Archive for the ‘Economy’ Category

By Manyuon Dhieu Chol, Juba, South Sudan




December 2, 2017 (SSB) — A country’s economic success is measured by looking at that its economic growth and development. This piece defines and explains economic growth and economic development in respect to the current economic state of South Sudan. A country’s economic growth is generally indicated by an increase in her gross domestic product (GDP). GDP is an economic model that reflects the value of a country’s output; a total of her monetary values of all the goods and services produced by that country over a specific period.

On the other hand, economic development is the progress in an economy. It refers to the adoption of new technologies, the transition from agriculture-based to an industry-based economy, and general improvement in living standards of the citizens’ quality of life when the below-listed factors are practical:



Energy Africa Conference 2017

Denver- Colorado, November 9, 2017

Remarks by David Mayen Dengdit, Press Secretary- Office of the Vice President

Republic of South Sudan

Title: Energy Security in South Sudan

tribalism in rss


November 12, 2017 (SSB) — I am honored to be part of this important gathering, Energy Africa Conference 2017. It would have been even more special if I attended and participated physically, not least because it is held in the beautiful city of Denver where my family and I spent more than two memorable years of our lives. Indeed, it is special because it allows me to speak about my country South Sudan and the potential it holds in terms of energy resources and challenges therein.

Like most sub-Saharan countries, South Sudan is a country rich in energy resources such as oil, hydropower, and solar. Around these resources, the country’s range of energy security issues may not be so different from its continental neighbors’, yet peculiarities would control the shape of solutions and predicted costs involved.


How South Sudan’s elite looted its foreign reserves
EXCLUSIVE: Leaked audit report shows how family and friends of top government officials benefited from letters of credit scam.


From rags to riches: the amazing transition of the South Sudanese Minister

The looting of South Sudan

We all know, intuitively, that there is a powerful link between war and money. When the bullets fly, someone dies; meanwhile, someone else is getting rich.

In South Sudan, we know who is dying. At least 50 000 people, mostly civilians, in nearly four years of fighting. That figure is probably a gross underestimate. Another four million – a third of the population – have been forcibly displaced from their homes, fleeing to squalid refugee camps in neighbouring countries or trying to make a new life in dangerous, unfamiliar conditions somewhere else in the country. Families have been torn asunder, livelihoods abandoned, future generations sacrificed in the near-complete absence of education and basic healthcare.

Now we also know who is getting rich. Simona Foltyn’s painstaking investigation into how South Sudan’s ruling elite have stolen and squandered the country’s reserves of foreign currency is an extraordinary insight into the mechanics of looting on a grand, almost unimaginable scale. Nearly a billion dollars cannot be adequately accounted for, according to a report produced by the state’s own auditor-general – a report which, for obvious reasons, the state has been reluctant to make public.

Implicated in the scam are close friends and family of South Sudan’s most senior officials, including figures aligned to both the government and the rebels. It’s clear there are no good guys leading this war – only the rich and powerful trying to get richer and more powerful, casually risking the lives and futures of South Sudan’s people to do so. – Simon Allison

To read the full article, click on the following link

By Governor Mike Sonko, Nairobi, Kenya


From rags to riches: the amazing transition of the South Sudanese Minister

November 1, 2017 (SSB) — How did that fool overtake me? That’s the question that lingers in the minds of most people when they turn 55. They know very well that they studied hard, worked hard and lived a generally organized life. What they really can’t figure out is how that rugged looking, unschooled tout in the street managed to build an economy 100 times better than theirs.

How did that D- (Minus) material manage to own acres and acres of real estate? Or how did that mtumba seller manage to build a bungalow while I am still struggling to pay for a mortgaged two bedroom apartment? Well, that’s the sad reality of life. Sometimes those from whom not much is expected are the ones who pull a couple of surprise moves in life.

This article brings this into perspective. It’s a life-journey comparison of two people. One is a matatu tout the other one is a banker. One is in a blue-collar worker in a field that is otherwise reserved for those who seem unambitious in life. The other one is an educated, neatly dressed white-collar professional who spends most of his time in some corner office.


