JUBA – Central Equatoria cabinet has approved what it termed a landmark investment proposal by Global Trading Commodities (GTC) Group amounting to $560 million for the establishment of a major …
Business
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BusinessJusticeNews
16 soldiers arrested in Warrap over theft of SSP18 million
by Juba Witnessby Juba WitnessWARRAP – At least 16 soldiers were arrested in Twic County, Warrap State, in connection with a nighttime raid in Turalei town on Thursday during which a businessman lost 18 …
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BusinessNews
Beaten in internet service, MTN says to sell Starlink kits in ‘game-changer’ partnership
by Juba Witnessby Juba WitnessJUBA – Telecom network MTN South Sudan has announced a partnership with Elon Musk’s Starlink company which will enable it to sell the satellite internet kits and subscription service to …
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BusinessJusticeNews
EACJ hearing in Ayii Duang’s $1 billion lawsuit against South Sudan set for Oct. 30
by Juba Witnessby Juba WitnessARUSHA – The East African Court of Justice has set October 30th as the hearing date in the 1-billion-dollar lawsuit filed by a private airline company against the government of …
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BusinessNews
Power giant Ezra halts tariffs reduction ordered by President Kiir
by Juba Witnessby Juba WitnessJUBA – Ezra Construction and Development Group, the majority shareholder in Juba Electricity Distribution Company (JEDCO), has directed the power distributor to suspend the implementation of a presidential directive to …
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BusinessNewsWorld News
Larry Ellison overtakes Elon Musk as world’s richest man
by Juba Witnessby Juba Witness(JW) – Elon Musk has lost his title of “world’s richest person” title to the cofounder of artificial intelligence giant Oracle, Larry Ellison, accroding to financial news agency Bloomberg. Ellison’s …
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BusinessNews
Bank of South Sudan plans to print more cash amid liquidity crisis
by Juba Witnessby Juba WitnessJUBA – The Bank of South Sudan governor announced on Monday the institution intends to print more money in a short-term bid to address the dire shortage of cash in …