South Sudan Central Bank Raises SSP 20 Billion in Oversubscribed Treasury Auction

(JUBA) – The Central Bank of South Sudan (BoSS) has announced that the payment of civil servants’ salaries is being processed through designated commercial banks, directing workers to collect their money in cash from their respective banks. In a public notice issued by its Communication and Public Relations Department onContinue Reading

Othow Woos EAC Partners on Trade and Technology

(BANGKOK) – BoSS Governor Hon. Dr. Addis Ababa Othow has called for deeper regional cooperation, technology sharing and increased investment to strengthen trade integration across the East African Community (EAC). Speaking at an EAC high-level discussion organised by the International Monetary Fund (IMF), Othow stressed the importance of learning fromContinue Reading

South Suand Finance Minister and World Bank staff in a photo in Thailand-Photo Credit-Ministry of Finance and Economic Planning

(BANGKOK, THAILAND) – The Minister of Finance and Planning, Athian Ding Athian, has held talks with senior World Bank officials on strengthening economic cooperation between South Sudan and the international financial institution. The meeting took place in Bangkok, Thailand, on the sidelines of the ongoing Annual Meetings of the WorldContinue Reading

Kenyan Cooperatives Face Dividend Pressure Over Kuscco Losses

(NAIROBI, KENYA) – Sacco members in Kenya face lower dividend payouts after the regulator directed cooperatives to make additional provisions of approximately KES 7.67 billion ($59.3 million / £44.8 million) for investments held in the insolvent Kenya Union of Savings and Credit Co-operatives (Kuscco). The provisioning, expected during the currentContinue Reading