Finance
MTN Momo tackles cash shortages, promotes digital payments.

MTN Momo Addresses Cash Shortages at Agent Outlets
MTN Momo has addressed widespread concerns over cash shortages at agent outlets, assuring the public that it is actively working with stakeholders to reduce these challenges while promoting digital financial services.
Challenges Faced
During the press briefing, MTN Chief Executive Officer, Francis Matseketsa emphasized that the reported difficulties in cash withdrawals at agent locations stem from several factors, including the shortage of higher denomination banknotes, customer resistance to small denominations, and lack of deposits by both customers and agents.
Alternative Solutions
The CEO said MTN maintains its mobile money services offer as viable alternatives to cash transactions. The company clarified that agents were not provided cash by MTN Momo but are expected to generate cash from their business operations, convert it to electronic float, and serve customers.
Promoting Digital Payments
MTN Momo advocated for a national shift toward digital payments to reduce dependency on cash and ease financial transactions, encouraging customers to use MomoPay to pay for goods and services at various outlets that accept mobile money.
Customer Concerns
In the past days, several MTN Momo subscribers complained about the lack of physical cash from the service provider, as they are unable to withdraw money from their mobile money accounts. Despite having sufficient digital balances, customers said they were being turned away by agents who are unable to provide physical cash, fueling widespread anger and questions among customers.
Agent Challenges
An anonymous MTN MoMo agent spoke about the challenges they face daily, explaining that the root of the problem is a shortage of South Sudanese Pounds. The MoMo subscribers argued that the mobile money service has to fasten its efforts to address the challenges in a bid to restore customer trust and confidence.
Finance
Kiir promises civil servants better pay and conditions on Labour Day

President Salva Kiir Pledges to Improve Working Conditions for Civil Servants
President Salva Kiir of South Sudan has recently made a commitment to enhance the working conditions for civil servants in the country. In a statement released on International Labour Day, President Kiir acknowledged the challenges faced by public workers and expressed his determination to address these issues.
President Kiir’s Pledge
President Kiir praised the resilience and dedication of civil servants, recognizing their essential role in the progress of South Sudan. He emphasized the importance of their contributions and expressed gratitude for their hard work amidst economic hardships.
- Improving working conditions for civil servants
- Ensuring timely payment of salaries
- Implementing sustainable measures for salary reform
Government’s Commitment
President Kiir reassured civil servants of the government’s commitment to enacting reforms that will strengthen the public service sector. He highlighted the importance of sustainable measures that will benefit the workers and improve overall efficiency.
Gratitude to Supporters
In his statement, President Kiir expressed gratitude to the diplomatic community, UN agencies, international organizations, and NGOs for their contributions to peacebuilding, humanitarian assistance, and national development. He emphasized the importance of collaboration in achieving progress and stability in the country.
Call for National Unity
President Kiir encouraged citizens to use Labour Day as a time for reflection on the country’s journey and the shared responsibility to build a future marked by peace, economic growth, and social justice. He stressed the need for national unity guided by principles of dignity, accountability, and collective responsibility.
President Salva Kiir’s pledge to improve working conditions for civil servants reflects a commitment to enhancing the welfare of public workers in South Sudan. By implementing sustainable measures and fostering collaboration with international partners, the government aims to strengthen the public service sector and support the country’s progress towards peace and development.
Finance
China-made Christmas presents in question due to uncertainty over U.S. tariffs

