HARARE – Mauritius-based AfrAsia Bank Limited (AfrAsia) has decided to exclude its troubled subsidiary AfrAsia Zimbabwe Holdings Limited (AZHL) from the group’s consolidated accounts in a move it said will “isolate any additional risks”. This comes as the Zimbabwean financial group is facing viability challenges. Arnaud Lagesse, AfrAsia chairman, said “entities of the group will…
AfrAsia ‘quarantines’ troubled Zim unit
