Markets

Juba Special Economic Zone strengthens initiatives to attract global investment

By Yiep Joseph The Juba Special Economic Zone (JSEZ) has intensified efforts to position South Sudan as a leading investment destination in the region. This followed high-level talks with international investors aimed at accelerating the zone’s development and operational readiness. The leadership of the JSEZ, under Commissioner General Aggrey Cyrus[Read More…]

Trade Ministry engages the business community over economic challenges

By Sabri Dibaco The Ministry of Trade and Industry held a consultative meeting with members of the business community to discuss major challenges affecting trade and industrial activities. In a press statement extended to the media, the discussions focused on pressing issues facing traders and investors. Among the issues discussed[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…]

Rising fuel prices hit youth livelihoods in Yei, leaders warn

By James Innocent Youth leaders and business representatives in Yei River County have raised concerns over the sharp increase in fuel prices, warning that the situation is severely affecting young people who depend on motorcycle transport and small-scale businesses for survival. ‎Speaking in Yei, youth leader Gaga Frank said the[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…]

Poor roads cut off farmers from markets, and raise food losses in WES

By Sabri Dibaco Farmers across Western Equatoria State (WES) raised the alarm over the poor condition of the roads linking farming areas to the capital, Juba. The farmers cited deteriorating infrastructure as affecting their ability to access markets and attract buyers for their agricultural produce. Some of the farmers said[Read More…]

“Produce More Than We Consume,” Bakosoro tells the new trade minister

By Sabri Dibaco Former Presidential Advisor Joseph Bakosoro has called on the newly appointed Minister of Trade and Industry, Dr. Labanya Margaret, to prioritise strategic planning and production as a pathway to economic stability in South Sudan. Speaking during a welcoming ceremony attended by national ministers and dignitaries, Bakosoro praised[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…]

Fire outbreak Devastates Gudele market

By Orayo Gabriel Ujuok Fire broke out at Gudele market destroying ten shops and 25 vegetable tables. The fire was said to have started from inside what is described as ‘Hildhar’s shop for body wear’.  Angelo Laku Marjhan, Acting Chairman for Luri Central Payam Chamber of Commerce, said although there[Read More…]