YIWU, CHINA – NOVEMBER 26: Foreign clients select festive goods at China Yiwu International Trade City on November 26, 2024 in Yiwu, Zhejiang Province of China. Hu Xiao/VCG via Getty Images
For years, Christmas merchandise has been hitting the U.S. shelves earlier, as retailers try to capitalize on the lucrative holiday season — a retail phenomenon known as “Christmas creep.”
However, tariffs could be the Grinch that disrupts year-end festivities, as Chinese factories and their U.S. buyers navigate tariff uncertainties to ensure that shelves stateside will be well-stocked in time for Christmas.
Shortly after U.S. President Donald Trump unveiled sweeping tariffs on April 2 — including a 34% tariff on imports from China that were later ramped up to 145% — many U.S. retailers reacted by halting their orders from Chinese suppliers, forcing factories to pause production, according to CNBC interviews.
However, industry representatives say that some production has restarted in the last few days, as concerns about business disruptions and missed opportunities outweigh the tariff uncertainties.
“If you don’t start producing in the next couple of weeks, you’re going to start missing Black Friday and Christmas,” Cameron Johnson, Shanghai-based senior partner at consulting firm Tidalwave Solutions, said in a phone interview Tuesday.
“Both sides are trying to be flexible to some degree,” he said. “Retailers are starting to realize if these supply chains stop, it will be much more difficult to get them up and running [again].”
Johnson described how, for example, a pause in orders for a factory making spoons would impact the company that rolls the steel, as well as the iron ore smelter. “These supply chains themselves, the upstream, are also starting to close down. If they close down, even if we have some kind of a deal, it will take time for things to [restart].”
Despite some rerouting of China-made goods through other countries, replacing existing supply chains and shipping schedules will be difficult to achieve overnight. For 36% of U.S. imports from China, more than 70% can only be sourced from mainland suppliers, according to a Goldman Sachs analysis earlier in April.
For example, electronic products need to be shipped out of China by early September to hit U.S. shelves right after the Thanksgiving holiday at the end of November, taking into account customs clearance and the distribution chain, said Renaud Anjoran, CEO of Agilian Technology, an electronics manufacturer in China. The Guangdong-based company delivers half of its products to the U.S. market.
It takes around six months to manufacture, test, assemble, and package, meaning suppliers ideally should have started preparing for these orders in March, said Anjoran.
Shrinking shipments
Many U.S. buyers had started stockpiling inventories since late last year, anticipating higher tariffs after Trump returned to office. As frontloading continued, China’s exports to the U.S. rose by 9.1% in March from a year ago, according to CNBC’s calculation of official customs data, while imports from fell 9.5% on year. April trade figures are expected to be released on May 9.
But those frontloading efforts have started to dwindle. The number of cargo-carrying container ships departing from China to the U.S. has fallen sharply in recent weeks, according to Morgan Stanley’s tracking of high-frequency shipping indicators. Cancelled shipments have also skyrocketed by 14 times in the four weeks from April 14 to May 5, compared to the period from March 10 to April 7, the investment bank said.
In April, a gauge of new export orders from Chinese factories fell to the lowest level since late 2022, according to the national statistics bureau.
“Currently, we do not have a lot of purchase orders for the next few months from American customers,” Anjoran said. Most of his clients have stockpiled inventory that was shipped to the U.S. before Chinese New Year at the end of January, with some orders trickling in March and April.
Some U.S. buyers are waiting to see whether tariffs will be reduced to a more acceptable level in May before resuming shipments, Ryan Zhao, a director at Jiangsu Green Willow Textile, told CNBC. For now, the company has production on hold for orders from its U.S. clients.
Recent reports pointed to some tariff reliefs on the ground as both governments sought to blunt the economic impacts of punitive tariffs. China reportedly granted tariff exemptions to certain U.S. goods, including pharmaceuticals, aerospace equipment, semiconductors, and ethane imports.
In the latest relief, Trump signed an executive order exempting foreign car and parts imports from additional levies, following an earlier rollback of tariffs on a range of electronic products, including smartphones, computers and chips.
Trying to time it right
Despite concerns about profit margins, some businesses are hedging their bets by partially refilling orders from China rather than enduring the sight of empty store shelves, said Tidalwave Solutions’ Johnson.
“A few factories told me some U.S. importers have instructed them to resume production in an attempt to ‘time’ anticipated tariff relief,” Martin Crowley, vice president of product development at Seattle-based wholesale toy seller Toysmith, said in an email Tuesday. The company’s website urges customers to place orders by May 16, for shipping by July 31, “to lock in current, non-tariffed pricing.”
In the last few days, many factories in the manufacturing centers of Yiwu, Shantou, and Dongguan have received clearance from Walmart and Target to resume production, Crowley added. Walmart and Target did not immediately respond to a CNBC request for comment.
Some Agilian customers are also placing relatively smaller orders, betting that tariff rates will decrease by the time their products arrive at U.S. ports.
However, in the event of a breakthrough in U.S.-China trade negotiations — and a rush to backfill orders ensues — that could drive up factories’ production costs and shipping prices.
“It is possible to rush, arrange production faster if quantities are not large … but if all American customers rush at the same time, the factories are going to be overwhelmed and air shipments will be quite expensive,” said Anjoran.
Finance
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Advertisements: A Teen’s Guide
Advertisements are everywhere – on TV, on social media, in magazines, and even on the sides of buses. As a teen, it’s important to understand the power of advertising and how it can influence your choices. Here are some key things to keep in mind when it comes to ads.
What is an Advertisement?
Advertisements are messages that are designed to promote a product or service. They are created by companies to persuade consumers to buy their products. Advertisements can take many forms, including commercials, print ads, billboards, and sponsored posts on social media.
The Power of Persuasion
One of the main goals of advertisements is to persuade consumers to buy a particular product. Advertisers use various techniques to make their products seem appealing, such as using attractive models, catchy slogans, and appealing visuals. It’s important to remember that not everything you see in an ad is necessarily true or accurate.
Understanding Target Audiences
Advertisers often target specific groups of people with their ads. For example, a makeup company may target teenage girls with their ads, while a car company may target middle-aged men. By understanding who the ad is targeting, you can better evaluate its message and whether or not it applies to you.
The Rise of Influencer Marketing
In recent years, influencer marketing has become increasingly popular. Influencers are individuals who have a large following on social media and are paid to promote products to their followers. It’s important to remember that just because an influencer is promoting a product, it doesn’t necessarily mean that it’s the best choice for you.
Tips for Teens
As a teen, it’s essential to be critical of the advertisements you see. Here are some tips to help you navigate the world of advertising:
1. Be skeptical: Don’t believe everything you see in an ad. Remember that the goal of advertising is to sell products, not necessarily to provide accurate information.
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By being aware of the power of advertising and learning to evaluate ads critically, you can make more informed decisions as a consumer. Remember that you have the power to decide what products you buy and how you are influenced by advertisements.
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