Kenyan clearing agents have challenged the $350 charged per container of all cargo destined for South Sudan. Continue reading Kenya shipping agents sue over S. Sudan cargo tracking fees
Category: Economy
Economy
Security forces crack down on illegal dollar trading, seize money and make arrests
Security forces have confiscated money and arrested suspected hard currency traders in different parts of Juba city, the police spokesperson has said. Continue reading Security forces crack down on illegal dollar trading, seize money and make arrests
Church in solidarity with suffering S. Sudanese, says Cardinal Ameyu
Cardinal Stephen Ameyu Martin has said the church stands in solidarity with the suffering South Sudanese amid the economic melt-down, and urged the leaders to prioritize the well-being of the citizens despite their political differences.
This year’s Easter is faced with unprecedented depreciation of the pound against the US dollar, which has led to a sharp rise in the prices of essential commodities across the country.
Civil servants have gone for nearly seven months without salaries, finding it difficult to cope with the situation.
“The economic meltdown has disrupted the lives of a countless individuals denying them opportunities for livelihood, education and access to essential services,’ said the cleric in his Easter message on Friday.
The Cardinal urged South Sudanese not to lose hope adding, the church stands in solidarity with them.
“I want you to know that you are not alone in facing these trials our hearts ache for the pain and the suffering that this crisis has inflicted on our fellow South Sudanese.
“We stand in solidarity with you, offering our compassion, prayers and whatever assistance we can provide. During such trying times, it is crucial that we not lose hope.”
Cleric Mulla who is also the Metropolitan Archbishop of Juba called for unity, healing and renewal of commitment to address challenges facing the country.
The catholic religious leader also called on every citizen to embrace the spirit of reconciliation, and create an atmosphere where people can celebrate Easter in joy and safety.
“Let this Easter serve as a catalyst for unity, healing and renewal of commitment to find a lasting solution to the challenges our nation faces by setting aside partisan interests and embracing a spirit of reconciliation.’
Meanwhile, he appealed to the government to prioritize the well-being of its people.
“We appeal to you as government and opposition to prioritize the well-being of our people over political differences. I urge you to engage in peaceful dialogue, seeking common ground and placing the interests of our people to the Forefront.”
Juba City Council introduces new water prices amid rising inflation
Juba City Council has introduced new water prices ranging between 1500 and 2000 pounds amid the soaring inflation in the country. Continue reading Juba City Council introduces new water prices amid rising inflation
Gov’t ‘knocking on doors’ for financial support, says Awow
The Minister of Finance and Planning has announced that the government is knocking on the doors of foreign countries to seek financial support to address the country’s economic challenges. Continue reading Gov’t ‘knocking on doors’ for financial support, says Awow
Gov’t purchases electronic tax machines to improve revenue collection
The government has purchased 2000 Electronic Tax Register machines to seal loopholes in revenue collection and improve the economy. Continue reading Gov’t purchases electronic tax machines to improve revenue collection
Fuel prices shoot up to SSP2,995 per liter in Juba
Some fuel station owners in Juba said Thursday they have increased the price of petrol and diesel to almost 3000 pounds per a litter due to weakening local currency against the US dollar. Continue reading Fuel prices shoot up to SSP2,995 per liter in Juba
Kenyan youth prefer to be self-employed: survey
About half of the young people in Kenya prefer to create their own businesses other than work for another entity or individual, according to a recent study. Continue reading Kenyan youth prefer to be self-employed: survey
New Central Bank branch in Nimule a game changer -Dr Alic
The Bank of South Sudan governor has described the inauguration of a Bank branch in Nimule, Eastern Equatoria State as a game changer in improving revenue collection and opening job opportunities to the locals. Continue reading New Central Bank branch in Nimule a game changer -Dr Alic
Bank governor urges agricultural production to counter oil dependence
The Bank of South Sudan governor lamented lack of economic diversification and insufficient revenue collection as the main causes of the current economic crisis facing the country.
Continue reading Bank governor urges agricultural production to counter oil dependence