BoSS Promises Currency Reform. Again. Should We Believe Them?/Unsplash Photo
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So you have woken up, checked your pocket and found the familiar crumpled SSP note folded like chapati, faded like a 2011 SPLM campaign T-shirt and worth less than a boda ride from Konyo Konyo to Custom.
But wait! Good news! The Bank of South Sudan (BoSS) is back, promising to save our noble currency.
This week, Governor Dr. Addis Ababa Othow (yes, that is his actual name, not a transit route) led a big shot meeting at BoSS.
Present were his two trusty deputies, Directors General, and what we assume were some economists pretending to understand Microsoft Excel.
Maybe stop printing money like flyers for nightclub events
Improve cash flow
So we don’t need a sack to carry change for 1,000 SSP (≃ $1.25)
Expand digital banking
Because some of us still use airtime as currency
Strengthen currency security
So counterfeits don’t look better than the real notes
According to Governor Addis, this is an inclusive process that will leave no one behind, just like that goat sharing ceremony in the village. You may not eat meat, but at least you were invited.
The newly formed “Currency Management Committee” will be chaired by First Deputy Governor Samuel Yanga Mikaya, a man with a name that sounds like he means business.
He says the committee will “recommend tangible solutions.” We hope “tangible” means solutions you can hold, unlike the ghost salaries and vanished budgets we know too well.
Second Deputy Governor Hon. Rita Nyankiir Akoon called the meeting an “eye opener.” Some might say it is more of a wallet closer if reforms don’t come fast.
But we respect the optimism. South Sudanese are good at smiling through economic trauma. It is a national sport now, just below wrestling and long political speeches.
Of course, all this talk of reform brings us back to the good old days. Remember when we had one hundred pound notes that could actually buy something?
Those were the days when you could walk into a tea place and walk out with change. Now, if you find 500 SSP on the street (≈ $0.62), you leave it there. It costs more in sweat to bend down.
And don’t get us started on digital banking. Half the country still trusts goats over apps. You tell someone in the village to “open a mobile wallet,” and they will think you mean a pouch for their tobacco.
SSP Reality vs. BoSS Dream
Aspect
Current Reality
Reform Dream
Value of 1,000 SSP
≈ $1.25, or 2 eggs
Worth a proper lunch (someday?)
Digital transactions
Mostly airtime and apologies
Phone based payments like in Nairobi
Security features
Sun faded notes with chicken stains
Notes that don’t double as tissue
Trust in banks
As stable as Juba traffic after rainfall
Strong as a Dinka bull
Still, we appreciate the initiative. It is hard work trying to give meaning to a currency that often feels more symbolic than spendable.
If BoSS can even get us halfway to stability, maybe one day we will buy a boda ride without needing two handbags of paper notes.
In the meantime, we await the next steps in this “journey.” May it not end like most roads in South Sudan — unfinished, flooded, or full of potholes.
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