US EditionEconomist Says Mobile Money Legalisation Is Premature, Counterproductive
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Economist says mobile money legalisation is premature, counterproductive
An economist has criticized the Bank of South Sudan’s recent move to legalize mobile money services, calling it premature and counterproductive amid the country’s fragile economic environment. Abraham Maliet says mobile platforms such as MOMO and other digital payment services have long been operational, facilitating both local and cross-border transactions—including remittances to neighboring Uganda and Kenya. His remarks follow the Central Ban…
The Central Bank of South Sudan (BoSS) has taken a major step in digitizing the national economy by announcing, on 18 July 2025, the official recognition of Mobile Money as a legal means of payment for the purchase of goods and services throughout the country. This decision is part of the strategic plan 2023-2027...
Central Bank’s move to legalise mobile money platform sparks mixed reactions - Radio Tamazuj
The move by the Bank of South Sudan (BoSS) to legalise the mobile money platform operated by telecom companies as a legal tender and a valid and legal form of payment for goods and services has been received with mixed reactions from economic analysts, citizens, business owners, and civil society activists. On Friday evening, the Bank of South Sudan issued a statement informing the public that mobile money has been recognised as a valid form of …
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