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 liquidation of Ithala Bank will be a great loss to more than 4 000 emerging black farmers in KwaZulu-Natal, who solely depend on it to finance their agricultural business as major commercial ...

Briefing the media on Wednesday, ANC KZN Provincial Secretary Bheki Mtolo said Ithala Bank has been a lifeline for marginalised communities, particularly rural women and single mothers. " ...

CAPE TOWN - Ithala SOC faces potential liquidation after years of mismanagement and inaction. The licenced financial services provider is owned by the KZN provincial government, and has been ...

The President announced that the SIU's final report on security upgrades at his private residence in Nkandla has been submitted to Parliament (see here - PDF). The SIU has received requests to comment ...

A psyche of self-hate. The shocking reported fate of Ithala Development Bank that faces provisional liquidation is tantamount to watching helplessly a counterproductive closure of Mangosuthu ...

Picture: @MYANC/X JOHANNESBURG - The African National Congress (ANC) has tasked its economic transformation sub-committee to devise actionable plans to rescue the embattled Ithala Bank.

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 ...

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 ...

IBHANGE Ithala selithembise ukuthi lizokhipha wonke amangwevu ukuzivikela ekuvalweni kokusebenza kwalo ngemuva kwesiphakamiso sokuthi alimiswe. Ngakolunye uhlangothi Inkatha Freedom Party (IFP) ibhoka ...

Amid the decision by the South African Reserve Bank’s Prudential Authority for the provisional liquidation of Ithala SOC Limited, the KwaZulu-Natal government of provincial unity (GPU ...