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(JUBA) – The Bank of South Sudan (BoSS) has conducted a one day workshop focused on strengthening financial supervision and enhancing stability in the country’s banking system. The event was organised by the Directorate of Banking Supervision and Financial Stability and held at the Bank’s headquarters in Juba on 23 July 2025.

The training aimed to improve staff capacity in key areas such as technical support, risk assessment, regulatory practices, and operational efficiency. It forms part of BoSS’s ongoing efforts to align its internal operations with its broader strategic goals for a resilient and well regulated financial sector.

Opening the workshop, the First Deputy Governor of BoSS, Hon. Samuel Yanga Mikaya, emphasised the value of continuous learning and development to support everyday operations and build a more robust financial system in South Sudan. He stressed the need for knowledge sharing and teamwork as key tools for improving supervision and compliance.

Dr Majok Kuol Mading, Acting Director General for Banking Supervision and Financial Stability, said the workshop was designed to reinforce the technical and analytical skills of supervisory staff. He noted that the training would help the Bank to monitor financial institutions more effectively, identify early warning signs of risk and enforce regulatory standards more consistently.

With South Sudan’s financial sector still developing, such training is seen as essential to equip staff with the knowledge and tools needed to ensure stability, transparency, and public confidence in the banking system.

The Bank has in recent years undertaken several reforms to modernise financial regulation, increase institutional efficiency and respond more proactively to market risks.

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2025-07-24