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South Sudan is endowed with abundant natural resources and one of the youngest populations in Africa. Despite these advantages, the country struggles with high unemployment, a liquidity crisis, and persistent inflation driven by capital flight. Understanding this phenomenon is crucial for fostering sustainable economic growth.
What Exactly Is Capital Flight?
The Minister of Foreign Affairs and International Cooperation, Dr. James Pitia Morgan, says completing the Juba-Torit-Nadapal highway would shorten the long and costly route currently used to transport goods from Mombasa to Juba.
Dr. Morgan made the remarks during a meeting with his Kenyan counterpart, Musalia Mudavadi, in Nairobi on Friday.
The two officials di...
United States immigration authorities have arrested a South Sudanese refugee, Ruben Marier, over child sexual assault and domestic abuse allegations.
The U.S. Immigration and Customs Enforcement (ICE) announced the arrest of Marier in a social media post accompanying his photo.
In a statement posted on X, ICE said Marier, whom it described as a child sex predato...
Authorities in the United States city of Sioux Falls, South Dakota, have launched a homicide investigation after a South Sudanese national allegedly stabbed his wife to death on Friday morning, July 31.
According to Tri-State News in the US, law enforcement identified the suspect as Yien Dak, a migrant from South Sudan. Dak was apprehended in neigh...
South Sudan could face international enforcement proceedings after a United States court recognized a $1.02 billion arbitration award in favour of Qatar National Bank (QNB), according to a legal expert.
International arbitration lawyer Santo Daniel Deng says the ruling allows QNB to seek enforcement of the award in jurisdictions where South Sudan or the Bank of South S...