Economic Expert: Distrust and poor services keep South Sudanese from Banks

Economic Expert: Distrust and poor services keep South Sudanese from Banks

Juba, Central Equatoria (Eye Radio) – A South Sudanese economist says widespread distrust in financial institutions, coupled with inadequate banking services, is driving many citizens to keep their money outside the formal banking system. Abraham Maliet, former economic advisor to ex-Vice President Dr. James Wani Igga, has raised concerns over a recent directive issued by the Financial Intelligence Unit. The directive, released last week, mandat…

Afrobarometer Study: Africans are losing faith in political institutions - Africa Uncensored

A recent Afrobarometer study has shown declining trust in public institutions over the past decade among African citizens. Study findings call into question the credibility and legitimacy of state institutions like the presidency, parliament and security forces, including the police. The study also shows that many Africans still believe in traditional and religious figures, raising concerns about the effectiveness of governments. It also highlig…