Nasir Trial Adjourned as MP Gatwech Lam Puoch Begins Defense ‎

-
Image
‎The Special Court handling the Nasir incident has adjourned proceedings until Monday, June 15, after the third accused, MP Gatwech Lam Puoch, began presenting his defense. ‎ ‎Gatwech, a member of the National Legislative Assembly representing Nasir County, rejected allegations linking him to activities related to the Nasir incident.  ‎ He told the court that his actions were part of his constitutional duties as an elected representative and were aimed at reducing tensions in Nasir and Ulang counties. ‎ ‎The lawmaker said a press conference cited by prosecutors was intended to encourage dialogue, address rumors, and help prevent conflict rather than incite violence.  ‎ He maintained that he was fulfilling his responsibility to represent and speak on behalf of his constituents. ‎ ‎Gatwech also argued that the Nasir crisis should be viewed within the wider context of challenges facing the implementation of the 2018 peace agreement, citing concerns raised by various political act...
Post a Comment

Central Bank (BoSS) Launches South Sudan’s First Real-Time Interbank Payment System ‎

-

 

Bank of South Sudan Headquarters, Juba. 


‎JUBA, October 10, 2025 

‎

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.

‎

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

‎

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

‎

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

‎

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

‎

‎“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.”

‎

‎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. 

‎

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

‎

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

‎

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

‎

‎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.

‎

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

Comments

Post a Comment

Popular posts from this blog

South Sudanese Lawyer Urges Authorities to Crack Down on Nightclubs Admitting Minors/Underage Girls in Juba

-
Image
‎A South Sudanese lawyer has called on the South Sudan National Police Service and the Juba City Council to summon owners and managers of hotels and nightclubs in Juba over reports that underage children are being allowed into entertainment venues. ‎ ‎The lawyer said the increasing presence of minors in bars, hotels, and nightclubs is worrying and requires immediate intervention from the authorities.  ‎ ‎The lawyer argued that such places are not suitable for children and could expose them to harmful influences. ‎ ‎The lawyer further urged law enforcement agencies and city officials to investigate the matter and ensure that businesses operating entertainment venues comply with the law.  ‎ According to the lawyer, owners who fail to prevent underage entry should be held accountable. ‎ ‎The appeal follows growing concerns from members of the public about children being seen in some nightlife spots across the capital.  ‎ The lawyer stressed that protecting young people shoul...
Read more

President Kiir Arrives in Aweil as Bahr el Ghazal Regional Tour Continues

-
Image
‎ ‎President Salva Kiir Mayardit arrived in Aweil on Tuesday, continuing his tour of the Bahr el Ghazal region aimed at engaging communities on key national issues. ‎Also read about:  Yigi Yigi Regains Freedom After Detention in Libya ‎ The President travelled to Northern Bahr el Ghazal State after completing visits to Warrap State, where he met residents in Kuajok and his hometown of Akon. ‎ ‎According to the Office of the President, the regional outreach tour focuses on discussions surrounding economic recovery, security, and development initiatives across the region. ‎ ‎President Kiir began the tour last week in Wau, the capital of Western Bahr el Ghazal State, before moving on to Warrap State and now Northern Bahr el Ghazal. ‎ ‎Upon arrival in Aweil, the President received a warm welcome from large crowds gathered at Madhol, located along the border between Warrap and Northern Bahr el Ghazal states.  ‎ Residents reportedly lined the roads from Wanyjok through Akuem, Ajaj, ...
Read more

President Salva Kiir Mayardit Renames University of Northern Bahr el Ghazal ‎

-
Image
‎President Salva Kiir Mayardit has announced the renaming of the University of Northern Bahr el Ghazal to the University of Aweil and directed the national parliament to formalize its status as a public university. ‎ ‎The announcement was made during the president’s visit to Aweil, where he pledged government support for higher education and institutional development in the region. ‎ ‎President Kiir instructed lawmakers to undertake the necessary legal procedures to ensure the newly renamed University of Aweil is fully recognized as a public university under South Sudan’s higher education framework. ‎ ‎The move is expected to strengthen access to higher education in Northern Bahr el Ghazal and enhance the university’s role in training skilled professionals to support national development. ‎ ‎Further details on the parliamentary process and implementation timeline are yet to be announced.
Read more