By Garang Atem Ayiik, Nairobi, Kenya

Fighting in South Sudan

Fighting in South Sudan

October 8, 2017 (SSB) — “Why Nations Fail” provides a very useful insight to understand the ongoing political intrigues in the east African region and what it may mean for the future of the region. The authors, Daron Acemoglu of MIT, and political scientist and economist James Robinson of Harvard University adopted a historical and comparative analysis approach to explaining why countries have different levels of wealth. In their analysis of data across countries and continents for over four hundred years, they found “institutions” as the main cause for inequalities across countries and continents.

In Kenya, the annulled presidential results of 8 August 2017 election put back to the campaign trail the main contenders for the Presidency. While the incumbent, President Uhuru is on a full-blown nationwide campaign, his main challenger, Raila Odinga is on a periodic two-day weekly protest in search for a reform within the electoral body. Evidence of unstable electoral institution.

In Rwanda, a constitutional provision for a presidential term limit has been removed potentially to give way for continuity of President Paul Kagame’s rule. In Uganda, members of parliament allied to the ruling party (National Resistance Movement) are processing an amendment to remove presidential age limit requirement. This is assumed to give room for President Museveni’s life rule who might not contest in accordance with the constitution if no amendment is made. Institutions correlate with rulers, they are not for society’s prosperity but for leader’s prosperity.


The neglected sources of revenue in South Sudan that led to the government’s bankruptcy: Blaming drop in oil price and war are coincidental    

Longar Mathiec Wol, Nairobi, Kenya

black market vs central bank rate - Copy

August 21, 2017 (SSB) — The American politician and businessman Erskine Bowles once said “I think that if we don’t get these politicians to come together we face the most predictable economic crisis in history”. Inarguably that is the case today in South Sudan. The dispute in two camps hold the country hostage and the economic crisis is taking a toll on the citizens. It is up to us to bring these two camps or these politicians together and open a new chapter of economic recovery or we perish economically.

Though the war is not the only cause of the country’s worst economic crisis, it contribution is undeniable. The youngest nation’s government has been challenged by how to stabilize the country’s economy since the start of a disastrous civil war in 2013. The attempts to reinvigorate the economy went futile. The economic crisis that led the country into hyperinflation and the loss of public confidence in the government due to the rise of cost of living and in the way through which it handles the situation.

Many people traced the crisis back to 2013 but, the truth of the matter is, it was coincidental. Whether the war broke out or not this crisis was on its way and could have happened because the government has overlooked many factors that would have easily contributed toward the economic crisis in future.

When the country got independence, the aid extended by many countries made the government relaxive; It remains without a future plan on how it’s going to operate in the absence of this assistance from the donors. Some of the signs that the government didn’t put in place some of the mechanism on how to generate it revenue apart from hand out from the foreign donation.


By Khurthii Manyuat, Beijing, China

Looking for black market fuel sellers    

August 3, 2017 (SSB) — The political and military system in the Republic of South Sudan are based and totally depends on oil revenues which mean the decline of oil revenues is directly responsible for the financial crisis that threatens the functioning of such an expensive system.

The financial crisis has created a large number of arrears of wages for soldiers and other arms of government institutions. Because of the financial crisis, the government has failed to perform on the incorporations of the rebels and the government’s commitment to reconciling many arms groups’ mutinies.

After the death of founding the father of South Sudan, many rebels emerged and got adopted to be a bribe to peace and reconciliation. Therefore with current financial situations, the government is handicapped and unable to substitute the rebel-bribes equation. The financial crisis to which its monoxide is being smoked by south Sudanese resulted from the decline of oil production.


By Zack Mayul, Kampala, Uganda

Looking for black market fuel sellers

In search of black market sellers of fuel in South Sudan

July 28, 2017 (SSB) — This thing. A sense of losing moral values, loss of one’s own dignity, and the engineer of the world total distraction: a game where men seduce other men and fall in love with the size of their pockets and bank accounts. This, let’s just baptize it ‘ECONOMIC HOMOSEXUALITY.’

