Close Menu
    Latest News

    South Sudan’s Oil Mafia Exposed: How $700 Million Was Stolen from the People

    November 12, 2025

    BREAKING NEWS: President Salva Kiir Announces Major Leadership Shake-Up

    November 12, 2025

    BREAKING NEWS: President Salva Kiir Sacks Vice President Bol Mel, Strips Him of Military Rank

    November 12, 2025
    Facebook X (Twitter) YouTube TikTok
    Trending
    • South Sudan’s Oil Mafia Exposed: How $700 Million Was Stolen from the People
    • BREAKING NEWS: President Salva Kiir Announces Major Leadership Shake-Up
    • BREAKING NEWS: President Salva Kiir Sacks Vice President Bol Mel, Strips Him of Military Rank
    • Inside South Sudan’s Silent Mental Health Storm
    • BREAKING NEWS: Vice President Benjamin Bol Mel Placed Under House Arrest
    • Youth Teachers Ignite Hope in Rural Wau Schools
    • Derik Festival Celebrates South Sudanese Women
    • Young South Sudan Voices Energise Pan-African Forum
    • Help & Support
    • Fact-Checking
    Facebook X (Twitter) YouTube TikTok
    The South Sudan HeraldThe South Sudan Herald
    Publish Your Article
    Wednesday, November 12
    • Home
    • Politics
    • Peace and Security
    • World
    • Africa
    • Business
    • Health
    • Education
    • Opinions
    The South Sudan HeraldThe South Sudan Herald
    Home»Politics

    South Sudan’s New Finance Chief Faces High-Stakes Test

    By The South Sudan HeraldAugust 23, 2025 Politics 2 Mins Read
    Facebook WhatsApp Twitter LinkedIn Email Telegram Copy Link
    Share
    Facebook Twitter LinkedIn Email Telegram WhatsApp Copy Link

    Cabinet Shake-Up Signals Urgency

    President Salva Kiir’s late-night decree on Thursday replaced veteran technocrats at Finance and Investment, bringing back Athian Diing Athian after a three-year hiatus and elevating Joseph Mum Majak to the investment portfolio (Eye Radio).

    The reshuffle extends to senior civil service, with Garang Majak Bol replacing Arop Nuoi Arop as first undersecretary, a move insiders interpret as Kiir’s intent to tighten bureaucratic levers.

    Transparency Mandate from the Top

    Swearing them in, the president spoke without notes: ‘The economy is in your hands; discipline our finances and manage resources transparently.’ The directive drew applause, yet also underscored the scale of expectations facing the returning minister.

    Kiir demanded punctual salary payments, streamlined funding for priority sectors and a ruthless end to wastage, framing fiscal discipline as the bridge to renewed domestic and international confidence.

    Economic Headwinds and Public Expectations

    South Sudan’s pound has lost roughly 40 percent of its value since June, while fuel and staple prices fluctuate daily in Juba’s markets, eroding household purchasing power.

    Revenue volatility stems from oil price swings and flood-disrupted production, leaving government cash flow thin and arrears on public salaries stretching beyond three months, according to finance ministry data.

    Regional Parallels and External Confidence

    Across Central Africa, leaders are balancing austerity with growth; Congo-Brazzaville’s recent emphasis on oil-backed fiscal discipline has drawn cautious praise from lenders, offering a blueprint Kiir’s team could adapt without sacrificing social spending.

    International Monetary Fund staff stress that credible budgets and timely audits unlock concessional financing faster than commodity windfalls alone, a message echoed by Nairobi-based economist Dr. Amadou Diallo in phone remarks.

    Experts Weigh Paths to Stability

    Former Central Bank deputy governor John Mabor believes that publishing quarterly revenue reports and digitising customs could lift non-oil income by up to 25 percent within a year if accompanied by strict anti-graft enforcement.

    Civil society groups welcome the appointments but caution that success hinges on political backing for reform: ‘The mandate is clear; now the minister needs space to act,’ said Akuol Deng of the Sudd Institute.

    Bank of South Sudan Digital economy Transparency
    Share. Facebook WhatsApp Twitter LinkedIn Email Copy Link
    Previous ArticleSudan Deluge: Thousands Displaced by Rising Waters
    Next Article South Sudan Football Election Shocker Explained

    Keep Reading

    South Sudan’s Oil Mafia Exposed: How $700 Million Was Stolen from the People

    BREAKING NEWS: President Salva Kiir Announces Major Leadership Shake-Up

    BREAKING NEWS: President Salva Kiir Sacks Vice President Bol Mel, Strips Him of Military Rank

    Inside South Sudan’s Silent Mental Health Storm

    BREAKING NEWS: Vice President Benjamin Bol Mel Placed Under House Arrest

    Young South Sudan Voices Energise Pan-African Forum

    Most Read

    Inside Yambio Hospital’s Quiet Fight for Survival

    October 29, 2025

    Hostages Freed in Dramatic Lakes State Rescue

    September 19, 2025

    Malakal Miracle: IOM Seeks Bigger Aid Push

    November 5, 2025

    Shake-Up in South Sudan: New SPLM-IO Chief Whip

    September 19, 2025
    Latest Posts

    South Sudan’s Oil Mafia Exposed: How $700 Million Was Stolen from the People

    November 12, 2025

    BREAKING NEWS: President Salva Kiir Announces Major Leadership Shake-Up

    November 12, 2025

    BREAKING NEWS: President Salva Kiir Sacks Vice President Bol Mel, Strips Him of Military Rank

    November 12, 2025
    Facebook X (Twitter) TikTok YouTube RSS

    News

    • Politics
    • Peace & Security
    • World
    • Africa
    • Business
    • Education
    • Opinions

    Company

    • South Sudan Herald Network
    • Contact
    • Editorial Guidelines
    • Diversity and Inclusion
    • AI Use Statement

    Services

    • Share Your Article
    • Help & Support
    • FAQ
    • Fact-Checking
    • Advertising
    • Share Your Press Release
    LATEST STORIES
    South Sudan’s Oil Mafia Exposed: How $700 Million Was Stolen from the People
    November 12, 2025
    BREAKING NEWS: President Salva Kiir Announces Major Leadership Shake-Up
    November 12, 2025
    BREAKING NEWS: President Salva Kiir Sacks Vice President Bol Mel, Strips Him of Military Rank
    November 12, 2025
    Inside South Sudan’s Silent Mental Health Storm
    November 12, 2025
    © 2024 South Sudan Herald News Network. All Rights Reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.