(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 together news editors, reporters, commercial banks and telecom companies for discussions on how to improve the accuracy of financial reporting in the country.
The session focused on the planned Interbank Payment Settlement System, digital banking services and the World Bank funded Strengthening South Sudan Financial Sector project (3SF). The payment settlement system aims to allow banks to transfer funds between themselves more efficiently while digital banking is expected to reduce reliance on cash in both towns and rural areas.
Senior officials from the Bank of South Sudan encouraged journalists to report clearly on these developments so that citizens can understand how the reforms will affect their day to day transactions such as sending money, receiving salaries or paying for services.
Journalists at the meeting welcomed the engagement and asked the Central Bank to organise regular training sessions to help reporters follow complex issues such as interest rates, currency stability and bank regulations. They said specialised workshops would improve the quality of reporting and reduce misinformation.
The meeting was held under the theme “Partnering with Media for Financial Transparency and Digital Progress” and was attended by representatives from both the banking and telecom industries, which are expected to play a central role in expanding digital financial services across South Sudan.
Financial experts say that increased cooperation between the media and the financial sector could help restore confidence in the market, particularly as the value of the South Sudan Pound continues to fluctuate. One United States Dollar currently trades at about 7,100 South Sudan Pounds, meaning 10,000 SSP is equal to roughly 1.4 USD.
South Sudan Reporters Asked to Strengthen Banking Coverage
| Details | |
|---|---|
| Event | Media engagement session on financial policy awareness |
| Location | Juba, South Sudan |
| Date | 29 September 2025 |
| Organiser | Bank of South Sudan (Communication and Public Relations Department) |
| Main Participants | Journalists, Commercial Banks, Telecom Companies, Senior BoSS Officials |
| Key Topics | Interbank Payment Settlement System (SSIPS), Digital Banking, World Bank funded 3SF Project |
| Main Objective | Improve media understanding of financial policies for accurate reporting |
| Requests from Participants | Regular workshops for journalists on financial reporting |
| Theme | “Partnering with Media for Financial Transparency and Digital Progress” |
| Currency Reference | 1 USD ≈ 7,100 SSP (September 2025 market rate) |
