The scene outside Ithala Bank last week. Ithala Bank customers were seen converging on the bank’s offices in Harding Street last week and taking their place in a long queue. This after the ...
The National Treasury has moved to assure the retail depositors of Ithala SOC Limited that their deposits will be protected by a government guarantee, subject to the conclusion of the necessary ...
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 ...
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.
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 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 authority confirmed the move in a statement on Thursday, saying it “believes this action is in the best interests of the approximately 257 000 depositors of Ithala, as the appointed ...
CBSE Class 12 Physics Revision Notes: CBSE Class 12 Physics Notes are essential study materials for students preparing to appear in the CBSE Class 12 Physics board examination 2025. Also for ...