The Bank of South Sudan has announced the introduction of a new banknote of 500 pounds as a legal tender in the country. Continue reading New banknote symbolizes weakening economy
Category: Economy
Economy
S. Sudan’s economy needs revival through peace – JMEC
The Chairperson of the peace monitor – JMEC – has emphasized the need for parties to the Revitalization Forum to end the conflict so that the country can embark Continue reading S. Sudan’s economy needs revival through peace – JMEC
Rwandan President advocates for one Africa telecom network
The Rwandan President says there is urgent need for the continent to develop a single telecommunication sector to reduce on costs and improve efficiency through integration. Continue reading Rwandan President advocates for one Africa telecom network
S. Sudan at risk of debt distress – IMF
South Sudan is among Sub-Saharan African nations that are at growing risk of debt distress because of heavy borrowing and gaping deficits Continue reading S. Sudan at risk of debt distress – IMF
Labor Day: Workers living ‘by God’s grace’
On the occasion of the International Labor Day, South Sudanese workers say they are not enjoying the fruits of their labor due to the current conflict and economic hardship. Continue reading Labor Day: Workers living ‘by God’s grace’
Traders arrested for allegedly rejecting SSP 1 denomination
Five traders in Tonj have been arrested for allegedly rejecting one South Sudanese denomination for purchase of their goods, according to the town Mayor. Continue reading Traders arrested for allegedly rejecting SSP 1 denomination
Bor town: Residents mark 9th July despite hardships
Some South Sudanese have called on the citizens in the country to celebrate the 6th independence despite the economic crisis that has hit the country. Continue reading Bor town: Residents mark 9th July despite hardships
“Made in South Sudan exhibition” kicks off in Juba
A five-day exhibition to showcase goods produced in South Sudan has begun in Juba. Continue reading “Made in South Sudan exhibition” kicks off in Juba
S Sudan: The 2nd most corrupt country – report
Transparency International has named South Sudan among countries that are highly corrupt in its 2016 index. Continue reading S Sudan: The 2nd most corrupt country – report
Juba & Khartoum extends cooperation for 3 more years
South Sudan Minister of Petroleum says the Cooperation Agreement signed in 2012 with the Sudan has been extended for another three years. Continue reading Juba & Khartoum extends cooperation for 3 more years