South Sudan President Salva Kiir has made another dramatic move in the country's economic leadership, firing Central Bank Governor Yeni Samuel Costa after just 74 days in office. The Friday evening decree reinstates Johnny Ohisa Damian – marking his third appointment to the role since 2022. 📉
Costa's ultra-short tenure (November 2025-January 2026) comes as the world's youngest nation battles 40% inflation and a currency that's lost 60% of its value against the dollar this year. While no official reason was given for the sudden change, analysts speculate about growing pressure to stabilize the economy. 💰
Ohisa returns with experience: The finance veteran previously served two terms as central bank chief and helped negotiate South Sudan's 2024 debt relief package with the IMF. His reappointment signals a potential return to "crisis management mode" according to Juba-based economists. 📊
Young professionals across Africa are watching closely – South Sudan's economic stability could impact regional trade partnerships and investment flows in 2026. 🌍
Reference(s):
cgtn.com







