Ithala Development Finance

Ithala remains the leading empowerment financial services provider in KwaZulu-Natal and as such creates sustainable economic growth by enhancing the quality of life principally among the historically marginalised communities. This is achieved via the ongoing development in the sectors of manufacturing, commerce, tourism, small medium and micro-enterprise businesses, agribusinesses, savings, housing and insurance. Annually Ithala embraces new and exciting challenges in a quest to shift the boundaries of poverty and assist in changing the lives of people in this Province. Success is measured in numerous ways, large and small milestones that reflect the degrees to which the organisation is making a difference. The Ithala network stretches across 46 branches and agencies throughout the Province. The public office, known as the Corporate Services Centre, is located in Umlazi outside Durban, while wholly-owned subsidiary Ithala Limited, responsible for banking services, has its head office in the Durben central business district.