Central Bank Spreads Employment Opportunities, Services across South Sudan

By Okech Francis

The Central Bank of South Sudan is engaging all the regions of South Sudan in an expansion that will see the lender taking financial services closer to people at the grassroots and as well employing staff from among the indigenous communities.

This weekend, the Central Bank will open a branch at the border town of Nimule, ensuring more opportunities for the people in the area, according to Governor James Alic Garang.

The employment plan, Garang said, is to have all the different community leaders get people to be part of the staffs of the bank, especially support staffs including drivers, cleaners, and office messengers, among others.

That plan creates a model around the Nimule branch were employment takes precedence on ethnic diversity.

According to Garang, “Nimule is not just a financial services but we have specifically designed it to create employment for people in the area, not just one tribe, everyone is eligible.”

“We have hired from the area and nowhere else, hired the locals to work as drivers, cleaners and that is the work for them.”

Again, for quite a long period, especially with crisis, branches of the Central Bank across the country were not functional.

A current move to ensure all those branches open up operations with fully functioning vaults is another move that is very promising from the Central Bank.

Rumbek, Malakal, Wau, Yei, Aweil and all border points are places with very high bulks of money and would need the institution to be helping in keeping the bulk, safeguarding it and dispersing when needed.

This will also eliminate the risk of carrying bulk money for payment of salaries like for organize forces, nongovernmental organization staffs working in the countryside or government employees at States and grassroots levels.

Money can easily get lost when in transit on South Sudan’s poor roads or even by water of air. It always remains a huge risk.

Basically all these, coupled with other monetary reforms are very necessary in the work to impede the economic crisis in the country and turn it into growth.

South Sudanese communities must be helped to accept banking, understand how its concepts work for their own development embrace it as the best way of handling their finances and as well through which they can actively participate in the economic development of the country.

Knowledge of the banking services come with a lot of opportunities, learning how finances work, how they are handled, and how the banking sector helps individual and even community growth, with services like loans for businesses, agriculture, and many more.