(JUBA) – South Sudan is moving to consolidate all public funds into a single Treasury Single Account, a reform designed to make government spending more transparent and easier to manage. The Ministry of Finance and Planning held a one day workshop on the Treasury Single Account in Juba on Thursday,Continue Reading
(JUBA, SOUTH SUDAN) – Money sent home by Kenyans working in South Sudan has overtaken remittances from the United Kingdom, new data shows, an indicator of the young nation’s growing role as a regional economic hub. A survey conducted by the Central Bank of Kenya, the Kenya National Bureau ofContinue Reading
(YEI RIVER COUNTY) – A major agricultural initiative aimed at strengthening livelihoods and improving market systems has been launched in Yei River County. The Sustainable Markets and Agribusiness Competitiveness Plus (SMAC+) Project was officially introduced last week, bringing renewed hope to smallholder farmers and agribusinesses across the county. The initiativeContinue Reading
(YAMBIO) – A three day training course on fiscal oversight for members of the Western Equatoria State Transitional Legislative Assembly began on Tuesday, aimed at improving how public finances are monitored and managed at the state level. The programme is jointly supported by the Western Equatoria State Government and theContinue Reading
(YAMBIO) – Customs operations will expand to six key border points across Western Equatoria State in a push to improve revenue collection, border security and trade facilitation, following a meeting between the state governor and customs officials. The Governor of Western Equatoria State, Badagbu Daniel Rimbasa, met on Monday withContinue Reading
(NAIROBI) – International investors can now buy Kenyan government securities directly through a new link established by the Central Bank of Kenya. The CBK has partnered with Clearstream, the post trade services arm of Deutsche Börse Group, to open a direct connection to the local bond market. The link allowsContinue Reading
(NAIROBI) – Digital credit firm Tala is cutting more jobs in Kenya as it moves to centralise its operations. The company has told seven employees their positions will be declared redundant. This is the second round of job cuts in just over a year. The latest move is part ofContinue Reading
(JUBA) – A new nine million US Dollar project aims to link South Sudan’s financial markets with eight other countries, making it easier to move money, invest across borders and grow businesses. The grant, approved by the African Development Fund, will help modernise payment systems and expand access to financeContinue Reading
(JUBA) – South Sudan’s tax authority has begun training staff to improve how it communicates with taxpayers, a move aimed at lifting the country’s low levels of voluntary compliance and increasing the government’s own source revenue. The three day workshop, run by the South Sudan Revenue Authority in the capitalContinue Reading
(Nairobi, Kenya) – Family Bank founder Titus Muya and his associates recorded a gain of Sh4.74 billion ($36.7 million) on their holdings in the lender after its share price jumped by 44 percent on its first day of trading at the Nairobi Securities Exchange on Tuesday. The bank listed 1.662Continue Reading
