Mukuru banks on new products, technology

 Mukuru continued to maintain a strong capital position. Mukuru’s core capital position was US$5,1 million as at March 31, 2025, above the current minimum regulatory capital of US$5 million.

MUKURU Financial Services Zimbabwe (Mukuru) is targeting to turn to profitability in the next 12 months, driven by increased wallet activities and the rollout of new products. This comes as the deposit-taking microfinance bank made a loss after tax of ZWG20,2 million during the 15 months to March 31, 2025. Mukuru chairman, Bongai Zamchiya, said…

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