(JUBA) – Intra-African trade surged to $220.3 billion in 2024, marking a 12.4 percent increase compared to the previous year, according to the latest trade report by the African Export-Import Bank (Afreximbank). This significant growth follows a 5.9 percent contraction in 2023 and reflects renewed economic momentum across the continent.Continue Reading
(JUBA) – Market prices across South Sudan showed a slight national decline between June and July 2025, but a closer analysis reveals that this drop masks sharp regional disparities, with several states experiencing dramatic price surges. Bor South in Jonglei State, Twic County in Warrap State, and Fangak County inContinue Reading
(JUBA) – The Bank of South Sudan (BOSS) has announced a formal invitation for commercial banks to participate in a new foreign exchange auction, scheduled for Thursday, 31 July 2025. This step represents a significant attempt by the central bank to reassert control over the currency market and restore confidenceContinue Reading
(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
(JUBA) – The Bank of South Sudan (BoSS) has announced a public tender inviting eligible commercial banks to participate in a Term Deposit Facility Auction worth 20 billion South Sudanese Pounds (SSP), equivalent to approximately 4.35 million US Dollars at the official exchange rate of 4,600 SSP per USD asContinue Reading
(JUBA) – South Sudan has been taken to court in London by international oil trading firm BB Energy for allegedly failing to deliver crude oil under a pre-payment agreement, according to court documents and a company spokesperson. The legal dispute adds pressure on the country’s already constrained oil sector, whichContinue Reading
(JUBA) – The Bank of South Sudan has released updated official exchange rates for 25 July 2025, showing marginal movements in the value of the South Sudanese Pound (SSP) against major global and regional currencies. The data reflects general stability in the forex market, with slight gains for the SSPContinue Reading
(JUBA) – South Sudan currently has the lowest average national rice price among select East African countries, according to the latest regional market analysis, despite facing ongoing economic instability and inflationary pressures. A review of rice prices across the region for July 2025 reveals that South Sudan, with an averageContinue Reading
(JUBA) – Authorities in South Sudan are urging local importers to return empty shipping containers to the Port of Mombasa, following reports that many recipients are converting them into makeshift homes and business premises instead of releasing them to shipping companies. This practice has led to rising logistics costs andContinue Reading
(JUBA) – The Bank of South Sudan has announced a plan to print additional currency in a bid to ease the ongoing cash shortage that has delayed salary payments to civil servants and worsened liquidity conditions across the economy. Speaking before the Transitional National Legislative Assembly’s Finance and Economic PlanningContinue Reading
