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It was introduced on 18 July 2011, and replaced the Sudanese pound at par. [5] On 1 September 2011, the Sudanese pound ceased to be legal tender in South Sudan. On October 8, 2020, due to rapid depreciation of the South Sudanese pound's exchange rate with the United States dollar, South Sudan announced that it would soon change its currency. [6 ...
Prior to 9 July 2011, when South Sudan attained independence, banking operations in the country were controlled and governed by the Bank of Sudan based in Khartoum. The Sudanese central bank operated branches in South Sudan in the cities of Juba, Wau, and Malakal. The legal tender was the Sudanese Pound.
Location of South Sudan. South Sudan, officially the Republic of South Sudan, and previously known as Southern Sudan, is a landlocked country in Middle Africa, [1] in the area of northeast Central Africa that is part of the United Nations subregion of Eastern Africa. [2]
The Sudanese pound was legal tender in South Sudan until 31 August 2011. For a wider history surrounding currency in the region, see British currency in the Middle East . The Sudanese pound was devalued on 23 February 2021, with the official (indicative) exchange rate set to LS 375.08 per US dollar (from the fixed rate of LS 55), closing the ...
In September 2022 South Sudan and Djibouti signed an agreement to lay fibre optic cable from Djibouti to South Sudan’s capital, Juba, via Ethiopia. [27] In March 2015, South Sudan's minister for telecommunications and postal services revealed plans for the government to lay 1,600 kilometers of fiber-optic cable across the country within two ...
Nile Petroleum Corporation was incorporated in 2009 under the authority of the Comprehensive Peace Agreement that ended the Second Sudanese Civil War (1985—2003). [2] After the 2011 South Sudanese independence referendum led to the creation of South Sudan in 2011, and transferred to the government of South Sudan.
To promote growth and development of the media, facilitate media coverage in the whole of South Sudan and to ensure that government policies, development programmes and activities are widely known, understood, to improve the livelihood of South Sudanese by ensuring the availability of accessible, efficient, reliable, and affordable ICT services, and put to action for the common good of the ...
The situation of trade unions rights in South Sudan is currently classified as one of the worst in the world, with a complete breakdown in the rule of law. [2] In 2019, the, President of the South Sudan Workers Trade Union Federation (SSWTUF), Simone Deng, was murdered while on a trade union mission.