Nineteen '19' year old woman committed suicide in Lakes State, Rumbek East County

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  The local police of Lakes State confirmed that a 19 year old woman committed suicide in the County of Rumbek East in the village of Meen-Wal and the police withheld the deceased name for unknown reason.  This is not the first time for the young girls to commit suicide in the State, the first case was reported to the authorities  two days ago after a young girl committed suicide in Wulu County.  While speaking to the Media, Police Spokesperson Maj. Elijah Mabor Makwach said that, the police are conducting thorough investigation on why there is a rampant rise of suicide amongst girls in Lakes State.  “We have recorded several cases of suicide with the most recent being a 19-year-old girl who committed a suicide in Meen-wal village in Rumbek East County and the investigation is still ongoing to identify the cause of the suicide because the cases are rising. Last week alone, two suicide cases were reported,” Maj. Mabor said.  Lakes State Police Spokesperson further said that, they have b
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Central Bank of South Sudan 'BoSS' threatens to close all underperforming commercial banks.

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File: Central Bank Governor, Mr. Johnny Ohisa Damian. 


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All the poorly underperforming commercial banks will be shut down by the  Central Bank of South Sudan 'BoSS'. 


Central Bank Governor Mr. Johnny Ohisa Damian appeared before the Transitional National Legislative Assembly 'TNLA' on Monday, The central Governor said that, all the commercial banks are not well funded. 



“The licensing is done by the Central Bank and there are of course regulations to govern the licensing of commercial banks,” Ohisa said. 


Mr. Ohisa further said that, most of the local commerical Banks are very weak and undercapitalized. 


“However, most of our banks or let me say most of our local banks are really weak in a sense that they are undercapitalized, they are not performing.” Ohisa said. 


Mr. Ohisa gave his recommendations suggesting that, the government should establish three National Commercial Banks with outlets all over the country instead of the many under-performing commercial banks. 


“Now we are working on financial sector reforms and by that we mean it will lead us to take tough decisions to the extent that we will have to close some of the banks that are not working,” he said. “If I can have 3 local banks that are big and can have branches all over the country, it is better than having 14, 15, or 20 banks that are not capitalized.” Ohisa suggests. 


Finally Mr. Ohisa said that, after independence many people open banks without proper documentation and proper structures. 


“When we encouraged local people to open banks after independence, everybody with money went and opened bank disregarding the fact that commercial banks require a lot of preparations and a lot of governance issues to be instituted,” Ohisa said. 


“We now have commercial banks, especially local banks, which do not even have a board of governors. The chairman and the owner are everything and he can take loans at any time he wants and that is why a lot of commercial banks are suffering.” Ohisa said. 


There are only 12 licensed and operating  Commercial Banks operating in South Sudan currently. 


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