Juba Wallstreet

26/01/2024

In a recent exclusive interview with Business Daily, Joshua Oigara, the CEO of Stanbic Bank Kenya and South Sudan, shared his insights on the current business landscape in South Sudan. The conversation delved into the challenges, opportunities, and overall prospects for businesses, including Stanbic, operating in the region…
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25/11/2023

22/09/2023

South Sudan

22/09/2023

South Sudan must deliberately formulate policies that will analyze, monitor, measure and track an optimum level of capital flight allowable in the economy to spur economic growth and at the same time leverage the effects of foreign exchange volatilities.
Akol Nyok Akol Dok Taban James, Ph.D. Rotarian/ Strategic Thinker/Economist/
Bank of South Sudan Bak Barnaba Chol, Ph.D

04/09/2023

04/09/2023

What are your expectations from the 1st National Economic conference that will kick off today?

What topics would you like to be discussed?

03/08/2023

In a surprising turn of events, President Kiir has taken a decisive step in the nation's financial leadership by firing the former Minister of Finance and Planning, Dier Tong Ngor. This monumental decision was communicated through a presidential decree read on the state-run TV-SSBC, sending ripples of speculation throughout the country.
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29/07/2023

Here is the results of the July FX Auction.

How can the Auction efforts lead to economic recovery?
Can injections of much needed liquidity into the market support the nation’s financial system.
Bank of South Sudan

Here are some pros and cons of auctioning hard currency into the market

Pros of Hard Currency Auctions:
1. Stabilizing Local Currency: Hard currency auctions can potentially stabilize a depreciating local currency by increasing the availability of foreign currency in the market. The increased supply can help counterbalance the excess demand for foreign currency, reducing pressure on the local currency's value.
2. Boosting Market Confidence: Auctions can enhance market confidence as they provide a transparent and regulated mechanism for acquiring hard currency. This can attract foreign investors and increase trust in the local currency, potentially stabilizing exchange rates and promoting economic growth.
Cons of Hard Currency Auctions:
1. Demand-Supply Imbalance: Hard currency auctions may not fully address the underlying issues causing local currency depreciation. If the demand for foreign currency exceeds supply due to structural factors like trade imbalances or capital flight, the auctions might not effectively stabilize the local currency's value.
2. Potential Manipulation: The auction process requires careful monitoring to prevent market manipulation or insider trading, which can undermine the intended outcomes. Transparent and robust governance frameworks are essential to ensure fair participation and avoid distortions.

28/07/2023

In the realm of fiscal management, the budget cycle plays a fundamental role in determining the financial policies and strategies of a government. Let's delve into each phase of this crucial cycle to better understand its significance and workings.

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11/07/2023

In the
first half of this year, the South Sudanese currency experienced a significant
depreciation, plunging by approximately 46.88% against the US dollar. This
downward spiral raises concerns and poses various challenges for the economy of
the world's youngest nation.

11/07/2023

The fiscal
year 2022/2023 marked an important period for South Sudan as the government
implemented its budget to spur economic growth and address key priorities. A
closer look at the revenue collected and expenditures incurred during this
period reveals the performance of the budget.



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