On March 26th, 2023, a senior official from the World Bank (WB) visited Bor-Jonglei state, South Sudan, for what was termed an “assessment tour”. The government officials who accompanied the WB official made it crystal clear that the country needs […]
South Sudan’s central bank has announced a cash-based auction policy aimed at curbing inflation and strengthening the country’s currency, the South Sudanese Pound (SSP). The move comes after the SSP’s rapid depreciation against the US dollar in the last two […]
BTC Global Company, a seasoned Egyptian firm with over 85 years of experience dominating the bullion trading and gold refining scene in Egypt and the Middle East, has set its sights on South Sudan. The company has just launched the […]
South Sudan has committed to implementing the blue economy in partnership with partners and the Inter-governmental Authority on Development. The decision came after a three-day validation and adoption workshop on the country’s national blue economy plan, which culminated in South […]
Central Equatoria State Governor, Emmanuel Adil Anthony, chaired a meeting on Monday to address the challenges faced in revenue collection and explore solutions to boost the economic capacity of the state government. The meeting was attended by top officials from […]
The South Sudan government received $114.8 million in emergency money from the International Monetary Fund (IMF) on Thursday, according to the finance minister. This follows a staff-level agreement between the country’s government and the IMF for emergency finance under the […]
Wealthy Kenyans have returned billions of shillings to the nation in order to avoid economic instability in Europe and the United States, investing their money in local government bonds and luxury real estate. According to the 2023 “Wealth Report” issued […]
It will be remembered that South Sudan’s central bank governor ordered that all prices in the nation be given in South Sudanese pounds. Yet, the decree is encountering poor compliance since many government entities and organizations continue to deal in […]
NCMP – A couple of days back, a directive was passed in South Sudan by the Bank of South Sudan instructing the natives to make all the local transactions in the South Sudan pounds rather than the dollars so as […]
NCMP – The Central Bank of South Sudan (BoSS) is willing to put in USD 3,000,000 to commercial banks in a bid to clean up access liquidity so as to stabilize plummeting South Sudanese pounds. Grace Araba Gordon, the acting […]
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