By Ngor Deng Matem The Bank of South Sudan (BoSS) on Monday commenced a five-day stakeholder workshop to review and validate the National Payment System Bill, 2025, as part of efforts to strengthen the legal and regulatory framework governing payment services in South Sudan. The workshop brings together representatives from[Read More…]
Business
Governor Adil welcomes Al Wasit mining investment initiative
By Louis Loku Central Equatoria State Governor Emmanuel Adil Anthony has welcomed an investment proposal by Al Wasit Mining Company, describing it as a significant step toward unlocking the state’s mineral wealth and promoting sustainable economic growth. Speaking during a courtesy meeting with representatives of Al Wasit Mining Company on[Read More…]
A Wake-Up Call: More women in South Sudan need to embrace banking
Writer: Ms. Catherine Lunkuse Having worked in the banking sector in South Sudan, one observation has consistently captured my attention: the significant gap between the number of men and women who actively use banking services. The disparity is striking. Far fewer women hold bank accounts compared to their male counterparts,[Read More…]
Central Bank governor directs close monitoring of tax collection
By Yiep Joseph The Governor of the Bank of South Sudan (BoSS), Dr. Addis Ababa Othow, has called for enhanced monitoring of tax collection processes to promote transparency and accountability. Dr. Addis Ababa made the remarks during a meeting with managing directors of commercial banks designated by the South Sudan[Read More…]
President Kiir warns against financial sector failures
By Louis Loku President Salva Kiir Mayardit has issued a strong warning over South Sudan’s worsening economic challenges, declaring that failures within the country’s financial sector will no longer be tolerated as he presided over the swearing-in of Dr. Addis Ababa Othow as the new Governor of the Bank of[Read More…]
Government pushes for economic reforms
By Louis Loku The Ministerial High-Level Committee on Economic Reform has announced a comprehensive 13-point resolution aimed at strengthening revenue collection, improving trade facilitation, and enhancing accountability in public financial management following a three-day stakeholders’ consultation in Nimule. The decisions were unveiled on Wednesday by the Chairperson of the Committee,[Read More…]
Security Authorities in Aweil detain a man over counterfeiting dollars
By Hou Akot Hou Security operatives in Northern Bahr El Ghazal State have been detaining a 38-year-old man in Aweil Town since July 14 over dealing in counterfeit United States dollars. Madut Ngong Aleu, the spokesperson of the police, narrated the incident to the media, saying the detained individual is[Read More…]
National government and Lobong administration harmonise tax collection at the Nimule border
By Yiep Joseph The Ministerial High-Level Committee on Economic Reforms has stepped up efforts to strengthen domestic revenue collection. The committee held a crucial meeting with Eastern Equatoria State leaders, security agencies, and revenue-collecting institutions at the Nimule border crossing. As the country faces economic challenges, the meeting is aimed[Read More…]
Reform committee begins Nimule border assessment to strengthen revenue collection
By Ijoo Bosco A high-level Government Committee on Economic Reform has arrived in Nimule to assess operations at South Sudan’s busiest border crossing as part of efforts to strengthen revenue collection and improve economic governance. The assessment aims to identify practical measures to enhance efficiency at the Nimule Border, curb[Read More…]
Can South Sudan’s elections unlock economic recovery and lasting security?
As South Sudan prepares for its long-awaited elections, expectations are high among citizens who hope the vote will mark the beginning of a new chapter. Across the country, people are asking whether elections can help solve the economic hardship and insecurity that have affected their daily lives for years. The[Read More…]
Network telecom companies declare another increment
By Yiep Joseph Mobile phone users across South Sudan will pay more for calls, internet bundles, and other telecommunications services. This came after the three major mobile network operators, MTN South Sudan, Zain South Sudan, and Digitel, declared the second phase of tariff increment. According to the statement extended to[Read More…]
States decry persistent high fuel prices despite price drop in Juba
By Sabri Dibaco Citizens across several states have expressed frustration over the continued high cost of fuel outside the capital, Juba, saying recent reductions in pump prices have not reached the rest of the state. While fuel prices in Juba dropped last week, residents in states including Western Equatoria, Upper[Read More…]
Ezra and JEDCO apply for heavy fuel tax exemption to sustain reliable electricity
By Louis Loku A sub-committee of the Ministerial High-Level Committee on Economic Reform has inspected Ezra Power Plant to assess its Heavy Fuel Oil (HFO) requirements as the government reviews the company’s request for tax exemptions aimed at sustaining electricity supply amid rising fuel costs. The inspection team was led[Read More…]
East African Central Banks to chat region’s convergence criteria
By Ngor Deng Matem Technical officials from East African central banks have convened in Kampala, Uganda, for the 29th Ordinary Meeting of the East African Community (EAC) Monetary Affairs Committee (MAC). The meeting brings together representatives from EAC Partner States, including South Sudan, Uganda, Kenya, Tanzania, Rwanda, Burundi, and Somalia,[Read More…]
UNDP ends financial oversight training for Lakes officials
By Yang Ater Yang A three-day capacity-building workshop aimed at strengthening legislative oversight of public financial management in Lakes State concluded in Rumbek. The participants called for continued investment in building accountable and transparent public institutions. The training, organised by the United Nations Development Programme (UNDP), brought together 50 participants[Read More…]
Government promises lower prices after new fuel supply
By Sabri Dibaco The government of South Sudan has announced that more than 200 fuel trucks are expected to arrive in a move aimed at addressing a worsening fuel shortage. The initiative is a response to the current situation that has pushed prices to record levels and intensified pressure on[Read More…]
OPINION: Adopt E-Banking and E-Money to ease liquidity shortages
Writer: Hon. Mogga Charles Guya South Sudan continues to experience a severe liquidity crisis characterised by shortages of physical cash, high transaction costs, limited access to financial services, and reduced confidence in the banking sector. These challenges have negatively affected businesses, public servants, traders, and ordinary citizens, slowing economic activity[Read More…]
Trader detained in Gogrial East for allegedly shooting a thief
By Hou Akot Hou Police in Gogrial East County of South Sudan’s Warrap State are detaining a man accused of shooting a suspect on Monday night at Ajibo Market in Gogrial East County after sensing that the two men (suspects) were doing a deliberate break-in at their shops. Deputy Director[Read More…]
Motorists, and commuters decry as fuel prices soar
By Sabri Dibaco South Sudanese motorists and commuters are facing renewed economic hardship following another sharp increase in fuel prices across the country. The surges witnessed petrol now selling for SSP 18,500 per litre in Juba, up from SSP 14,500. In Yambio, the capital of Western Equatoria State, a litre[Read More…]
Civil Society Coalition urges BoSS to resolve workers’ Union dispute through dialogue
By Sabri Dibaco The National Civil Society Coalition (NCSC) has called on the leadership of the Bank of South Sudan to engage the bank’s workers’ trade union in dialogue, saying negotiations remain the best way to resolve the ongoing labour dispute. In a statement, the coalition urged the central bank’s[Read More…]