(Aweil) – A South Sudanese economist has advised the government to build up fuel reserves to prepare for possible shortages if the ongoing tensions between Iran and Israel disrupt global oil supplies. The warning comes amid rising international concern over the conflict’s impact on energy markets and oil prices. MachContinue Reading
(Juba) – The Bank of South Sudan on Monday, 23rd June 2025, released its official daily exchange rates, showing that the South Sudanese Pound (SSP) continues to trade at a weak position against major international currencies. The latest rates reflect the country’s ongoing economic struggles amid inflation and currency depreciationContinue Reading
(Port Sudan) – Officials from Sudan and South Sudan have reached an agreement to continue cooperation on the transportation and processing of South Sudan’s oil through Sudanese infrastructure, following a high-level meeting between the two countries’ petroleum officials in Port Sudan on Sunday. The meeting was attended by South Sudan’sContinue Reading
(Juba) – The Central Bank of South Sudan (BoSS) has reduced its benchmark lending rate from 15 percent to 13 percent in a bid to ease the country’s ongoing liquidity crisis and support economic growth. The decision made during a meeting of the Monetary Policy Committee (MPC) is part ofContinue Reading
(Juba) – A 2025 World Bank report has laid out a bold and data-driven plan to help South Sudan rebuild its fragile economy by overhauling its broken transport system. The report, released in collaboration with institutions including the Food and Agriculture Organization (FAO), the Japan International Cooperation Agency (JICA), andContinue Reading
(Juba) – The International Monetary Fund (IMF) and the Government of South Sudan have reached a staff-level agreement on a nine-month Staff-Monitored Program (SMP), set to begin in August 2025. The agreement is still subject to approval by the IMF’s management. The program is aimed at helping South Sudan rebuildContinue Reading
(Juba) – The Bank of South Sudan has released its official foreign exchange rates for Friday, June 20, 2025, showing a continued depreciation of the South Sudanese Pound (SSP) against major international currencies. These official rates, published every weekday, provide a reference for banks, businesses, and the general public onContinue Reading
(Juba) – The Bank of South Sudan (BoSS) successfully raised 20 billion South Sudanese Pounds (approximately USD 15.38 million) during its most recent Treasury Deposit Facility (TDF) auction held on June 18, 2025. The auction attracted strong interest from financial institutions, with bids totaling SSP 82 billion (approximately USD 63.08Continue Reading
(Juba) – Dr. Addis Ababa Othow, an experienced economist and banker, has been appointed Governor of the Bank of South Sudan (BoSS), assuming the position officially on June 9, 2025. His appointment comes after decades of public service in both national and international financial institutions, coupled with a strong academicContinue Reading
(Yei/Goli) – Students from Emmanuel Christian University (ECU) took part in a practical agricultural experience over the weekend at the university’s coffee farm located in Goli Boma, Tore Payam, approximately 20 miles from Yei. The visit aimed to increase awareness among students about the vital role agriculture plays in economicContinue Reading
