than big cities. It has about a quarter of a million depositors but there is a move for ...
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