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…]
Markets
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…]
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…]
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…]
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…]
Trade Minister meets South Sudan envoy to Ghana
By Sabri Dibaco The Minister of Trade and Industry, Dr. Labanya Margret Mathya, on Monday held a consultative meeting with South Sudan’s Ambassador to Ghana, Amb. Jacqueline Natepi Ben. The two leaders discussed ways of strengthening trade and investment cooperation between the two countries. The meeting focused on identifying mutually[Read More…]
OPINION: Why government must incentivise the private sector, not politics
Writer: Garang Atomdit Today, many of our brightest young people are choosing sycophancy over skills. Not because they lack talent, but because the system makes praising power more profitable than solving problems. A young man who spends his day clapping for an official gets a meal today. Another who spends[Read More…]