ithala insolvencylatest news & developments
Ithala’s provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under way. (Photo: Ithala)

Ithala liquidation: Government guarantees depositors’ funds

The bank said the closure threatens 400 jobs

  • Des Erasmus
3 min read
Ithala’s provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under way. (Photo: Ithala)

Ithala faces liquidation amid insolvency concerns

Ithala’s provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under way

  • Aarti Bhana
3 min read