A disturbing pattern of alleged profiteering and questionable practices has emerged in South Africa's financial sector, with online trading platform Banxso exposing what it describes as a ...

The Prudential Authority’s decision to file for the provisional liquidation of Ithala will result in the closure of the 257 000 depositors’ accounts while court processes are under way.

The failed company’s assets were sold to a related party of its shareholder the same day it was placed into liquidation. Liquidators of the company behind the Baby City retail chain say selling the ...

Businessman accused of reckless trading, misfeasance, improper disposition of company assets and a failure to maintain proper records Stock image A High Court judge has issued a temporary freezing ...

It said it will provide further details about the process for accessing guaranteed funds following the court’s decision on the liquidation application. KZN Treasury MEC Francois Rodgers said the ...

managing director of Barróg Healthcare Limited The owner of a major service provider for Tusla and the HSE paid almost €223,000 to a liquidator to settle claims he misappropriated cash from his ...

Ithala Bank is unique in that it is owned by the Province of KZN and it operates in rural areas rather than big cities. It has about a quarter of a million depositors but there is a move for ...

(REUTERS) The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of debt-laden Go First, bringing to an end a 20-month-long insolvency process after the grounded budget carrier ...

Massive store-closing sales will be commencing at Ricki's, cleo, and Bootlegger clothing stores across Ontario, with initial discounts on all merchandise running from 25 to 40 per cent off.

Ithala’s imminent liquidation comes after decades of attempting to get a banking licence and after it disregarded a national government directive by the Prudential Authority (PA) more than a ...

Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high. CoinGlass shows that in the past ...

Donald Trump Jr. has ruffled the feathers of some Italian animal activists, but he says he has all his ducks in a row! The activists got their beaks out of joint — and are calling fowl play ...