The Deputy Chairperson of SPLM-IO says the prevailing economic situation is man-made, citing what he terms as a state capture by private entities and individuals.
Continue reading Oyet links current economic situation to ‘state capture’
Category: Economy
Economy
Oil export slumps over Sudan war, Houthi attacks on ships: Makuei
The South Sudan government has confirmed that the oil export is facing significant challenges due to the war in Sudan and the attacks on cargo ships by the Houthi rebels in Yemen. Continue reading Oil export slumps over Sudan war, Houthi attacks on ships: Makuei
Lomuro blames economic hardship on ‘corrupt’ traders
The Minister of Cabinet Affairs said some national traders who took millions of dollars from the government through letters of credit and failed to deliver goods have contributed to the current economic crisis.
Continue reading Lomuro blames economic hardship on ‘corrupt’ traders
Businessman Lukak decries govt failure to pay Dura Saga traders
The chairperson of South Sudan Chamber of Commerce and Industry said the alleged government failure to pay contracted local traders has marginalized the businessmen in the country. Continue reading Businessman Lukak decries govt failure to pay Dura Saga traders
Govt urges ‘financial partners’ to fund construction of Ramciel City
The government said the construction of South Sudan’s proposed new capital Ramciel has stalled over funding shortage although the master plan is ready for implementation. Continue reading Govt urges ‘financial partners’ to fund construction of Ramciel City
Who was Albino Mangu, the man Albino Bridge got its name from
Albino Mangu Ganoon was not a notable political or military figure, but rather a humble businessman loved by many and envied by few. Continue reading Who was Albino Mangu, the man Albino Bridge got its name from
Govt urged to embrace biometric system or lose World Bank support
The Minister of Public Service and Human Resource Development said the government should commit to implementing the biometric payroll system for the World Bank to continuing the reform program. Continue reading Govt urged to embrace biometric system or lose World Bank support
Official urges working youth to shun extravagant spending
The Undersecretary in the Ministry of Youth and Sports has encouraged young entrepreneurs to exercise financial discipline and resist the urge to luxuries in order to save money for their future. Continue reading Official urges working youth to shun extravagant spending
Trade ministry eyes import subsidies as cost-of-living bites
The Minister of Trade and Industry says the government is working with the private sector to import goods to be sold at a cheaper price, while renewing letters of credit to traders in a bid to lower the rising cost of living. Continue reading Trade ministry eyes import subsidies as cost-of-living bites
South Sudan introduces first-ever biometric payment system
The South Sudan government has introduced a World Bank-funded biometric payment system for effective data management and initiating an accurate payroll for civil servants. Continue reading South Sudan introduces first-ever biometric payment system