Tanzania’s Business Ban on Foreigners Raises Regional Alarm Over EAC Unity

Tanzania’s Business Ban on Foreigners Raises Regional Alarm Over EAC Unity

2025-07-31

(DODOMA) – Tanzania’s new decision to restrict foreigners from operating in 15 designated business sectors has triggered concern across the East African Community (EAC), with observers warning it could weaken the region’s economic integration and impact nationals from member states. On 29 July, Tanzania’s Minister of Industry and Trade, SelemaniContinue Reading

South Sudanese Pound Holds Steady as July 2025 Forex Market Closes Calmly

South Sudanese Pound Holds Steady as July 2025 Forex Market Closes Calmly

2025-07-31

(JUBA) – The official foreign exchange rates published by the Bank of South Sudan at the end of July 2025 show that the South Sudanese Pound (SSP) remained relatively stable throughout the month. There were only minor changes against major international and regional currencies, offering some confidence to businesses, traders,Continue Reading

South Sudan Stuns Egypt to Reach AfroBasket Quarterfinals

South Sudan Stuns Egypt to Reach AfroBasket Quarterfinals

2025-07-31

(ABIDJAN) – South Sudan’s national women’s basketball team has made history by reaching the quarterfinals of the 2025 FIBA Women’s AfroBasket tournament after a stunning 75–65 victory over Egypt. This marks South Sudan’s first ever win in a continental basketball competition since making their debut in the qualifiers in 2021.Continue Reading

Bank of South Sudan Exchange Rates Suggest FX Market Stability

Bank of South Sudan Exchange Rates Suggest FX Market Stability

2025-07-29

(JUBA) – The Bank of South Sudan has published its latest official exchange rates for Tuesday, 29th July 2025, reflecting marginal movements in the forex market, with the South Sudanese Pound (SSP) remaining largely stable against key international and regional currencies. According to data released by the central bank, theContinue Reading

PayPal Withdrawals Now Seamless Via M-PESA App

PayPal Withdrawals Now Seamless Via M-PESA App

2025-07-25

(NAIROBI) – Safaricom, Kenya’s largest telecommunications company, has integrated PayPal withdrawals directly into its M-PESA super app, a move designed to simplify access to digital earnings for remote workers and freelancers in the country. The new feature removes the need for a separate online portal, allowing users to withdraw fundsContinue Reading