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*Lion Microfinance Placed Under Curatorship* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ho Lion Microfinance Limited was on Friday placed under the management of a curator. This was revealed by the Reserve Bank of Zimbabwe in a statement. The statement reads: > Notice is hereby given that Lion Microfinance has today been placed under the management of a Curator, for a period of three months in terms of the Microfinance Act [Chapter 24:29]. > This follows a determination that the institution is not in a sound financial condition mainly due to critical under capitalisation and weak corporate governance. > Further, take notice that the Deposit Protection Corporation has been appointed the Curator of Lion Microfinance Limited. ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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