The government’s track record of running existing state-owned financial institutions is poor. Ithala and Postbank, owned by the government, are in the dwang. The government has no money, skills or ...

South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its ...

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Stagwell TV South Africa (stagwelltv88.com) continues to unravel, with its latest attempts to buy time and extract more money from victims through fabricated tax obligations and excuses for delayed ...

Ithala Bank’s announcement of provisional liquidation has left 257,000 depositors in a state of panic, prompting urgent ...

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National Treasury assures retail depositors their deposits 'will be protected by a government guarantee’ – subject to ...

The Prudential Authority believes this action is in the best interests of the approximately 257 000 depositors of Ithala, ...

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