(JUBA) – The Bank of South Sudan has asked journalists to take a leading role in explaining new financial policies to the public as the country prepares to roll out major changes in its banking system. In a media engagement held on 29 September 2025, the Central Bank brought togetherContinue Reading
(JUBA) – A growing number of international banks are withdrawing from African markets after decades of operation, citing falling profit margins, rising compliance costs and strong competition from telecom led mobile money platforms. While most exits have taken place in West and Southern Africa, banking analysts warn that the trendContinue Reading
(JUBA) – Key financial and business leaders have agreed to work together to speed up the adoption of digital payments in South Sudan, saying it will reduce costs and make trade more efficient. The Bank of South Sudan hosted a meeting on 26 September 2025 with the National Chamber ofContinue Reading
(JUBA) – The Bank of South Sudan (BoSS), together with senior government officials, paid tribute on Thursday, September 26, 2025, to the late former Governor of the Central Bank, Othow Rago Ajak, who passed away in Egypt on September 17. The funeral ceremony brought together BoSS leadership and public officialsContinue Reading
(RUMBEK, LAKES STATE) – A senior delegation from the Bank of South Sudan (BoSS), led by the Director General for Banking Operations, Dr Chan Andrea Chan, has carried out a final inspection of the newly renovated BoSS Currency Centre in Rumbek, Lakes State. The visit on 24 September 2025 wasContinue Reading
(NAIROBI) – The East African Community (EAC) has postponed making a decision on where to locate the East African Monetary Institute (EAMI), raising further uncertainty about the timetable for the regional monetary union. The delay has left Kenya’s long standing bid to host the transitional institution in question. Officials sayContinue Reading
(JUBA) – The Central Bank of South Sudan (BoSS) has banned the transportation of large sums of cash in an attempt to control money laundering, illicit financial flows and currency hoarding. The directive issued on 16 September 2025 states that businesses and individuals are no longer allowed to carry significantContinue Reading
(JUBA) – The Bank of South Sudan (BoSS), together with a visiting World Bank team, held a review meeting in Juba on Tuesday to assess the progress of the Strengthening South Sudan Financial Sector (3SF) project. The initiative is aimed at improving the country’s financial systems, supporting capacity building andContinue Reading
(JUBA) – The Bank of South Sudan has announced new rules governing the movement of cash within the country and across its borders, in a move aimed at strengthening financial stability and curbing illegal money flows. The directive, issued on 16 September 2025 by the Directorate of Banking Supervision andContinue Reading
(JUBA) – The Bank of South Sudan (BoSS) has confirmed the passing of its former Governor, Hon. Othom Rago Ajak, who died in Cairo on 17 September 2025 at the age of 70. His family announced that Ajak, who had been receiving treatment in Egypt, died after a short illness.Continue Reading
