Weekly Media Economic Digest 17-23 June 2016

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Weekly Media Economic Digest 17-23 June 2016

July 8, 2016

South Sudan Pound Weakens Further Against US Dollar; South Sudan’s foreign currency reserves can only last for a month, says Central Bank official; Inflation drives up interest rates, cost of business in S. Sudan; Local citizens suffer as market prices skyrocket; Ivory Bank loses SSP30 million in Raja town attack; Fuel shortage obstructs business in Yambio; S. Sudan doesn’t need financial rescue from EAC; TZ, Kenya and South Sudan road corridor to be rehabilitated; Why China Is So Invested In South Sudan’s Future; Government must shoulder responsibility over economic peril- activists; South Sudan to emulate Japan in diversifying economy: trade minister; Africa Development Bank in measures to diversify S. Sudan economy; Gov’t, partners approve $1.8b for road networks; Judges and Justices down their tools; Big haul of smuggled ivory seized in South Sudan

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