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South Sudan: President Kiir Fires Central Bank Governor
East African, 3 November 2020
South Sudan's President Salva Kiir on Monday dismissed Central Bank governor Jamal Wani amid the ailing economy. Read more »
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South Sudan: Currency Loses More Value Amid Plans to Change It
East African, 22 October 2020
South Sudan's currency drastically depreciated against the dollar last week, just after the government announced plans to change it, an indication that more currency hoarders had… Read more »
South Sudan Central Bank Governor Given the Boot
President Salva Kiir has dismissed Central Bank governor Jamal Wani at a time when the economy is ailing. He has been replaced by former governor Dier Tong. The president did not provide reasons for the decision, although he cited presidential powers enshrined in the Constitution. The country's currency depreciated dramatically against the U.S. dollar, just after the government announced plans to change it. On October 9, 2020, the Council of Ministers said the change is an attempt to mop up hoardes of cash, it says is to blame for the economic decline.
InFocus
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The peace deal, albeit shaky, has brought with it some financial gains over the past two years, with the country reportedly making more than U.S.$1 billion annually in extra oil ... Read more »
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In an effort to in promote border trade between the two countries, Khartoum and Juba have laid the foundation for a free trade zone in the area of Mokhaleef in El Jebelein locality ... Read more »
