AGP Executive Report
Last update: 2 minutes agoRegional Payments: The EAC is developing a cross-border payment system to cut dollar dependence and lower transaction costs, but South Sudan is not yet fully connected. The bloc is also considering rules to reduce roaming charges; South Sudan has already implemented its regional roaming framework. Telecom Costs: South Sudan’s communications regulator and central bank are exploring ways to ease operators’ pressure from foreign-exchange volatility, rising costs and mobile-money liquidity issues. Oil Exports: PetroChina is exploring a 1,550-kilometre corridor through Ethiopia to Djibouti, which could give South Sudan an alternative route to export crude. Local Enterprise: A Rajaf farmer has grown a $700 start-up into a 3.5-acre farm employing 10 people, while a young pharmacist is building a business to bring medicines closer to Juba communities. Prices and Consumers: South Sudan’s annual inflation was reported at 58.21%, among the world’s highest. In Juba County, authorities seized expired food from a shop at Kuburi Haboba Market.
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