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Weekly business news Money and Banking

  Economics of Government Spending Dr Moyi Harry Ruben: 0922166557   Policy makers are divided as to whether government expansion helps or hinders economic growth. Advocates of bigger government argued that government programs provide valuable public goods such as education and infrastructure. They also claim that increases in government spending...
Business

US Dollar reaches 330 as market prices soar

  Photo of commodities at Custom Market (photo by Rose Keji Benjamin): By Rose Keji Benjamin The South Sudan Pounds has weakened to a record low in the past week, hitting 330 per one USD in the black market. Market prices have been skyrocketing every day since last week, forcing...
Business

Monthly Market Price Monitoring Bulletin

    WFP news A report by World Food Programme early this year gave the economic gloomy picture of the continued price hike in the country. This is centred on the basic commodities popular in every house hold but which have become far reached by the majority. Currency Exchange Rate:...
Business

All businesses to be registered

  Ayii Duang Ayii (left) during the press conference By Jale Richard All national and foreign businesses in the country will be registered with the South Sudan Business and Employers Federation in order to regulate business activities in the country. The President of South Sudan Business and Employers Federation (SSBEF),...
Business

Women entrepreneur in the making

    Martha Abari Bartholomew with her employee at the retail shop that she owns in Munuki neighbourhood in Juba, South Sudan. (story and Photo: © UNDP) In a country like South Sudan, facing conflict and an unprecedented economic crisis causing the price of goods to increase at an alarming...
Business

Food prices soar in the country

  TOUGH TIMES: Traders sell vegetables in a market in Akuem, outside Aweil, Picture: AFP   By AFP News More than 50 percent of the cultivation has been lost in the area due to dry spells, floods and plant diseases. Since last year more than 70 000 people from Northern...
Business

KCB Weighing Options to Resolve Standoff

  KCB headquarters in Juba (file photo by Jale Richard): By Jale Richard The management of Kenya Commercial Bank yesterday said they were weighing options to resolve the standoff between the bank and the South Sudan National Ministry of Labour regarding dismissal of 66 national Staff. In a statement, KCB’S...
Business

Terekeka resorts to river transport

By Rose Keji Benjamin Business communities in Terekeka have resorted to river transport due to poor condition of roads between Juba and their state. In a statement to Juba Monitor, Terekeka State’s Minister of Information, Philip Ladu, said the roads were now impassable as a result of heavy rains that...
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