South Sudan Sacks Head Of Central Bank

South Sudan’s President Salva Kiir has dismissed the governor of the Central Bank, Gamal Abdalla Wani, less than 10 months after he took office.

The news of his dismissal was announced by decree on the national broadcaster on Monday evening. No reasons were given for his sacking.

Mr Wani was brought in when his predecessor, Dier Tong Ngor, was sacked. Now Mr Mgor has been reinstated as Central Bank Governor.

In July, Mr Wani said the Bank of South Sudan under his leadership had a plan of “resorting to refining crude gold” in order to rescue the ailing economy – which has been hit hard by the fall in oil prices and the coronavirus pandemic.

Written by PH

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