In other words, it is a process by which men chase men with money, or women chase their fellow women because they have what they want. It is no longer a diagonal affair like gold digging anymore as you might think.

In this process, at this critical time; it is where money produces the loudest noise, trust lose value, friendships all dead and gone, and respect got buried unceremoniously. These days, those who used to be close together have dispersed. No phone calls to check on one another, no frequent visiting, and no usual beer joints as a team.


By Ustaz Abraham Mabior Rioc, Juba, South Sudan

politics of general in south sudan

Political cartoon by Ajith Isaiah Majok

July 2, 2017 (SSB) — In the world over, the issue of black market business and transactions of vital commodities remains at stake with dollars and fuel dealings is protected by law of the respective countries. However, in South Sudan for instance, the issue of dollars and fuel dealings have become the order of the day among the ordinary citizens while the rule of law is watching with its hands folded behind.

From the economic point of view, the matter of selling dollars in the black market by some people who have resorted to that petty business remains an outstanding issue of concern which seems to be a real threat to national economy. What makes an individual to wonder is the nature of the cheating being involved with cunning people victimizing the innocent ones. I always hear people talking of dollars exchange rate in the black market and the cheating cases which is complex in Juba and its suburban areas.



By Akecam Mamer Thokgor, Rumbek, South Sudan


Hunger can only be treated with food, not politics!

June 3, 2017 (SSB) — By fact South Sudan is recognized as one of the most ethnically diverse countries in Africa with over sixty (60) major language or ethnic groups. Due to this fact, South Sudan as a country currently has a population of 13,028412, based on the latest United Nations estimates that was released on Friday April, 28,2017(for more information visit: This implies that the population of South Sudan population about 0.17% of the total World population.

As seen in the above paragraph, there is a rapid population growth in South Sudan. For instance, during the Fifth Population and Housing Census of Sudan of 2008, it was found that the population of South Sudan was 8.26 millions.  Looking at the increase of the population of South Sudan from 13,028412 to 8.26 million, it can be concluded that despite the war, famine, hunger, starvation and other related diseases, the population of South Sudan is growing unabatedly. This explains why there is a need for the government to properly plan for this run away population.

Thus, basing on the brief introduction concerning about the population and why the government needs to plan ahead above, I would like to inform you, my readers that population of South Sudan is at a daily increasing rate at such a high rate that  the  available resources without their proper utilization may not adequately meet the needs of the citizens. This is why the Nation of South Sudan and her government should rethink from the current economic paradigm to other form of economy that will be able to meet the needs for this ever increasing population in South Sudan.


By Daniel Deng Mario, Juba, South Sudan

Kiir, Ajongo, Kuol, Wani, Awet, Malual Ayom

Kiir, Ajongo, Kuol, Wani, Awet, Malual Ayom

May 31, 2017 (SSB)— In response to Media Liaison Officer-Nile Pet who responded to my article I wrote against the Managing Director of the Nile Pet, I would like to state categorically onset of this response that whatever I wrote in that article still remains correct as it is and it is not considered rebutted whatsoever.

In opening of this response and in respect to the Media Liaison Officer whatsoever his or her gender is, has made unfounded and baseless response to my article just to defend supra interest embedded in the management of Nile Pet.  Since I am not sure of the gender of the said officer, I will in this response use the pronoun “he” in order to make it easier for my readers to follow my response to him in this article.

I must also add that as I will be discussing the points raised by the Media Liaison Officer in defense to my article I will be responding to each point in rebuttal so that time is saved for my readers.

By Longar Mathiec Wol, Nairobi, Kenya



April 28, 2017 (SSB) — The forces of demand and supply has been some of the tools used to analyze the market in the world when it comes to foreign exchange and many others but that is not seems to be the case in the youngest nation in the world; the Republic of South Sudan. The forces of demand and supply dictate the market through increase and decrease. In this case, when the demand for hard currency increase the price for the hard currency increases and when the supply for the hard currency increases the price for the hard currency decreases drastically and vice versa.

