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South Sudan, UNDP launch strategy to enhance trade diversification

The South Sudanese government, in partnership with the United Nations Development Program (UNDP), on Monday launched a trade diversification strategy in a bid to boost non-oil revenues. Simon Nyang Anei, technical advisor to the Ministry of Trade and Industry, said the Diagnostic Trade Integration Study (DTIS) Update Report will help… ....

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Chamber of commerce says use of Djibouti port will reduce market prices

The deputy chairperson of the South Sudan National Chamber of Commerce says that once South Sudan starts using the port in Djibouti, the prices of goods and services will significantly decline. ....

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Economist calls for price regulation in South Sudan


Economist calls for price regulation in South Sudan
A South Sudanese economist, Professor Abraham Matoc, who doubles as Vice Chancellor for Dr. John Garang University has called on the government to regulate commodity prices in the market.
The call comes amidst continuous increment of prices of basic commodities yet the local currency has made gains against the US Dollar in recent weeks.
Speaking to Radio Tamazuj last week, Professor Matoc said, “In advanced countries or countries that move with economic principles, once the exchange rate has declined, the market will also come down even further than that because it is always adjusted. But what happens with us here is that there is no adjustment. The prices remain up and the exchange rate can come down as it has happened.” ....

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