The government’s track record of running existing state-owned financial institutions is poor. Ithala and Postbank, owned by the government, are in the dwang. The government has no money, skills or ...
What is happening at Ithala Bank pains us as a family. My father worked very hard for that bank. Today, some people still ...
SARB: The silent assassin of African-led financial institutions. 17. The uMkhonto weSizwe Party ("MK Party") is outraged and deeply alarmed by the unfolding sabotage ...
The Ithala Bank crisis highlights deep-rooted issues of self-perception and legacy within black communities in South Africa, ...
The NEC welcomed the report of the National Working Committee presented to the NEC by the Secretary-General, dealing with the ...
The bank faces the risk of being shut down after the Prudential Authority, a regulator under the South African Reserve Bank, ...
Press Release - The Congress of South African Trade Unions (COSATU) in KwaZulu Natal is deeply distressed about the impending liquidation of KZN-based Ithala SOC.
Amid the decision by the South African Reserve Bank’s Prudential Authority for the provisional liquidation of Ithala SOC Limited, the KwaZulu ...
The National Treasury has assured depositors of Ithala SOC Limited that their deposits will be protected by a government ...
An economist says he believes the collapse of Ithala is due to mismanagement. Dawie Roodt, the chief economist at the ...
The Inkatha Freedom Party's spokesperson Mkhuleko Hlengwa said the party opposed the liquidation of Ithala Bank, which was ...
The Inkatha Freedom Party's spokesperson Mkhuleko Hlengwa said the party opposed the liquidation of Ithala Bank, which was ...