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.

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 ...

ANC KZN convenor Jeff Radebe confirms Ithala Bank will not be liquidated, preserving its critical role in supporting local economies, small businesses, and vulnerable communities across KwaZulu-Natal.

While mutual banks are very small in the banking sector, with total assets of less than R4.2 billion, the impaired loans as a percentage of total advances sit at 12.8%.

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

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.

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

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Closing a bank account is free and easy to do online, in person, or over the phone as long as the account is in good standing and you don't have any existing debts.