But in south Sudan every season the high demand is toping, meaning there has been shortage since 2014, there has never been any increase of supply since the conflict broke out. That sound weird and doesn’t make sense. There must have been hug supply of hard currencies to the market but the problem is that the supply is being control by individuals who wholesale the hard currencies especially dollars and take them to the black market in order to individually benefit and control the market.


By Hon. Oyet Nathaniel Pierino, SPLM-IO Governor Imatong State  


April 26, 2017 (SSB) — To shoot down the economic crunch, which artillery to use? The situations in Juba is that of a swirling hurricane. Manga ten, Gurei, market are looted, Inflation has already hit over 1000%. The highest salary is that of the president valued at 150 USD per month. Over 80% of government employees earn less than 4 USD a month. An average poor person in the world lives on 1 USD a day, he should be able to earn 30 USD a month to be rated poor (World Bank scale).

80% of South Sudanese earns 4 USD a month (48 USD per annum) are not just poor but lives between absolute slavery and death. The 4 USD per month is not also paid on time as civil servants go for 3-4 months without pay. Since 2013 the government of South Sudan has borrowed heavily to prosecute the war of genocide and ethnic cleansing. The debt levels stand at 38.7% of GDP. Classified reports indicate that the government has already sold a large quantity of oil in advance sales and payments to multinational companies involved in oil business.


“When you change the way, you look at things, the things you look at change.” (Max Planck)

By Ocholamero Otir Bure OROTO, Queensland, Australia

Ocholamero Otir Bure OROTO, Queensland, Australia

Ocholamero Otir Bure OROTO, Queensland, Australia

Dear South Sudanese,

April 26, 2017 (SSB) — It is vital to try seeing things from various angles!  Peace lovers and concerned South Sudanese within and outside South Sudan plus their friends have been suggesting political dialogues as the surest means to resolves South Sudan’s issues long time ago, but, the call felled in deaf ears of those steering the country.

There are several reasons for concerned people to say no to war. How could people prefer war to peace when the atrocities are on our face! Let the leaders and the ordinary people see the consequences for supporting war in one way or another. For examples; a place like Western Equatoria State that used to be one of the finest bread basket is no longer producing due to war, it is rendered unproductive in terms of its known agricultural activities, similar thing can be said of other states or regions in South Sudan. The result of the leadership-made war is now self-evidenced. Famine is now real, none of the leaders can rhetorically sweep this reality under the carpet anymore.


Jon Pende Ngong: “The most costly bride in Bor in 2007: 200,000 ssp ($100,000) = 200 cows. In April 2017: 200,000 ssp ($1,000) = 2 cows”

By Ajang Alaak Atem Bor, South Sudan



April 23, 2017 (SSB) — This contrast must not be undersold, for it is plausible to think that having a heart to cooperate as citizens of South Sudan makes our nation better off. Appropriately, we, ourselves as the citizens together with our leaders should take upper lead in finding the middle ground for the future of our beloved young nation, South Sudan.

For we have the capacity to do what we want to resuscitate the life of our vanishing-nation. It’s out role as the countrymen and the countrywomen of South Sudan; we are the key stakeholders to stop the inflaming variance situations in south Sudan. It all requires thorough understanding of great damage and carefully engage ourselves in bringing forth the lasting peace for the common advantage of all citizens.


By Baak Chan Yak Deng, Gogrial, South Sudan

Kiir and Garang, liberation day

Dr. John Garang and Commander Salva Kiir Mayaardit, during the liberation era

April 14, 2017 (SSB) — The South Sudan currency crisis arose from a collapse of confidence in the ability of a number of countries to maintain their fixed exchange rates while continuing to allow the free movement of foreign finance capital at a time of increasing current account deficits.

