8/10 Roundup

Those interested in development or microfinance in Africa ought to check out Kabissa.org an African civil society network website and blog.

Business Standard reports on new capital standards for banks in India, presumably as a result of the liquidity problems affecting banks worldwide. Indian MFIs are struggling to meet the new standard. (more)

Banking is a tough business in the best of environments. One can only imagine how much more difficult it would be in the chaotic regulatory and economic environment of Zimbabwe. AllAfrica.com reports on the struggles of Zimbabwe’s MFIs:

According to 2008 half-year monetary policy statement, out of a cumulative 309 registered institutions only 150 were still operational.(more)