SPLA-IO Accused of Detaining Civilian Boats, Demanding $4,000 Along Sobat River ‎

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‎ Boat ferrying civilians  Nasir, Upper Nile State  ‎Authorities in Nasir County, Upper Nile State, have accused forces loyal to the Sudan People’s Liberation Army In Opposition (SPLA-IO) of detaining civilian riverboats and demanding ransom-like payments of up to $4,000 from traders and passengers along the Sobat River. ‎ ‎According to Nasir County Commissioner James Gatwech Joak, several boats traveling from Matar in Nasir County to Malakal were intercepted by SPLA-IO soldiers in Yakuach, an area in Nyirol County, Jonglei State. ‎ ‎“Our traders paid local taxes to SPLA-IO in Mandeng before setting off. But on reaching Yakuach, they were detained again and told to pay an additional four thousand U.S. dollars,” Commissioner Gatwech said. ‎ ‎He explained that the detained boat operators and traders were reportedly held for four days while armed men demanded more payments.  ‎ Some of the passengers were women, children, and patients traveling for medical treatment in Malaka...
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Central Bank (BoSS) Launches South Sudan’s First Real-Time Interbank Payment System ‎

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Bank of South Sudan Headquarters, Juba. 


‎JUBA, October 10, 2025 

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The Bank of South Sudan has officially launched the country’s first-ever Interbank Payment and Settlement System (IPSS), a groundbreaking platform that enables banks to process and settle payments instantly 24 hours a day, seven days a week.

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‎The new system, commissioned on Thursday in Juba, marks a major milestone in the country’s financial modernization efforts. 

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It allows real-time transfer of funds and securities between banks, enhancing efficiency, transparency, and security across the banking sector.

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‎Speaking during the launch, Central Bank officials said the innovation will significantly reduce transaction delays and operational risks caused by manual clearing processes. 

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The system is also expected to strengthen the bank’s ability to manage liquidity and implement effective monetary policies.

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‎“This system will enable real-time payments and settlements at any time of the day or night, every day of the week,” a senior Central Bank official stated. “It will transform how banks interact, and how customers experience financial services in South Sudan.”

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‎According to the Bank, the platform will promote financial inclusion by extending faster and safer banking services to more people including those in remote areas. 

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It also opens opportunities for new digital financial innovations, such as mobile banking and online payment systems, which rely on real-time settlement capabilities.

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‎The system will further facilitate interoperability between banks, ensuring customers can seamlessly transfer funds across different institutions. 

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Analysts believe the move will attract investors, improve business transactions, and boost confidence in South Sudan’s growing financial sector.

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‎However, experts have also cautioned that maintaining a secure, round-the-clock digital platform will require strong cybersecurity measures, continuous monitoring, and adequate staff training to ensure smooth operation.

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‎The launch of the Interbank Payment and Settlement System positions South Sudan alongside other African nations modernizing their financial infrastructure to meet global standards.

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