By Lodu William Odiya The 10th Internal Audit Conference for East African Community (EAC) Central Banks has officially opened in Juba, bringing together delegates from Somalia, the Democratic Republic of Congo, Burundi, Uganda, Tanzania, Rwanda, and Kenya. In statement issued by the central bank yesterday, the conference focuses on data[Read More…]
Business
Business community urges bank’s governor to solve the cash crisis
By Yiep Joseph The South Sudan business community has called on the governor of Bank of South Sudan (BoSS) to solve the cash crisis, citing that it is putting businesses on their knees. The call followed the ongoing liquidity crisis where most banks operate without cash, the South Sudanese Pound[Read More…]
Domestic Tax Director: Majority of Foreign Workers Evade Tax
By Kei Emmanuel Duku The Commissioner of Domestic Taxes at the South Sudan Revenue Authority (SSRA), Chol Paul Kur, has revealed that the majority of foreign employees operating within the private and humanitarian sectors in the country are under-declaring their tax liabilities, constituting a significant loss of national revenue. Commissioner[Read More…]
Finance Minister commits to PFM implementation
By Lodu William Odiya The Minister of Finance, Bak Barnaba Chol Bak has unveiled a new reform strategy aimed at deepening economic cooperation and improving public financial management (PFM) across the country. According to statement issued by the Ministry of information Department of communication yesterday, the remark comes after meeting[Read More…]
Transport Ministry launches major reforms to boost trade and employment
By Alan Clement South Sudan’s Ministry of Transport has launched a multi-pronged reform drive aimed at strengthening its institutional capacity, cutting import costs, and improving trade links along the Northern Corridor. Speaking at a press briefing in Juba on Thursday, Minister Rizik Zachariah Hassan outlined plans to fill hundreds of[Read More…]
BoSS launches Interbank Payment and Settlement System
By Yiep Joseph The Bank of South Sudan (BoSS) has launched the country’s first Interbank Payment and Settlement System to ease transactions. According to the stakeholders, the initiative, which was officially launched on Friday, adds to the success stories toward modernization of the banking system in the Republic of South[Read More…]
Gov’t : ‘Bring your Money to the Banks’
By Yiep Joseph The government has reiterated its call on traders to deposit money into commercial banks as a liquidity crisis hits. With reports of commercial banks running out of cash, the Minister of Trade and Industry and the Governor of the Bank of South Sudan (BoSS) have made a[Read More…]
South Sudan eyes infrastructure investment to boost road connectivity, trade
By Alan Clement South Sudan has joined African leaders in Luanda, Angola, for a high-level continental forum convened under the theme “Investing in Infrastructure for the African Continental Free Trade Area and Shared Prosperity.” According to a statement from the Ministry of Finance’s press unit, the Financing for Infrastructure Development[Read More…]
Finance Ministry Disburses October Salaries on Schedule, Reaffirming Timely Payment Pledge
By Lodu William Odiya The Ministry of Finance and Planning yesterday reaffirmed its commitment to the timely payment of salaries for civil servants and the organized forces, announcing that October 2025 salaries have been successfully disbursed. In a statement issued by the ministry, officials confirmed the payments were processed in[Read More…]
Cash Crunch Hits MoMo Users As MTN South Sudan Service Fails
By Kei Emmanuel Duku MTN Mobile Money (MoMo) customers across South Sudan have been hit by a severe liquidity crisis and a widespread service failure just months after the mobile money services were introduced, effectively trapping digital funds and paralyzing small-scale commerce. The resulting outage has left many MTN subscribers[Read More…]
South Sudan to commence construction of Fiber-optic cable
By Alan Clement South Sudan is set to commence construction of a 2,400-kilometer Fiber optic cable in December, marking a transformative leap in the country’s digital infrastructure. According to statement issued by the Ministry, the announcement was made by Engineer Thomas Gatkuoth, Undersecretary in the Ministry of ICT and Postal[Read More…]
Chamber of commerce vows to support digital banking
By Deng Athian The chairman of National Chamber of commerce Mr. Ladu Lukak encouraged the business people to adopt digital banking as secure means of transactions. Lukak was speaking in a meeting convened at the Bank of South Sudan between the Governor Dr. Addis Ababa, Deputy Governor of the Bank,[Read More…]
SSNBS launches National stakeholders’ consultation on Codex, Food safety
By Jacob Onuha Nelson The Executive Director of South Sudan National Bureau for standards, Gloria Nyoka Joseph Lasu, has officially launched a National consultation on Codex and food safety workshop in Juba. Addressing the Media during the launching in Juba yesterday, Gloria stated that Codex and food safety was an[Read More…]
Manufacturers, producers cautioned against unauthorized use of SSNBS logo
By Lodu William Odiya The South Sudan National Bureau of Standards (SSNBS) has yesterday cautioned the manufacturers and producers against the unauthorized use of its official logo and quality marks on product labels. In a statement released by the Bureau, Executive Director Hon. Gloria Nyoka Joseph underscored the Bureau had[Read More…]
BoSS set to launch real-time interbank payment system
By Alan Clement The Bank of South Sudan is set to launch the South Sudan Interbank Payment Settlement System (SSIPSS), a major step toward modernizing the nation’s financial infrastructure. Central bank Governor Dr. Addis Ababa Othow described the system as a cornerstone of monetary autonomy and a critical tool[Read More…]
BoSS unveils key milestones in 3SF financial reform project
By Alan Clement The Governor of the Bank of South Sudan, Dr. Addis Ababa Othow, has announced major progress under the World Bank’s 3SF Project to strengthen national financial systems. Launched in 2024, the initiative is aimed at modernizing financial systems, improve regulatory frameworks, and build institutional capacity across key[Read More…]
BoSS vows to safeguard robust payment system
By Lodu William Odiya The Bank of South Sudan has yesterday vowed to remain firm and committed to building and safeguarding a robust national payment system that is secure, inclusive, efficient and built on a consumer trust. The statement came during a launch of MTN MoMo Fintech “Mata fekir” nationwide[Read More…]
Mayor calls for mandatory registration to regulate local economy
By Alan Clement The Mayor of Nimule Municipality, has called on local law firms and business operators to prioritize legal registration to strengthen accountability and curb exploitation by unregistered foreign enterprises. Mayor Caesar stressed that all businesses including clearance agencies, forest bureaus, Forex bureaus, mobile money operators, and money lenders[Read More…]
Customers in dilemma as cash crisis faces Momo Centres
By: Chol D. Johnson The MTN Mobile Money (MoMo) customers haveexpressed frustration over insufficient cash to withdraw or deposit. This is as a result of the ongoing liquidity crisis facing the country. Most customers expressed that despite the call to embark on electronic transaction cash withdrawal continue to be challenge[Read More…]
Trade Ministry launched awareness on harmonized African standards
By Lodu William Odiya The Ministry of trade and industry has yesterday launched awareness on implementation of harmonized African standards in South Sudan. The central theme of the event was the urgent need to standardize automotive and transport safety measures in South Sudan. Speaking at the opening remark, Atong Kuol[Read More…]