(JUBA) – Key financial and business leaders have agreed to work together to speed up the adoption of digital payments in South Sudan, saying it will reduce costs and make trade more efficient. The Bank of South Sudan hosted a meeting on 26 September 2025 with the National Chamber ofContinue Reading
(JUBA) – The Bank of South Sudan (BoSS), together with senior government officials, paid tribute on Thursday, September 26, 2025, to the late former Governor of the Central Bank, Othow Rago Ajak, who passed away in Egypt on September 17. The funeral ceremony brought together BoSS leadership and public officialsContinue Reading
(RUMBEK, LAKES STATE) – A senior delegation from the Bank of South Sudan (BoSS), led by the Director General for Banking Operations, Dr Chan Andrea Chan, has carried out a final inspection of the newly renovated BoSS Currency Centre in Rumbek, Lakes State. The visit on 24 September 2025 wasContinue Reading
(NAIROBI) – The East African Community (EAC) has postponed making a decision on where to locate the East African Monetary Institute (EAMI), raising further uncertainty about the timetable for the regional monetary union. The delay has left Kenya’s long standing bid to host the transitional institution in question. Officials sayContinue Reading
(JUBA) – The Central Bank of South Sudan (BoSS) has banned the transportation of large sums of cash in an attempt to control money laundering, illicit financial flows and currency hoarding. The directive issued on 16 September 2025 states that businesses and individuals are no longer allowed to carry significantContinue Reading
(JUBA) – The Bank of South Sudan (BoSS), together with a visiting World Bank team, held a review meeting in Juba on Tuesday to assess the progress of the Strengthening South Sudan Financial Sector (3SF) project. The initiative is aimed at improving the country’s financial systems, supporting capacity building andContinue Reading
(JUBA) – The Bank of South Sudan has announced new rules governing the movement of cash within the country and across its borders, in a move aimed at strengthening financial stability and curbing illegal money flows. The directive, issued on 16 September 2025 by the Directorate of Banking Supervision andContinue Reading
(JUBA) – The Bank of South Sudan (BoSS) has confirmed the passing of its former Governor, Hon. Othom Rago Ajak, who died in Cairo on 17 September 2025 at the age of 70. His family announced that Ajak, who had been receiving treatment in Egypt, died after a short illness.Continue Reading
(JUBA CITY) – The Bank of South Sudan (BoSS) has announced the official launch of the South Sudan Interbank Payment and Settlement System (SSIPS), which will go live on 10 October 2025 at the Central Bank headquarters in Juba. The new platform is designed to modernise the country’s financial infrastructure,Continue Reading
(JUBA) – Banks in South Sudan are facing a serious liquidity problem, leaving many customers frustrated as they queue for hours only to receive small amounts of cash far below their approved withdrawal limits. Several account holders told Jakony.com® that banks are limiting withdrawals to 100,000 South Sudanese Pounds (SSP),Continue Reading
