By: Kanto Kai
Okanta
The National Communication
Authority (NCA) of South Sudan and the Bank of South Sudan have signed a
Memorandum of Understanding (MoU) to strengthen institutional collaboration and
leverage technology in transforming the country's financial landscape.
The agreement was signed by
NCA Director General, Eng. Gieth Kon Mathiang, and the Governor of the Bank of
South Sudan, Hon. Dr. Addis Ababa Othow.
The partnership seeks to
bridge telecommunications regulation with central banking oversight to
modernise how financial technology serves the country.
Under the joint framework,
both institutions will align their mandates to strengthen cybersecurity
networks, protect consumers from online threats, foster healthy competition for
local fintech innovators and establish seamless channels for real-time data
sharing and cross-sector enforcement.
Highlighting the vision
behind the initiative, Mathiang emphasised that resilient technology is the
bedrock of modern banking and essential for earning complete public trust in
digital solutions.
Governor Othow echoed this
sentiment, noting that close collaboration across regulatory lines is vital to
protecting national financial security and delivering reliable services to
every corner of the country.
The two institutions said
the partnership would help establish a stable digital ecosystem where South
Sudanese can send, spend and save with confidence, making everyday financial
transactions safer and more reliable.
