The report unleashed by Forbes classifying South Sudan as the poorest country in the world is justifiable due to the lack of exploitation of available resources, Dr Ting has said. Continue reading Dr Ting explains why S Sudan is classified as poor country despite abundant resources
Category: Economy
Economy
Kenya’s debt rises to historic high: treasury
Kenya’s debt level has reached record highs despite President William Ruto’s vow to tame the country’s appetite for loans, treasury figures show. Continue reading Kenya’s debt rises to historic high: treasury
400% salary adjustment to be backdated to July 1 – Makuei
The 400% salary adjustment for civil servants and members of the organized forces is set to be backdated to July 1, the minister of information has said.
Continue reading 400% salary adjustment to be backdated to July 1 – Makuei
Economic conference to cost nearly 1 million US dollars – Dr Bak
Nearly 1 million US dollars will be spent to host the National Economic Conference in Juba next month, the Minister of Finance and Planning has said. Continue reading Economic conference to cost nearly 1 million US dollars – Dr Bak
South Sudan to hold economic conference on financial reforms next month
South Sudan is set to hold the first National Economic Conference next month with an aim to pave the way for economic transformation, the Minister of Finance and Planning has said. Continue reading South Sudan to hold economic conference on financial reforms next month
Makuei says 400% salary increment a recipe for inflation
The Minister of Information Michael Makuei says the 400 percent salary rise recently approved into law could be a recipe for inflation in the market. Continue reading Makuei says 400% salary increment a recipe for inflation
Juba ‘alarmed’ as U.S. warns citizens of business risks in South Sudan
The Ministry of Foreign Affairs said it is “seriously alarmed” by the United States’ new advisory on Risks and Considerations for U.S. Businesses and Individuals Operating in South Sudan. Continue reading Juba ‘alarmed’ as U.S. warns citizens of business risks in South Sudan
U.S. warns citizens against investing in S. Sudan government-linked firms
The U.S. government on Tuesday issued a new report highlighting “reputational” risks for American citizens and businesses doing business with institutions linked to the South Sudan government over an alleged failure to implement political and economic reforms. Continue reading U.S. warns citizens against investing in S. Sudan government-linked firms
Kiir signs 2023-2024 National Budget into law
President Salva Kiir on Monday signed the 2023-2024 Fiscal Year Budget into law, after it was passed on August 11. Continue reading Kiir signs 2023-2024 National Budget into law
Advocate calls for youth empowerment in combating climate change
A youth advocate is urging the government and development partners to empower young people in combating the effect of climate change by providing jobs in the country. Continue reading Advocate calls for youth empowerment in combating climate change