Businessman and former president of the Confederation of Zimbabwe Industries, Dr. Callisto Jokonya, has urged the government to prioritize the restoration of public trust in the banking sector. In an interview Dr. Jokonya emphasized the crucial role of functional banks in fostering a conducive environment for citizens to securely deposit their savings.
Highlighting the pivotal significance of an effective banking system, Dr. Jokonya stressed that ensuring the proper functioning of banks is paramount. He underscored that a robust banking system not only safeguards individuals’ hard-earned money but also encourages a culture of saving and investment within the populace.
A well-operating banking system serves as the bedrock of economic stability, offering reliability, security, and trust to depositors. It provides a secure platform for individuals and businesses to safeguard their funds, facilitating financial transactions, loans for entrepreneurial ventures, and long-term savings mechanisms.
