South Sudan Central Bank Welcomes Yeni as Governor

South Sudan Central Bank Welcomes Yeni as Governor

2025-11-17

(JUBA) – The new governor of the Bank of South Sudan, Yeni Samuel Costa, was formally received at the institution’s headquarters on Monday, where he pledged to strengthen currency confidence, improve digital payment systems and enforce strict compliance across the bank. His arrival was met with applause from staff membersContinue Reading

New Tax Commissioner Targets SSP 200 Billion Monthly in Non Oil Revenue

New Tax Commissioner Targets SSP 200 Billion Monthly in Non Oil Revenue

2025-11-15

(JUBA) – William Anyuon Kuol officially assumed office as the new Commissioner General of the South Sudan Revenue Authority (SSRA) on Friday, pledging to strengthen non-oil revenue collection and increase transparency in remitting funds to the government treasury. Speaking at the SSRA headquarters, Anyuon emphasised the importance of efficiency andContinue Reading

Mombasa Container Backlog Hits South Sudan Economy

Mombasa Container Backlog Hits South Sudan Economy

2025-11-15

(MOMBASA) – Thousands of containers destined for South Sudan remain stuck at the Port of Mombasa after new Kenyan tax rules and strict storage limits disrupted trade, risking losses of millions of dollars for local importers. Hamid Abdellatif, a clearance agent for South Sudanese importers, told media that traders areContinue Reading

EADB Shifts to Local Currency Lending

EADB Shifts to Local Currency Lending

2025-11-15

(KAMPALA) – The East African Development Bank (EADB) has shifted its lending to East African Community (EAC) member states from US dollars to local currencies in a move aimed at boosting growth, reducing loan costs and limiting non-performing loans. The bank’s strategy involves currency swap agreements to provide borrowers withContinue Reading