Audio By Carbonatix
South Sudan’s President Salva Kiir has dismissed the central bank governor and appointed a replacement.
The dismissal of Dier Tong Ngor was announced in a presidential decree read on the national broadcaster on Monday night.
No reasons were given for his sacking.
He was replaced by Moses Makur Deng who has been a director-general in charge of banks’ supervision and research at the bank.
South Sudan’s economy is driven by oil, which accounts for nearly 90% of the country’s national budget.
The economy is in a bad shape due to the conflict and the drop in global oil price as a result of Covid-19 pandemic.
Some South Sudanese online have welcomed the appointment of Mr Deng and urged him to improve the economy.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
How to follow European football
5 minutes -
A new dawn: Formula One charges into an unpredictable 2026
13 minutes -
Trump says US Navy will protect ships in Middle East ‘if necessary’
28 minutes -
Ghana shines in GSMA DNSI and DPRI 2025 report due to E-Levy repeal and tech neutrality
1 hour -
NJA College of Education inducts 379 students amidst infrastructure gains and calls for professional discipline
2 hours -
GJA President, executives join Sammy Gyamfi to observe One-Week memorial of father-in-law
2 hours -
FDA bans mixed alcoholic energy drinks: VAST-Ghana demands ‘Name and Shame’ list for public safety
2 hours -
Police probe deaths of teacher and farmer in Assin Fosu
2 hours -
Gov’t reaffirms commitment to safeguard Ghana’s energy supply amid Middle East crisis
2 hours -
What is wrong with us? When containers become our urban plan
2 hours -
Enterprise Group attains ISO 27001 Certification, reinforces commitment to data security
3 hours -
Afenyo-Markin referred to Privileges Committee over security recruitment allegations
3 hours -
President Mahama backs private sector push to expand Ghana Wheat Initiative to cut imports
3 hours -
Ghana to declare 21 communities Marine Protected Areas, starting with Cape 3 Points
3 hours -
Women of Valour: I had to save myself from abusive marriage – Diana Hopeson
3 hours