Lion Microfinance to resume operations

THE Reserve Bank of Zimbabwe (RBZ) this week re-licensed Lion Microfinance (Lion) to resume operations following the lifting of the micro-lender’s curatorship at the end of September. Lion was placed under curatorship in July last year on account of “undercapitalisation and weak management,” and in January this year, seasoned banker Lynn Mukonoweshuro lost a legal…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate