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…]
Finance
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…]
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…]
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…]
Revenue Authority Chief calls for urgent rehabilitation of Juba-Nimule highway
By Sabri Dibaco South Sudan Revenue Authority (SSRA) Commissioner General Moun Deng Ajuet has called for the urgent rehabilitation of the Juba-Nimule highway. He cited that upgrading the country’s busiest trade corridor would speed up cargo movement, facilitate trade, and significantly increase government revenue. Ajuet made the remarks while speaking[Read More…]
BoSS staff resume work after Union engagement
By Deng Athian Staff of the Bank of South Sudan (BoSS) have resumed work after the institution’s workers’ union engaged employees and took responsibility for following up on their concerns. A source at the Central Bank told this publication that William Madut Akol, Chairperson of the BoSS Workers’ Union, informed[Read More…]
STRIKE: Central Bank staff stage sit-in over unpaid benefits
By Sabri Dibaco Staff of the Bank of South Sudan have staged a peaceful sit-in protest at the bank’s headquarters in Juba, demanding unpaid incentives, restoration of medical insurance, and settlement of outstanding benefits. According to an informed source familiar with the matter, who requested anonymity, the employees began the[Read More…]
BUDGET: Cabinet approves SSP 11.3 trillion for 2026/2027 fiscal year
By Yiep Joseph The Council of Ministers has approved 11.3 trillion South Sudanese pounds (SSP) for the 2026/2027 fiscal year. The Council of Ministers made the approval on Friday during a meeting chaired by President Salva Kiir Mayardit. According to the statement obtained from the presidential press unit, the decision[Read More…]
BoSS refutes alleged damage of SSP 3 trillion
By Sabri Dibaco The management of the Bank of South Sudan (BoSS) has refuted reports alleging that rats destroyed 3 trillion South Sudanese pounds stored in bank facilities. The institution described the information as false, fabricated, and misleading. In a press statement seen on the official page of the Bank[Read More…]
UNDP and partner hand over 72 computers to government institutions
By Sabri Dibaco The United Nations Development Programme (UNDP), in partnership with the African Development Bank (AfDB), has handed over laptop computers to key government institutions in South Sudan to enhance evidence-based policymaking, economic governance, and public accountability. In a press statement from the United Nations Development Programme (UNDP), 30[Read More…]
Western Equatoria State gears up to audit state accounts
By Sabri Dibaco The deputy governor of Western Equatoria State, Justin Joseph Morona, has confirmed his government’s commitment to transparency, accountability, and public financial management reforms following a meeting with the National Audit Chamber in Juba. Speaking during the meeting, Justin Joseph Morona said the visit aimed to strengthen cooperation[Read More…]
South Sudan seeks a stronger partnership with the African Development Bank
By Sabri Dibaco South Sudan has appealed for increased concessional financing, stronger climate resilience support, and expanded private sector investment during the African Development Bank annual meetings in Brazzaville, Republic of Congo. Delivering South Sudan’s statement on behalf of the Minister of Finance and Planning, Daniel Ayulo, the delegation thanked[Read More…]
Central Bank, Finance Ministry discuss rolling out digital payment integration
By Yiep Joseph The Bank of South Sudan (BoSS) and the Ministry of Finance and Planning have held high-level discussions in Juba on Monday over the rollout and full operationalisation of the Real-Time Gross Settlement (RTGS) system. This system is a key reform aimed at modernising the country’s payment infrastructure[Read More…]
BoSS to inject more cash into commercial banks to ease liquidity crisis
By Yiep Joseph The Bank of South Sudan (BoSS) has announced plans to supply additional physical cash to commercial banks to ease the liquidity crisis that has made it difficult for citizens to access their money. The announcement followed a high-level meeting on Tuesday between BoSS officials and managing directors[Read More…]
South Sudan’s currency is collapsing as government borrowing hits 70% of Gross Domestic Product-GDP
By Kei Emmanuel Duku South Sudan’s economy has been pushed into a state of debt distress and unsustainability as a lack of fiscal discipline, accommodated by the monetary and financial sectors, triggers a collapse of the national currency. A new World Bank Group report, titled “A Narrow Path to Recovery:[Read More…]
Revenue Authority orders end to non-humanitarian tax breaks at Mombasa port Officials from the South Sudan Revenue Authority (SSRA) hold an operational meeting at the Port of Mombasa, Kenya. The high-level delegation gathered to discuss new directives on fiscal discipline and revenue mobilization. (Photo: SSRA Media Unit) By Kei Emmanuel Duku The South Sudan Revenue Authority (SSRA) has launched a sweeping crackdown on tax waivers, ordering its officials to immediately halt all non-humanitarian exemptions at the Port of Mombasa. The directive marks a significant shift in the country’s economic policy as the government moves to recover millions in lost revenue. The order was delivered on Tuesday by SSRA Commissioner General, Hon. William Anyuon Kuol, during a high-level operational assessment in Mombasa. Accompanied by Customs Commissioner Akech Tong and a delegation of senior advisors, Anyuon told staff that the era of easy exemptions is over. “In case of any exemption that has come from last Friday up to today, you must cancel it and ensure taxes are paid. There are no more exemptions,” the Commissioner General declared. “Any exemptions already on your table should be treated as cancelled.” This decision follows the “Memo on Fiscal Discipline and Economic Recovery” recently presented by Finance Minister Dr. Bak Barnaba Chol and approved by the Council of Ministers under the chairmanship of President Salva Kiir Mayardit. Anyuon emphasized that the move is a critical part of safeguarding national funds in line with ongoing reforms. “The directive is clear: unless you are delivering life-saving aid, the bill must be paid,” an agency spokesperson added. “We are moving from a culture of waivers to a culture of accountability.” However, the government is maintaining a narrow window for essential aid. Commissioner General Anyuon clarified that the only legally recognized tax breaks currently apply to humanitarian organizations, including UN agencies and both international and local NGOs. Even these remain under intense scrutiny. “You need to verify whether the goods being imported match what the government has exempted,” Anyuon warned port officials. “The contents of the containers must correspond with the approved exemptions.” The shift was welcomed by Bulis Maker, the Assistant Commissioner in charge of Mombasa operations, who noted that widespread tax waivers have long drained the national treasury. “As a government, we lose a lot through exemptions,” Maker stated while addressing the staff. “This is government policy, and as implementers and regulators, we must enforce what the government has decided. Exemptions not meant for humanitarian purposes should come to an end.” By closing these loopholes at the Port of Mombasa, the government hopes to generate the necessary funds to support critical public programs. As one official put it, “Mombasa is the gateway to our economy, and today, we have placed a lock on the door to revenue leakage.” The Port of Mombasa in Kenya serves as the primary maritime gateway for almost all cargo destined for South Sudan. As a landlocked nation, South Sudan relies heavily on this corridor for the import of fuel, food, and medicine. Historically, the “exemption” system has been a major source of revenue leakage, with critics arguing that commercial imports were often improperly classified to avoid taxes. By enforcing the new “Fiscal Discipline” memo directly at the port, the SSRA aims to capture revenue at the source before goods begin the transit to Juba.
By Kei Emmanuel Duku The South Sudan Revenue Authority (SSRA) has launched a sweeping crackdown on tax waivers, ordering its officials to immediately halt all non-humanitarian exemptions at the Port of Mombasa. The directive marks a significant shift in the country’s economic policy as the government moves to recover millions[Read More…]
EAC Central Banks Internal Audit Conference Opens in Juba
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…]
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…]
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…]