With the cease fire in Gaza in place, the IDF is now free to replicate its "scorched-earth" military strategy in the West Bank. For example, UNICEF reports that 143 children have been killed in ...
The KwaZulu-Natal government, through the Department of Economic Development and Ithala Bank, have approached President Cyril Ramaphosa in a desperate attempt to save the bank from liquidation.
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 shenanigans at Ithala coincide with the institution fighting for its life after a court application by the South African Reserve Bank. / Supplied Amid the ongoing legal battle to save ...
KwaZulu-Natal Treasury has decided to support Ithala Bank in its bid to challenge a provisional liquidation application. Facebook: LIVE KZN Treasury Treasury says it has submitted its own legal ...
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).
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A new bank has been enlisted to handle the transfer of SASSA recipients’ accounts. The impending liquidation of Ithala Bank has raised concerns for its 257,000 depositors, including 76,000 South ...
Ithala has been embroiled in a tug of war with the South African Reserve Bank for decades. The troubled Ithala Bank has won a court battle to recover more than R10 million in a loan advanced to a ...
PINETOWN - Customers of the troubled Ithala Bank are seeking answers amid its liquidation troubles. This was after the Prudential Authority found that the bank was insolvent and filed for ...
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 ...