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Category : Economics

Breaking News Economics News South Sudan South Sudan news

South Sudan to hold an investment forum next year to woe investors

Nyamilepedia
Dec 15, 2020(Nyamilepedia) — The South Sudan government announced that it will hold a conference next year to attack foreign investors in the country. The...
Breaking News Economics News Peace Process South Sudan South Sudan news

South Sudan Lacks reforms to financial governance, no approved budget for peace

Nyamilepedia
Dec 7. 2020(Nyamilepedia) — Latest reports by the UN Panel of Experts on South Sudan reveals that the world’s youngest nation is facing a huge...
Breaking News Economics News Politics South Sudan

NRA Deputy Commissioner-General Report revenue collected to president Kiir

Nyamilepedia
Nov 17, 2020(Nyamilepedia) — In what they hope to improve transparency and accountability in the government, South Sudan’s Revenue authority meets president Salva Kiir to...
Economics IMF News South Sudan World Bank

South Sudan’s key financial institutions lack constitutional checks and balances

Nyamilepedia
Nov 19, 2020(Nyamilepedia) — Speaking during a constitution-making process workshop on Thursday, South Sudan’s Minister of Defense and Veteran Affairs, Hon. Angelina Teny, pointed out...
Breaking News Economics News South Sudan

IMF Approves US$52.3 Million Disbursement to South Sudan to Address COVID-19

Nyamilepedia
Nov 12, 2020(Nyamilepedia) — The Executive Board of the International Monetary Fund(IMF) has approved its first lending operation with South Sudan of SDR 36.9 million...
Breaking News Economics News South Sudan

Central Bank to increase the interest rate to 15% to save the economy

Nyamilepedia
Nov 06, 2020(Nyamilepedia) — The newly reappointed central bank governor Dier Tong has increased the bank’s interest rates to 15% as a way to control...
Analyses Breaking News Economics News South Sudan

How recycling officials in the financial institutions will only damage South Sudan’s fragile economy

Nyamilepedia
Nov 03, 2020(Nyamilepedia) — A south Sudanese economic analyst, Prof Akim Ajieth has warned that recycling post holders in the financial institutions is detrimental to...
Breaking News Economics Education News South Sudan

South Sudan university students strike over hike in tuition fees and access restriction

Nyamilepedia
Oct 26, 2020(Nyamilepedia) — South Sudan’s University of Juba students staged a protest at the University entrance citing the unexpected increment in school fees and...
Breaking News Corruption Economics News Opinion South Sudan news

Corrupt on arrival, new level of corruption rocks South Sudan Ministry of Finance

Nyamilepedia
Opinoion, By Deng Peter Kuol Oct 21, 2020(Nyamilepedia) — Just in three weeks time, Hon. Minister Athian Diing Athian, the newly appointed Minister of Finance...
Breaking News Economics News South Sudan South Sudan news

Businesses in Yei remained closed as South Sudan faces economic woes

Nyamilepedia
Oct 19, 2020(Nyamilepedia) — Despite the government’s efforts to plead with traders to open their businesses, shops in Yei River County, Central Equatoria State remained...
Breaking News Eastern Africa Economics News South Sudan South Sudan news

South Sudan bans use of U.S dollar over the local currency, SSP.

Nyamilepedia
Oct 18, 2020(Nyamilepedia) — Responding to economic crises, South Sudan has resolved to ban excessive use of U.S. dollar in the local market, a move...
Breaking News Economics Ethiopia Kenya South Sudan South Sudan news Sudan

South Sudan orders foreign traders to lower prices within 72 hours

Nyamilepedia
Oct 18, 2020(Nyamilepedia) — In attempt to stablize the economy, which is usually determined by the laws of supply and demand in many countries, South...
Breaking News Economics News South Sudan South Sudan news

South Sudan forced US Dollar to drop but prices are skyrocketing

Nyamilepedia
Oct 18, 2020(Nyamilepedia) — In the wake of an announcement that crippled the South Sudanese pound overnight, the Sudan government began to enforce a far-fetched...
Breaking News Eastern Africa Economics News South Sudan South Sudan news

A miscalculated announcement by South Sudan Minister left the economy in shambles

Nyamilepedia
Oct 14, 2020(Nyamilepedia) — An announcement by the official government spokesman and the minister of information on Friday left the South Sudanese economy in shambles. With...
Breaking News Economics News South Sudan

South Sudan denies change of currency, blames Minister for hyper inflation

Nyamilepedia
Oct 14, 2020(Nyamilepedia) — Chairing a cabinet ministers meeting this evening in the capital, Juba, President Salva Kiir blames the cabinet and the Minister of...