Finance
VP Bol Mel Chairs First Cluster Meeting

Economic Cluster’s New Direction
The Vice President for Economic Cluster, Dr. Benjamin Bol Mel, chaired his first official meeting with his Economic Cluster team on Wednesday. The meeting aimed to align the Cluster’s agenda with the country’s pressing needs.
Aligning with National Priorities
The Vice President emphasized the need to sustain economic momentum by ensuring continuity, coordination, and tangible impact. He reiterated the government’s commitment to addressing key national priorities, including:
- Reducing the cost of living
- Ensuring food security
- Creating jobs
- Stabilizing exchange rates
- Guaranteeing the timely payment of civil servants’ salaries
The Year of Agriculture
Reflecting on H.E. President Salva Kiir Mayardit’s New Year’s Address, the Vice President declared 2025 as the Year of Agriculture. He described agriculture as the cornerstone of the nation’s economic revival and called on the Ministry of Agriculture to lead preparations for the upcoming planting season.
Unlocking Agriculture’s Potential
To maximize the sector’s potential, he urged close collaboration with the Ministries of Investment, and Trade & Industry to unlock strategic investments in:
- Agriculture
- Agro-processing
- Agri-ventures
These efforts will be aimed at feeding the nation while spurring job creation through value addition.
Strengthening Non-Oil Revenue Generation
Dr. Benjamin Bol Mel also endorsed a bold initiative from the Economic Cluster focused on strengthening non-oil revenue generation by:
- Tapping into promising sectors
- Broadening the tax base
- Enhancing the balance of trade
- Fostering inclusive, people-centred growth
Ensuring Accountability
Stressing the importance of accountability, he called for fiscal discipline and full implementation of ongoing financial reforms to ensure prudent management of public resources.
Driving Economic Revitalization
In his closing remarks, the Vice President urged the Cluster to:
- Attract both local and foreign investment
- Boost manufacturing
- Expand market access
- Drive the nation’s economic revitalization
Conclusion
This landmark meeting sets a clear direction for the country and sends a strong and hopeful message to the people of South Sudan: the journey of transformation to shared prosperity has begun. With a focus on agriculture, non-oil revenue generation, and economic revitalization, the country is poised for growth and development. The Vice President’s emphasis on accountability and fiscal discipline ensures that the nation’s resources are managed prudently, paving the way for a brighter future.
Finance
Fish Traders Protest High Taxes

Fish Traders in Jonglei State Face High Taxes and Challenges
The fish traders in Jonglei State’s capital, Bor, are facing numerous challenges due to the high taxes imposed on them by the local government. These taxes are affecting their ability to grow their businesses and succeed as entrepreneurs.
The Impact of High Taxes
According to the traders, the taxes are having a detrimental impact on their ability to make a profit. One young business entrepreneur, Michael Kung Atem, expressed his concerns about the high taxes. "Last time that I came here, the government could take 50% of what I do. When the government is taking something from what I do, they need to provide some service for me so that it should protect my fish and where I stay," he stressed.
The Benefits of Selling Fish
Despite the challenges, selling fish has been beneficial for many traders. Kulang, a fish trader, said that selling fish helps him to sustain his family by paying tuition fees for himself and the children and also medication for the family in times of sickness. He also revealed that profits vary with the type and size of fish that customers want from the market.
Challenges Faced by Fish Traders
The fish traders in Bor face numerous challenges, including the lack of proper storage facilities for their fish stock, excessive taxes, and high transportation costs. Martha Majok, a trader from Juba, complained about the inaccessibility of roads that turn slippery during the rainy season. She also expressed the need for a spacious storage area for fish, citing the absence of suitable facilities and shelter.
High Transportation Costs
Jacob Mabor, a seasoned wholesale buyer, said that too many taxes and the high cost of transportation are affecting their business. "If the price of fuel is very high, everything will go up. So if you buy the fish and sell it, the money that you earn will be at a loss," Mabor disclosed.
The Need for Government Support
The fish traders are calling on the government to provide them with conducive market platforms for them to connect with their buyers at better prices. Marko Majur, the acting chairperson of the Jonglei Fishing Trader’s Union, said that the government should support the fish traders by providing them with better infrastructure and reducing the taxes imposed on them.
The Fishing Industry in Jonglei State
The fishing industry in Jonglei State is a significant contributor to the local economy. The state is home to a large and diverse freshwater ecosystem, with a wide range of fish species. The completion of the new asphalt Juba-Bor Highway has eased transportation and ushered in new opportunities, particularly in the form of the now flourishing fish business.
Conclusion
In conclusion, the fish traders in Jonglei State’s capital, Bor, are facing numerous challenges due to the high taxes imposed on them by the local government. Despite these challenges, selling fish has been beneficial for many traders, providing them with a source of income and employment opportunities. The government should support the fish traders by providing them with better infrastructure and reducing the taxes imposed on them. By doing so, the fish traders can grow their businesses and contribute to the local economy.
Finance
17 South Sudanese Youth Head to UAE for Employment Opportunities

