Founded in 1952 as a development finance institution (DFI) with a focus on serving underprivileged communities, Ithala Bank ...

Leaders unite to oppose the imminent liquidation of Ithala Bank, highlighting its vital role in supporting KwaZulu-Natal’s ...

A week after the KwaZulu-Natal government announced it had approached President Cyril Ramaphosa in a desperate attempt to ...

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 ...

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 impending ...

The Inkatha Freedom Party has slammed the decision by the South Africa Reserve Bank’s Prudential Authority to file for the ...

Ithala Bank's Liquidation Sparks Parliamentary Debate Over Political Motives and Impact on 65,000 Grant Recipients.

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 ...

Francois Rodgers, KZN Finance MEC, notes the actions of Johannes Kruger (the repayment administrator acting on behalf of the Prudential Authority) put at risk Ithala depositors, workers, suppliers and ...

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 ...

Listen/read: Ithala Bank’s systems called into question [Sept 2024] Ithala, a provincial ‘bank’ that started off as a development finance agency over 65 years ago and falls under the KZN ...