(JUBA) – The Bank of South Sudan has announced a fresh foreign exchange auction aimed at improving confidence in the financial sector and supporting currency stability. The auction will take place on Tuesday 7 October 2025 and will be open to eligible commercial banks across the country. In a publicContinue Reading
(JUBA) – The Bank of South Sudan has issued a sweeping regulatory notice introducing stricter rules for banks, microfinance institutions and digital financial service providers. The directive, signed by the Director General of Supervision and Financial Stability, covers licensing, lending, risk management, cyber security and consumer protection. Under the newContinue Reading
(JUBA) – The Central Bank of South Sudan (BoSS) has issued a formal warning to all licensed commercial banks and non banking financial institutions over what it described as unfair foreign exchange practices involving digital transactions. In a circular dated 29 September 2025, the Central Bank said it had observedContinue Reading
(ADDIS ABABA) – South Sudan has urged its Chinese and African partners to accelerate support for digital infrastructure projects across the continent, saying access to stable electricity and modern telecommunications remains a major barrier to economic growth. The call was made on Friday by Engineer Thomas Gatkuoth Nyak, Undersecretary atContinue Reading
(JUBA) – Key financial and business leaders have agreed to work together to speed up the adoption of digital payments in South Sudan, saying it will reduce costs and make trade more efficient. The Bank of South Sudan hosted a meeting on 26 September 2025 with the National Chamber ofContinue Reading
(JUBA) – The Ministry of Mining has warned that illegal mining is placing South Sudan’s economy at risk by draining government revenues and allowing unregulated extraction of valuable minerals. Dr Matiok Santino Akuei, the Undersecretary in the Ministry of Mining, made the remarks during a field visit to sites outsideContinue Reading
(MOROBO COUNTY) – Business at the Oraba-Kaya border post between South Sudan and Uganda in Morobo County, Central Equatoria State has slowed down sharply due to insecurity on the South Sudan side, forcing traders and transporters to divert to safer routes. The disruption has reduced government revenue and weakened cross-borderContinue Reading
(NAIROBI) – The Kenya National Chamber of Commerce and Industry (KNCCI) on Wednesday hosted a senior delegation from the Ministry of Trade and Industry of South Sudan for an exchange programme aimed at boosting trade relations and strengthening institutional frameworks between the two countries. The South Sudanese delegation was ledContinue Reading
(JUBA) – The Central Bank of South Sudan (BoSS) has banned the transportation of large sums of cash in an attempt to control money laundering, illicit financial flows and currency hoarding. The directive issued on 16 September 2025 states that businesses and individuals are no longer allowed to carry significantContinue Reading
(JUBA) – The South Sudanese pound continues to face pressure in the parallel market, where the United States dollar is trading at around SSP 6,800 to SSP 7,000, far above the Bank of South Sudan’s official rate of SSP 4,656.21 for selling and SSP 4,518.59 for buying. This growing gapContinue Reading
