(TORIT) – The mayor of Torit Municipal Council in Eastern Equatoria State has ordered all traders in the town to immediately reduce commodity prices by 4%, warning that those who fail to comply risk losing their trading licences. The decision was announced on Wednesday during a meeting between Mayor OyitoContinue Reading
(Juba) – A senior economist has attributed the persistent liquidity constraints in South Sudan’s banking system to entrenched structural weaknesses, calling for coordinated monetary and fiscal reforms to restore confidence and cash circulation across the economy. Dr. Abraham Maliet, a macroeconomic analyst, told media in June 2025 that the scarcityContinue Reading
(Juba) – The Bank of South Sudan on Tuesday published its official exchange rates for 1st July 2025, setting the South Sudanese Pound (SSP) at SSP 4,606.63 per US Dollar on the selling rate, and SSP 4,470.48 per US Dollar on the buying side. According to the official rate sheetContinue Reading
(Juba) – The South Sudan Revenue Authority (SSRA) has launched a comprehensive door to door taxpayer registration exercise across Juba City, as part of a wider strategy to expand the country’s tax base, enhance compliance and improve public revenue systems. The initiative was officially announced by the SSRA Commissioner General,Continue Reading
(Juba) – The Government of South Sudan has confirmed the full payment of salaries for members of the South Sudan People’s Defence Forces (SSPDF), other organised forces, and civil servants across the country. This development, announced on 28 June 2025, has brought temporary relief to public sector workers following delaysContinue Reading
(Juba) – South Sudan has been ranked as the world’s poorest country in 2025 by income per person, according to new data from the International Monetary Fund (IMF) published by Visual Capitalist. The report based on Gross Domestic Product (GDP) per capita places South Sudan at the bottom of theContinue Reading
(Juba) – The East African Legislative Assembly (EALA) has called on Kenyan President William Ruto to urgently convene a special Heads of State Summit to address a growing financial crisis at the East African Community (EAC) Secretariat. The situation has paralysed operations and placed the future of regional integration atContinue Reading
(Juba) – Uganda’s exports to neighbouring East African Community (EAC) markets have dropped by UGX 820.5 billion (about $228.2 million), with South Sudan among the hardest hit, largely due to growing non tariff barriers, regional instability, and a shift towards informal cross border trade. New data from the Bank ofContinue Reading
(Juba) – High level discussions between Sudan and South Sudan on the future of oil transit and processing arrangements have ended without a formal agreement, exposing deep seated logistical and financial challenges affecting South Sudan’s oil dependent economy. The meetings held in Port Sudan focused on revising the current feeContinue Reading
(Juba) – South Sudan is facing an alarming rise in poverty, with 92 percent of the population now living on less than $2.15 a day. This marks a steep increase from 51 percent in 2011 when the country gained independence from Sudan, according to a new report released in JubaContinue Reading