Introduction to a New Opportunity
At least 17 young South Sudanese workers are set to travel to Dubai and Abu Dhabi in the United Arab Emirates (UAE) to work, marking the country’s first ever initiative to send labor force overseas. The men, aged between 20 and 25 years, will be employed by companies as bike riders and cable pullers.
The Initiative
According to Ramsey Sagamu, the General Manager of Gaani Study Abroad, a company that helps South Sudanese seeking education and job opportunities overseas, the initiative is a result of agreements signed with overseas companies to mobilize a workforce from the country. Sagamu said that 11 of the men were cleared for the first flights on 15th and 16th April as bike riders, while the six others are still processing their documents as cable pullers to Abu Dhabi.
The Workers’ Dreams
One of the laborers, 23-year-old Chikom Moses Mayom from Warrap State, said his aim was to seek study opportunities abroad. After learning of some work opportunities, Mayom said he picked an interest in it to raise fees to attend university. "As I was looking for everything that is required to meet the requirement to study abroad, that is in Turkey, I got the opportunity of going to the Middle East to go and work, whereby I will be able to work and study at the same time," he said.
A Chance to Try New Things
Cirilo Majur Akech, 20, is a second-year student at the School of Arts and Humanity at the University of Juba. He said he welcomed the opportunity, saying it would give him the opportunity to try new things. Majur said he’s not only going to work but also study in a better environment to change the narrative at home. "I welcome this opportunity with great pleasure and honor, and really a great time for us to try a new thing. We have been trying to get the opportunity. As you can see, a lot of people are trying their way to better living, daily meals and all that," he said.
Pre-Travel Orientation
The candidates were brought together ahead of their flight for the pre-travel orientation held in Juba on Friday. Speaking during the orientation, the Director for Labor and Industrial Relations in the Ministry of Labor, Justine Jada Joseph, cautioned the candidates against misbehavior in the oil-rich Gulf kingdom. Mr. Jada encouraged the young men to bring a good reputation to the country as this would open more chances for others who would choose to come after them.
A Warning and a Word of Encouragement
Mr. Jada warned the candidates that misbehavior could block opportunities for others. "Make sure you are there to bring very good credibility first to your families, second and most importantly, to the country, and if you mess it up, then there is no other second batch coming, because they have seen what has gone wrong there and even those countries where you are going to will also communicate to others that don’t have a give a chance to South Sudanese because they will mess it up," he said.
Conclusion
The initiative to send young South Sudanese workers to the UAE is a significant step towards providing opportunities for the country’s youth. The workers are eager to start their new journey and make a positive impact. With the right mindset and behavior, they can pave the way for others to follow in their footsteps and create a brighter future for themselves and their country.
Finance
Withstanding Wild Market Swings Fund

Introduction to a Unique Investment Option
The current market conditions are unpredictable and volatile, making it challenging for investors to navigate. Katie Stockton, the founder of Fairlead Strategies, believes she has found a solution to help investors mitigate losses during these wild market swings.
What is the Fairlead Tactical Sector ETF?
The Fairlead Tactical Sector ETF (TACK) is designed to be agile in times of market stress. Unlike traditional ETFs, it is not tied to a specific index. Instead, it uses multiple strategies to help investors leverage the upside while minimizing drawdowns. This approach allows the ETF to rotate between different sectors, reducing the risk of significant losses.
How Does the Fairlead Tactical Sector ETF Work?
The ETF rotates monthly between all 11 S&P 500 sectors. This means that it constantly assesses the market conditions and adjusts its holdings to optimize returns. As of April 16, the fund’s top sector holdings included consumer staples, utilities, and real estate. By diversifying its holdings across different sectors, the ETF aims to reduce its exposure to any one particular sector, thereby minimizing potential losses.
Performance of the Fairlead Tactical Sector ETF
Since President Donald Trump announced his "reciprocal" tariffs on April 2, the Fairlead Tactical Sector ETF has fallen just over 4%, while the S&P 500 has lost 6.9%. This demonstrates the ETF’s ability to navigate challenging market conditions and outperform the broader market. As of Thursday’s close, the Fairlead Tactical Sector ETF is down 4% so far this year, which is a relatively modest decline compared to other ETFs.
Comparison to Other ETFs
In contrast, ETFs that are centered around specific sectors or strategies are largely under pressure. For example, the Invesco Top QQQ Trust (QBIG), which tracks the top 45% of companies in the Nasdaq-100 index, is down 22% in 2025. The GraniteShares YieldBoost TSLA ETF (TSYY) is off 48% since the beginning of the year. This highlights the benefits of the Fairlead Tactical Sector ETF’s diversified approach.
Expert Opinion
BTIG’s Troy Donohue, the firm’s head of Americas portfolio trading, believes that the Fairlead Tactical Sector ETF employs a sound strategy, particularly during the recent "dramatic pullback." He praises the ETF’s ability to be nimble during these market times, saying, "TACK is a great example of how you can be nimble during these market times. It’s great to see it in an ETF product that has performed really well during this recent drawdown."
Conclusion
The Fairlead Tactical Sector ETF offers a unique approach to investing, one that prioritizes agility and diversification. By rotating between different sectors and using multiple strategies, the ETF is well-equipped to navigate volatile market conditions. As the market continues to evolve, the Fairlead Tactical Sector ETF is an option worth considering for investors looking to minimize losses and maximize returns. With its impressive performance and expert endorsements, this ETF is definitely worth exploring further.
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