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Ithala SOC

Ithala has R300 million ring-fenced to secure deposits, says KZN treasury
Politics
/ 28 January 2025

Ithala has R300 million ring-fenced to secure deposits, says KZN treasury

The bank does not have a solvency and liquidation problem, according to the department head

By Des Erasmus
Ithala Bank wins court battle – and control of its finances and operations
Politics
/ 18 November 2024

Ithala Bank wins court battle – and control of its finances and operations

The judge says the bank is not a Ponzi scheme and cannot be stripped of it non-banking powers

By Paddy Harper
Ithala’s chief executive wants policy intervention for the ‘financially sound’ institution
Business
/ 27 August 2024

Ithala’s chief executive wants policy intervention for the ‘financially sound’ institution

KwaZulu-Natal economic development MEC Musa Zondi said the ‘crisis’ at the finance institution, which had its licence suspended last week, was being addressed with urgency

By Des Erasmus

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