Weekly Media Economic Digest 28th July - 12th August 2016

published 13 Aug 2016
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S. Sudan inflation rises 600 percent in past year due to soaring food prices; Maban official complains of soaring food prices at market; Joint committee to assess market before price-fixing order in Kuajok town; Civil society organization expresses concern over food shortage in Yei town; Sudan war pushes down tomato prices as farmers incur losses; Citizens inside Malakal PoC report increasing prices of goods; Bentiu traders hike prices; Why Melut market is likely to close down; Trade between Kampala and Juba nearly halted after insecurity; Kenyan banks in South Sudan most profitable despite turmoil, says CBK; EABL profits up 7pc as govt cuts tax; South Sudan crisis: Arua forex outlets hit hard; More Chinese companies eye investment in South Sudan; South Sudan government halts spending on goods and services; South Sudan Orders Government Bodies to Bank with Central Lender; South Sudan’s finance ministry cancels all unpaid cheques; South Sudan seeks nearly $2 billion loan from China; Food production declining over insecurity in Yei; South Sudan New Finance Minister promised to deregister “Ghost Employees” And “Reform” Economy; Doctors in Wau lay down tools over unpaid bonuses; AfDB water project to benefit 230, 000 in Juba; Eastern Lakes state authorities prioritize road works; South Sudan expects improved food production.