JUBA – The Bank of South Sudan opened a new branch at Nimule on Saturday to transform non-oil revenue collection.
Speaking during the launch, Bank of South Sudan Governor Dr. James Alic Garang said the new branch will effectively boost revenue collection.
“Opening the Nimule branch today will create jobs for locals while raising revenue for the government. I call upon all stakeholders to support this noble objective as the bank explores other options to open branches in other locations across your beloved country,” said Garang.
Garang said the border branch will raise optimism in realizing more revenue from taxes and fees.
“While the bank looks forward to your support, I encourage, challenge, urge and even plead to all of us to roll out our slip and to see into it that Nimule becomes operational,” he said.
Trade and Industry Minister William Anyuon Kuol said the branch will help the government streamline revenue collection.
‘You know this branch here, the Central Bank that we have here, we will manage to make sure we streamline the revenues. All the government money that is collected from Nimule here must be deposited into the bank. These commissions that are taken don’t reach us, if they collected 1 million SSP, they will only be 100,000 SSP,” said Anyuon.
South Sudan National Revenue Authority Commissioner General Africano Mande said it will reduce corruption at the border.
“They show us in the paper that this is the money we have collected but when it reaches there, some money will be missing, and we don’t know where the money is going and I want to know this,” said Mande.
Nimule remains South Sudan’s biggest dry port and most important import lifeline. The Bank of South Sudan has opened branches in all regions, including key towns like Rumbek, Aweil, and Yei, as well as other crucial border inlets.
hope it works out because we re actually tired of the money vanishing into thin air without the notice of the citizens… congratulations once again since it wouldn’t disappoint us this time