Economics | Nyamilepedia

Former government employees threaten to demonstrate if their demands are not met

NyamilepediaMarch 19, 2021March 19, 2021

by NyamilepediaMarch 19, 2021March 19, 20210218

March 19, 2021(Nyamilepedia) — Former government employees have threatened to hold demonstrations next week across South Sudan if their benefits are not paid. These employees...

Economics News South Sudan

Nhial Deng, Athian Diing and Dier Tong brief Kiir on economic reforms

NyamilepediaMarch 9, 2021March 9, 2021

by NyamilepediaMarch 9, 2021March 9, 20210725

March 9, 2021(Nyamilepedia) — On Monday, H.E. President Salva Kiir Mayardit hosted the Minister of Presidential Affairs, Minister of finance and the Central Bank governor...

An Open Letter to H.E Salva Kiir Mayardit to remove Hon. Athian Diing Athian, The Unqualified Minister of Finance and Planning

NyamilepediaMarch 6, 2021March 6, 2021

by NyamilepediaMarch 6, 2021March 6, 20210828

By South Sudan Anti-Corruption Forum March 6, 2021(Nyamilepedia) — Your Excellency, you are a leader, who fought for this country to get its independence and...

Breaking News Economics News

Jebel Market traders accuse fire fighters of slow response to fire

NyamilepediaFebruary 25, 2021

by NyamilepediaFebruary 25, 20210609

Feb 25, 2021(Nyamilepedia) — Traders in Juba’s Jebel market are pointing accusing fingers to the Fire Brigade Service citing their slow response to fire emergency...

Central Bank introduces a new bank note

NyamilepediaFebruary 12, 2021February 12, 2021

by NyamilepediaFebruary 12, 2021February 12, 202101770

Feb 12, 2021(Nyamilepedia) — The Central Bank on Tuesday introduced a new bank note of SSP 1000 as a way to cope with hyperinflation of...

South Sudan Anti-Corruption Forum wants Nilepet director fired

NyamilepediaFebruary 3, 2021February 3, 2021

by NyamilepediaFebruary 3, 2021February 3, 202101555

Feb 03, 2021(Nyamilepedia) — South Sudan Anti-Corruption Forum has called on the president to fire the Managing Director of the state-owned NILEPET, Eng. Bol Ring...

Government to boost agricultural production using oil money

NyamilepediaDecember 23, 2020December 23, 2020

by NyamilepediaDecember 23, 2020December 23, 20200626

Dec 23, 2020(Nyamilepedia) — South Sudan’s Vice President, Dr. James Wani Igga on Tuesday said that the government is going to use oil money for...

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

NyamilepediaDecember 15, 2020December 15, 2020

by NyamilepediaDecember 15, 2020December 15, 20200644

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...

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

NyamilepediaDecember 7, 2020December 7, 2020

by NyamilepediaDecember 7, 2020December 7, 20200345

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...

NRA Deputy Commissioner-General Report revenue collected to president Kiir

NyamilepediaNovember 25, 2020

by NyamilepediaNovember 25, 20200162

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...

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

NyamilepediaNovember 19, 2020November 19, 2020

by NyamilepediaNovember 19, 2020November 19, 20200180

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...

World bank pledges support to resuscitate South Sudan’s developmental agenda

NyamilepediaNovember 18, 2020November 18, 2020

by NyamilepediaNovember 18, 2020November 18, 20200103

Nov 18, 2020(Nyamilepedia) — In a bid to accelerate developmental projects in South Sudan, President Salva Kiir Mayardit met with a delegation from the World...

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

NyamilepediaNovember 12, 2020November 12, 2020

by NyamilepediaNovember 12, 2020November 12, 20200140

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...

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

NyamilepediaNovember 6, 2020November 6, 2020

by NyamilepediaNovember 6, 2020November 6, 20200127

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...

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

NyamilepediaNovember 3, 2020November 3, 2020

by NyamilepediaNovember 3, 2020November 3, 20200120

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...

President Kiir fires Central Bank Governor Jamal Abdallah Wani

NyamilepediaNovember 2, 2020

by NyamilepediaNovember 2, 20200139

Nov 02, 2020(Nyamilepedia) — President Kiir has fired the Central Bank Governor, Jamal Abdallah Wani in a public decree that was read out on the...

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

NyamilepediaOctober 26, 2020October 26, 2020

by NyamilepediaOctober 26, 2020October 26, 20200157

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...

President Kiir to be blamed for currency devaluation

NyamilepediaOctober 22, 2020

by NyamilepediaOctober 22, 20200105

Oct 22, 2020(Nyamilepedia) — The Lakes State member of Parliament, Dharuai Mabor Teny, who is also the Leader of Youth Parliamentary Caucus in the defunct...

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

NyamilepediaOctober 21, 2020October 21, 2020

by NyamilepediaOctober 21, 2020October 21, 20200113

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...

Businesses in Yei remained closed as South Sudan faces economic woes

NyamilepediaOctober 19, 2020October 19, 2020

by NyamilepediaOctober 19, 2020October 19, 20200144

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...

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

NyamilepediaOctober 18, 2020October 18, 2020

by NyamilepediaOctober 18, 2020October 18, 20200102

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...

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