Will Central Bank’s auction revive South Sudan’s troubled economy?

The Bank of South Sudan (BOSS) has announced a new round of foreign exchange auctions for Thursday, August 7, 2025. The move is part of efforts to reassert control over the currency market and reduce reliance on black market dollar trading. According to the official notice, banks with access to the Refinitiv platform are required […]
BoSS recognizes Mobile Money as legal payment method

Bank of South Sudan (BoSS) has officially recognized mobile money as a valid and legal form of payment for goods and services. The move, BOSS said, aligns with the bank’s strategic plan for 2023-2027, which intends to increase the use of mobile money services among the adult population to 30% by 2027. In a statement […]
Equity Bank unveils cashless ‘Pay with Equity’ app in South Sudan

Equity Bank South Sudan has officially launched a new digital payment platform called ‘Pay with Equity’, a cashless system designed to enable customers and merchants to conduct transactions electronically, eliminating the need for physical cash. The mobile-based application allows Equity Bank account holders to pay for goods and services at zero transaction cost, provided the […]