A major dispute has unfolded surrounding the future of Ithala Bank, a provincially owned financial institution facing liquidation, with the KZN government seeking a R2.2 billion...
The Umkhonto weSizwe Party (MKP) has launched a scathing critique of South Africa’s major banks, accusing them of failing to transform and exploiting their monopoly over...
South Africa is witnessing, in real-time, the calculated destruction of black banking institutions. The recent liquidation of Ithala Bank is not just another corporate failure—it is a symbol...
Protests erupted outside Ithala Bank’s offices in Port Shepstone on Wednesday as the Inkatha Freedom Party (IFP) made their opposition clear to the planned closure of...