Finance

Chamber of Commerce warns of economic strain as trade costs soar

By Sabri Dibaco The South Sudan National Chamber of Commerce, Industry and Agriculture has warned that high taxation, poor road infrastructure, insecurity and shortages of cash in commercial banks are worsening the country’s economic crisis and contributing to rising commodity prices. The Chamber’s chairperson, Losidik Lakak Legge, said the multiple[Read More…]

Central Equatoria Council of Ministers approves Finance Memo to strengthen State Revenue

By Louis Loku The Caretaker Council of Ministers of Central Equatoria State has approved, with amendments, a finance ministry memo on the 2026 Operations License Regulations, in a move aimed at strengthening state revenue and improving governance. The decision was made during the Council’s Ordinary Sitting No. 002/2026, chaired by[Read More…]

NATION TALK: Mining must not become a source of violence and death

Mining has become an important economic activity in South Sudan, providing people with opportunities to earn a living and support their families. However, mining areas have repeatedly been associated with violence, disputes and loss of life. This raises serious concerns about miners’ safety and the communities living around these sites.[Read More…]

Revenue Authority’s domestic tax division collects 138 billion pounds in 15 days

By Louis Laku The Domestic Tax Revenue Division of the South Sudan Revenue Authority (SSRA) collected SSP 138 billion in the first 15 days of October, as the authority’s Commissioner General called for stronger revenue mobilisation and an end to malpractice. The Acting Commissioner for Domestic Tax Revenue, Angelo Aguot,[Read More…]

South Sudan labour assessment finds 65.7% skills mismatch as youth struggle to find work

By Sabri Dibaco A labour market assessment in Northern and Western Bahr el Ghazal has found that 65.7 per cent of respondents believe their skills do not match available job opportunities, while only 17.5 per cent of surveyed micro and small enterprises have ever received financing. The findings, presented in[Read More…]

Labanya highlights Accra Convention’s role in facilitating international trade

By Sabri Dibaco South Sudan’s Caretaker Minister of Trade and Industry, Dr. Labanya Margaret Mathya, has underscored the importance of the United Nations Convention on Negotiable Cargo Documents in facilitating cross-border trade, promoting the exchange of goods and services, and ensuring timely delivery of cargo. Dr. Labanya made the remarks[Read More…]

NATION TALK: Tax collectors must wear official uniforms and identification badges

Tax collection is an important responsibility of every government because it provides revenue needed to deliver public services, build infrastructure, pay workers and support national development. However, for citizens to fulfil their tax obligations confidently, they must be able to identify the people authorised to collect taxes on behalf of[Read More…]

President Kiir briefed on IMF and World Bank engagements to advance economic recovery

By Lodu William Odiya President Salva Kiir Mayardit has received a briefing from the Caretaker Minister of Finance and Planning, Athian Diing Athian, and the Governor of the Bank of South Sudan, Dr. Addis Ababa Othow, on the outcomes of their participation in the International Monetary Fund (IMF) and World[Read More…]

Ngali Power warns of losses, plans handover of Yambio electricity operations

By Sabri Dibaco Ngali Power Company has announced plans to withdraw from electricity plant operations in Yambio due to financial difficulties, raising concerns about the continuity of power services and the need to expand electricity connections to more households. In a press statement as seen from the office of the[Read More…]

Motorists face $5,000 fine for damaging streetlights, Juba County

By Lodu William Odiya Authorities in Juba County have warned motorists against reckless driving, saying anyone who knocks down a streetlight pole will face a fine of $5,000 and three months’ imprisonment. The warning comes as the county continues efforts to improve street lighting and public safety along roads in[Read More…]

Revenue Authority warns officials over luxury spending

By Lodu William Odiya South Sudan’s revenue chief has warned public officials against using government funds to pay for expensive hotel accommodation and luxurious lifestyles. South Sudan Revenue Authority (SSRA) Commissioner General Rizig Dominic Samuel issued the warning on Monday during the launch of a training program at the authority’s[Read More…]

Experts tell Finance Ministry to repay Central Bank overdrafts

By Deng Athian Financial experts have urged the Ministry of Finance to repay outstanding overdrafts owed to the Bank of South Sudan (BoSS), saying government borrowing and excessive spending are contributing to liquidity challenges in the banking sector. Stephen Omiri Obuor, a certified accountant, said repaying the government’s outstanding obligations[Read More…]

NATION TALK: This nation must address trade barriers and secure the Juba–Nimule road

South Sudan must urgently address trade barriers and improve security along the Juba–Nimule Road to promote economic growth, protect traders, and reduce the cost of living for ordinary citizens. The Juba–Nimule Road is one of the country’s most important trade routes, connecting South Sudan to Uganda and other regional markets.[Read More…]

Uganda–South Sudan trade rises to $700 million as two countries move to deepen bilateral trade

By Lodu William Odiya Trade between Uganda and South Sudan has grown to an estimated US$700 million, up from about US$490 million in 2019, as the two neighbouring countries seek to address persistent border, infrastructure, and regulatory challenges that continue to raise the cost of doing business along the trade[Read More…]

UK says no practical funding for South Sudan’s December elections

By Lodu William Odiya The United Kingdom has said it will not provide practical financial support for South Sudan’s planned December 2026 general elections, with outgoing British Ambassador David Ashley citing the country’s competing humanitarian and development needs. Ashley said the UK wants to see elections take place but explained[Read More…]

Op_Ed: Why electronic payment is a national economic priority for South Sudan

Writer: Abraham Makuei Ayool Though South Sudan has made strides towards digitalisation, with electronic payment platforms such as MTN MoMo and mGURUSH providing ordinary citizens and businesspeople with an avenue to send and receive money, pay and be paid, and conduct various other transactions, the general lack of cash and[Read More…]

Telecom operators pledge to clear tax arrears under cash payment policy

By Sabri Dibaco Mobile Network Operators (MNOs), including Zain and MTN, have pledged to comply with South Sudan’s cash payment policy and settle outstanding tax arrears owed to the government. The commitment was made during a meeting between the Minister of Finance and Planning, Athian Ding Athian, and representatives of[Read More…]