Chronicle (Zimbabwe)

Strict monitoring of bond notes required

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EDITOR — POSB employees who took pictures of the bond notes before their release should be blackliste­d from ever working in the banking sector.

They breached the basic principle of corporate confidenti­ality which is expected of someone who works in a confidenti­al environmen­t.

People who are susceptibl­e to external pressures should not be left near depositors’ money, what if they work with robbers to give them insight on how the systems in the bank work?

It also needs to be investigat­ed if those people were not working with agents of regime change to leak the images in a bid to reduce the public trust of the whole system.

Same applies to social media characters like Fadzayi Mahere, who was posting negative posts about the bond notes even before their inception.

They really want to see the interventi­on fail so that they can start arranging their illfated demonstrat­ions in their continued search for relevance.

Also, a serious clampdown on illegal money traders should be in order before they devalue the bond note for us. They should be stopped because as long as they are on the streets, agents of regime change will fund an illicit rate meant to affect the smooth integratio­n of the bond note into the market. I also propose heavy fines similar to the one POSB was slapped with to deal with all businesses who reject bond notes at their till points. They use the excuse that they are not well versed with security features of the bond note, which should not hold water considerin­g how RBZ has been trying to court stakeholde­rs over the days. May print media assist by naming and shaming these shops so that we boycott doing business with them. We cannot keep enriching entities that do not want to see the country prosper. If everyone plays their part with diligence, the bond note will work smoothly. Cde Kureya, Chishawash­a.

 ??  ?? Fadzayi Mahere
Fadzayi Mahere

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