(JUBA) – The Governor of the Bank of South Sudan (BoSS), Dr Addis Ababa Othow Akongdit, and the National Minister of Trade and Industry, Hon Atong Kuol Manyang Juuk, have urged traders across the country to deposit their business earnings in commercial banks instead of keeping large sums in cash.Continue Reading
(RUMBEK) – The Bank of South Sudan has officially opened the new Rumbek Currency Centre, a major step in the country’s effort to extend financial services and strengthen its economic infrastructure. What began as a vision in 2013 has now become a modern, fully operational banking facility serving the peopleContinue Reading
(RUMBEK) – The National Minister of Finance and Planning, Hon Athian Diing Athian, has described the newly inaugurated Rumbek Currency Centre in Lakes State as a major milestone in South Sudan’s economic development and a key pillar in the government’s efforts to stabilise the national economy. Speaking at the openingContinue Reading
(RUMBEK, LAKES STATE) – The Bank of South Sudan (BoSS) has officially opened the Rumbek Currency Centre, a new regional facility designed to improve the country’s financial infrastructure, currency management, and access to financial services outside the capital, Juba. The centre was inaugurated on 1 November 2025 in a ceremonyContinue Reading
(RUMBEK, LAKES STATE) – The Minister of Finance and Planning, Hon. Athian Diing Athian, and the Governor of the Bank of South Sudan (BoSS), Dr. Addis Ababa Othow, left Juba on Saturday for Rumbek to open a new currency centre designed to improve cash circulation and strengthen the stability ofContinue Reading
(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
(JUBA) – The Bank of South Sudan has asked journalists to take a leading role in explaining new financial policies to the public as the country prepares to roll out major changes in its banking system. In a media engagement held on 29 September 2025, the Central Bank brought togetherContinue Reading
(JUBA) – A growing number of international banks are withdrawing from African markets after decades of operation, citing falling profit margins, rising compliance costs and strong competition from telecom led mobile money platforms. While most exits have taken place in West and Southern Africa, banking analysts warn that the trendContinue Reading
