JUBA — South Sudan was ranked as Africa’s most inflation-hit economy in 2025 at 97% according to the International Monetary Fund’s projections, as the rapid pound depreciation continued to erode …
Category:
Business
-
-
BusinessEconomyJusticeNews
South Sudan fights $1B arbitration award to Qatar over civil war-era loan
by Juba Witnessby Juba WitnessJUBA — The Bank of South Sudan urged a federal court in Washington, D.C., on Friday not to enforce a $1 billion arbitral award in favor of Qatar National Bank, …
-
BusinessNews
Contractors claim South Sudan government owes them $700 million in arrears
by Juba Witnessby Juba WitnessJUBA – The South Sudan Contractors Association claims that it is demanding from the national government accrued arrears of 700 million US dollars for various road projects. The association’s chairperson, …
-
BusinessEconomyJusticeNews
Trading firm seeks to block sale of South Sudan crude cargo over US$100m debt
by Juba Witnessby Juba Witness(JW) – BB Energy has won a last-minute court judgment to prevent the government of South Sudan from selling an oil cargo worth at least US$20mn, due to be shipped next week, …
-
BusinessEconomyPolitics
Kiir directs new Central Bank governor to address cash shortage
by Juba Witnessby Juba WitnessJUBA – President Salva Kiir has directed new Bank of South Sudan (BoSS) Governor Yeni Samuel Costa to swiftly find a sustainable solution to the liquidity crisis facing the country. …
-
BusinessJusticeNews
Juba Hotel, where 3 sisters mysteriously died, to reopen on justice minister’s order
by Juba Witnessby Juba WitnessJUBA – South Sudan’s Minister of Justice and Constitutional Affairs, Joseph Geng Akech, has directed the reopening of Freedom Hotel where three sisters died of suspected food poisoning in March …
-
JUBA – The Bank of South Sudan has launched the South Sudan Interbank Settlement and Payment System (SSIPSS) to ease transactions and address liquidity crises. The system will facilitate smooth …
-
BusinessHumanitarianNews
Jonglei forum urges 20% youth quota in decision-making, end to heavy tax on small businesses
by Juba Witnessby Juba WitnessBOR – An advocacy workshop for women and youth empowerment, facilitated by INTREPID South Sudan (ISS) calls for an end to excessive taxation of small and medium scale enterprises and …
-
BusinessNewsSport
Cristiano Ronaldo becomes first billionaire footballer
by Juba Witnessby Juba WitnessPortugues and Al Nassr forward Cristiano Ronaldo has set a new record by becoming the first footballer with an estimated wealth of around 1.4 billion US dollars. The player’s massive …
-
BusinessEntertainmentNews
‘Is she okay?’: Dramatic Stanbic Bank advert raises injury concerns
by Juba Witnessby Juba WitnessJUBA – South Sudanese on social media have reacted with concern following a Stanbic Bank South Sudan advertisement in which a young woman dramatically crashed on a hard floor. In …
Newer Posts
