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China donates machinery to aid South Sudan's agricultural development | US ends financial assistance to South Sudan, warns of consequences | Gbudue government and SPLA-IO celebrates Peace in Yambio | Deadly Ebola outbreak in Congo puts South Sudan on high alert: U.N | How the United States Kept Arms Flowing into South Sudan |

Politics overlaps with banking in South Sudan

South Sudan’s political elite has been accused of hijacking the banking system for personal gain and locking out local businesses and citizens. Out of the 26 banks operating in South Sudan, 14 are partially owned or controlled by politically exposed persons (PEPs) who exert undue political influence in the banking sector, says a new report by US corruption watchdog, The Sentry. The report, “Banking on War: Ending the Abuse of South Sudan’s Banking Sector by Political Elites,” which was…

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