(JUBA) – The Bank of South Sudan (BoSS), in partnership with Ernst & Young (EY), has completed a review of institutional performance under the Strengthening South Sudan Financial Sector (3SF) project. The review was presented in Juba on 15 September 2025 during a high level meeting chaired by First Deputy Governor Hon. Samuel Yanga Mikaya.
The 3SF project, which is supported by the World Bank, aims to improve institutional capacity and strengthen the resilience of the financial sector in South Sudan. The assessment carried out by EY revealed both achievements and areas requiring further improvement within the central bank.
Speaking after the presentation, Hon. Yanga described the assessment report as “good and excellent,” noting that the exercise has helped the bank to clearly identify gaps in its institutional framework:
“We now clearly see our institutional gaps and what is required to improve operations.”
He expressed gratitude to the EY team for their work in producing the review.
According to the report, the Directorate of Banking Supervision and Financial Stability emerged as the best performing department, particularly in leadership and regulatory oversight. This performance was described as a reflection of its central role in safeguarding the country’s financial stability.
The findings are expected to guide future reforms under the 3SF programme. The project remains a key platform for strengthening governance structures and improving efficiency across the financial sector in South Sudan, which continues to face challenges of limited capacity and reliance on external support.
In a separate event on the same day, the Christian Fellowship of the Bank of South Sudan organised its morning devotional prayers at the central bank headquarters. The gathering highlighted the role of unity, faith, and service in public institutions.
Governor Dr. Addis Ababa Othow used the occasion to call on employees to foster harmony within the bank.
“This institution can be great if we unite and realise each of us can make a difference. There is no room for discrimination at the Bank of South Sudan,” he told staff.
The devotional prayers were led by evangelist Joseph Deng, who encouraged staff to reflect God’s light in their work:
“Ask yourself, are you among those preaching unity and sending out the light of God to this institution and to South Sudan,” he said.
The session was attended by senior officials, including Hon. Yanga and representatives from various directorates and departments. A statement by the Central Bank on it’s online platforms stated that faith based gatherings such as these are seen as a way to promote a sense of community and national unity within public service institutions.