Mail & Guardian
Mail & Guardian
ithala soc limitedlatest news & developments
Challenged: IFP leader Velenkosini Hlabisa
BLACK ECONOMY

IFP will take to the streets to defend Ithala, says Hlabisa

The SOC will be at the high court on Thursday to oppose an application for its liquidation

  • Stella Mapenzauswa
4 min read
Ithala’s provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under way. (Photo: Ithala)
BANK LIQUIDATION SOUTH AFRICA

Ithala liquidation: Government guarantees depositors’ funds

The bank said the closure threatens 400 jobs

  • Khethukuthula Xulu
3 min read