The South Sudanese currency was initially not affected by the pressure on other regional currencies. When it begins to fall, however, the underlying weakness of the South Sudan financial sector was revealed and private foreign debt was far higher than previously thought. The crisis worsened in South Sudan because of the lack of an effective government policy response.

The International Monetary Fund (IMF) financial stabilization package agreed to by the South Sudanese Government contained conditions requiring South Sudan to reform its financial sector, reduce fiscal expenditure and radically change the nature of government involvement in the economy.


A Powerful Solution to Our Current Economic Crisis

By Baak Chan Yak Deng, Juba, South Sudan


April 5, 2017 (SSB) —- You know the feeling when the whole world has let you down.  Isn’t that what we are experiencing right now?  To get you in the right frame you know the feeling when the whole world has let you down.  Isn’t that what we are experiencing right now?  To get you in the right frame of mind, let me ask you this: What would you do if you were at the beginning stage of an enormous snowstorm that showed no signs up letting up?

Surely, to get ahead of it, you’d grab a shovel and start shoveling or jump in your car to buy the last snow blower on the floor.  Well, in our current economic mess, the solution is right in front of us, too.  Hire the best and brightest entrepreneurs (yes – that’s us!), and put them to work!  Who else is going to try something new that will shake us out of these tiresome doldrums?  Here are ten things entrepreneurs can do that make them smart power resources.


By Baak Chan Yak Deng, Juba, South Sudan



March 28, 2017 (SSB) — Black markets typically exist because the regular markets are not going to provide a seller the highest possible revenue for an item he has for sale. Because black markets are illegal, the seller requires a substantially higher price than he would get on a legal market.

Reasons for regular markets to not support the higher price would be that the item being sold is illegal or the item being sold has some kind of price control on it that prevents the seller from getting the full amount a buyer is willing to pay.

Illegal items can include goods that have been banned, or goods that have been stolen and cannot be represented as legally obtained by the seller. Examples of banned items are certain arms and ammunition, drugs, books, videos and other compilations of information or ideas that have been prohibited in that jurisdiction.


Why Have a Whole Ministry of EAC Affairs?

Posted: March 20, 2017 by PaanLuel Wël in Business, Economy, Mayen Ayarbior

By Mayen D.M.A Ayarbior, Juba, South Sudan

kuol manyang at the EAC summit

(R-L) Presidents Yoweri Museveni, Uhuru Kenyatta, Paul Kagame and South Sudan Defence Minister Kuol Manyang Juuk at the 10th Summit of Heads of State of the Northern Corridor.

March 20, 2017 (SSB) — After last week’s Council of Ministers meeting we learned that South Sudan will establish a Ministry of East African Affairs. It is not too late to look at the pros and cons of such a decision. Considering that the peace agreement stipulated a specific number of Ministries and Commission as-well-as the costs involved in establishing a whole new ministry at this time of economic meltdown, people must be thinking about the usefulness of the new Ministry.

On one side, some analyses against the move would suggest that establishing specialized departments (Department of East African Affairs) at relevant Ministries such as those of Foreign Affairs, Interior, Trade and Commerce should be sufficient for handling various EAC related tasks. Alternatively, something like a Commission might also be sufficient.


By Daniel Juol Nhomngek, Kampala Uganda


March 12, 2017 (SSB) — Corruption has become meaningless since it has become a common topic in South Sudan. Because of that it no longer appeals to many people as it has become monotonous.  However what is clear is that corruption is increasing day and night in South Sudan as it is indicated by various reports. And each time the report on corruption is released corruption is shown to be eating the society to the core as it permeates every part of the system.

Thus, in this article, I intend to comment on the impact of corruption in general and with specific regard to the recent report on corruption scandals in the South Sudan Crisis Management Committee (CMC) of 2013. The CMC was formed in the aftermath of the outbreak of civil war in 2013. It was made up of several Government ministers and some technocrats.  The purpose of the CMC was to manage crises that were caused by the civil war in order to help citizens that were affected by the war.