Traders feel the pinch of the pinch of economic hardship

Sep 25, 2015, 05:43 AM

Business owners in South Sudan continue to feel the pinch of the economic challenges the country is facing.

With black-market dollar rates as high as 1600 SSP to the US dollar, and a lack of currency in commercial banks, many of the traders have been forced to hike their prices or close down their businesses altogether.

Bruham Tibo is the chairperson of the Uganda Business association in South Sudan.

Tibo says it is becoming extremely difficult to do business in South Sudan.