JOHANNESBURG - The future of Ithala Bank remains uncertain, as a tug of war over its license continues. The bank is facing an ...

The SA Reserve Bank’s Prudential Authority has applied for the liquidation of the troubled state-owned entity, Ithala Bank. However, Finance Minister Enoch Godongwana has agreed to intervene in an ...

Ithala Bank's future hangs in the balance as KZN Premier Thami Ntuli questions the ANC's claims of a successful intervention by Finance Minister Enoch Godongwana.

Ithala Bank's headquarters in Durban. Image: Ithala website Over the past few months, backers and detractors of Ithala Bank have been ventilating on the existential crisis facing the bank.

The Congress of South African Trade Unions (COSATU) commends Finance Minister, Enoch Godongwana, for his decisive intervention in ensuring that Ithala Bank is saved and no longer liquidated.

Ithala Bank's future is now secure thanks to a pivotal agreement between the ANC and national government, safeguarding depositors and laying out a comprehensive strategy for the bank's sustainable ...

ALSO READ: King organises support for troubled Ithala Bank In the Pietermaritzburg division of the High Court in May, Judge Muzi Ncube ruled that Kruger had overstepped his mandate, which relates ...

MEC Zondi exposes ANC's misleading claims regarding Ithala Bank, urging transparency for distressed customers.

While mutual banks are very small in the banking sector, with total assets of less than R4.2 billion, the impaired loans as a ...

CNBC Select compared dozens of joint bank accounts based on fees, earning rates and extra features.

A bank draft is a type of check that guarantees payment by the issuing bank after verifying the requesting customer has enough funds to cover it.