October 23, 2024
Business
Business

South Sudan Pays Ruweng Its Oil Proceeds

By David Malaak South Sudan is set to pay proceeds to the oil producing area of Ruweng, six years after it last remitted such funding. The South Sudan Petroleum Revenue Management Act, 2013, a legal formula for distributing and using oil wealth in the country allocates 5 percent to oil producing states of which 3 […]

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Business

Maintenance To Leave South Sudan Capital Without Electricity

By James Kuir Yak South Sudan’s Capital will experience power blackout on Monday asthe power plant supplying electricity, the Juba Electricity Distribution Company announces shutdown to allow for maintenance. The City will have no power the whole day to allow for “annual preventive maintenance” on its power station and distribution networks, according to the power […]

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Business

South Sudan Launches Business, Employment And Innovation Hub

By Staff WriterA new hub has been launched in Juba to assist young people with skills, employment and entrepreneurial development.The Integrated Business, Employment and Innovation Hub (Juba iHub) is a one-stop-shop where youth can expand their businesses, improve their employment profiles, and acquire innovation skills and knowledge.The iHub was launched on 15 July under the […]

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Business

Turkey Provides Agriculture Kits For Farmers in South Sudan

By Staff Writer Farmers in South Sudan have been boosted with donations of agriculture tools and seeds by Turkey. The donation through the Turkish Cooperation and Coordination Agency included 2600 kilograms of seeds, and 2500 farming equipment that will benefit more than 1000 farmers. “Turkey is working closely with the government of South Sudan and […]

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Business

South Sudan Sets Aside 5,000bpd of Crude to Double Salaries

By Okech Francis South Sudan is setting aside 5,000 barrels of its Nile Blend every day to cover government salaries, which it doubled from July as an economic crisis eroded the local currency’s purchasing power. The local pound had depreciated to such as extent that police officers now earn the equivalent of $5.45 per month. The […]

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Business

Rains Cut Off South Sudan Capital From Agriculture Rich Neighbourhood

By Kidega Livingstone  Heavy rains pounding across South Sudan is cutting off vital supplies to the capital and other parts of the country. Travelling with commodities across flood-prone South Sudan is worst during the months between June and September, when heavy rains lead to flooding in most parts. In the Eastern Equatoria region of Magwi […]

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Business

South Sudan Youths Appeal For Inclusion In Enterprise Fund Bill

By Staff Writer, Juba   South Sudan Youth Organizations’ Coalition, a loose collection of over 20 indigenous organizations operating in the country is appealing to the national Ministry of Youth and Sports to include local voices in the recent submitted Youth Enterprise Development Fund Bill. Last week, the National Youth Union among other local partners […]

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Business

South Sudan Revenue Authority Launches E-Tax System

By Awan Achiek The National Revenue Authority (NRA) on Wednesday launched E-tax payment system that will allow public and private institutions to pay their taxes online. The E-tax system aims at accelerating the modernization and automation of tax collection, in addition to gathering additional data tax payers in the country, according to Albino Chol, NRA […]

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Business

South Sudan Rehabilitates Juba-Nimule Thoroughfare At 100M Euro

By Staff Writer South Sudan has launched the rehabilitation of the highway linking the capital Juba with the East African region. The 24 months rehabilitation work will cost 150 million euros loan to the country by Ozturk holding LTD, a Turkish company. Constructed before independence, the 192 kilometer highway between Juba and Nimule accounts for […]

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Business

South Sudan Proposes $1.9Bn 2021/2022 fiscal Year Budget

By Onen Walter Solomon South Sudan’s government has agreed a proposed budget of 613 billion South Sudanese Pounds ($1.8 billion) for the 2021-2022 fiscal year. The amount was agreed by the cabinet of ministers in a meeting on Wednesday, Baba Medan, the Deputy Information Minister told reporters in Juba. Of the estimates, 544 billion ($1.6 […]

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