Vice President Hussein Abdelbagi Joins Kiir at Peace Rally in Kuajok ‎

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‎ South Sudan Vice President Hussein Abdelbagi Akol joined President Salva Kiir Mayardit at a peace rally in Kuajok on Saturday, where leaders urged residents to embrace peace and unity ahead of South Sudan's planned general elections in December 2026. ‎ ‎Speaking to a large crowd gathered in the state capital, Hussein praised the people of Warrap for the warm welcome they gave President Kiir despite heavy rains. He said the turnout reflected the population's commitment to peace, stability, and national unity. ‎ ‎The vice president encouraged communities across Warrap State to avoid communal violence and work together to maintain peaceful coexistence as the country prepares for the upcoming elections. ‎ ‎VP. Hussein also highlighted the need to expand access to higher education. He reiterated his support for the establishment of public universities in Kuajok and Aweil, saying many students face difficulties accessing university education due to the lack of institutions closer t...

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.

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