Africazine:
Johnny Ohisa has been reappointed as the Governor of the Bank of South Sudan, marking his third term in this critical position.
President Salva Kiir’s decree, announced on state television, reinstates Ohisa after a brief tenure by Yeni Samuel Costa, who served just over two months. The changes come amid ongoing economic challenges, including currency depreciation and inflation.
Johnny Ohisa’s Return to the Central Bank
Johnny Ohisa’s reappointment as Governor of the Bank of South Sudan signifies a return to leadership for the third time since 2022. His previous tenure ended seven months ago, and he now faces the task of addressing the country’s economic difficulties.
The Bank of South Sudan plays a vital role in shaping monetary policy and ensuring financial stability. Ohisa’s experience will be crucial as the government seeks to stabilize the economy and restore confidence in the financial system.
Context of Economic Strain in South Sudan
During Yeni Samuel Costa’s brief tenure, South Sudan experienced significant economic strain characterized by currency depreciation and rising inflation. Costa’s appointment was on November 12, 2025, but he served the shortest term for a governor since 2011.
The economic challenges faced by the nation underscore the importance of effective leadership at the central bank. Ohisa’s return is seen as a strategic move to navigate these turbulent times.
Next Steps for the Bank of South Sudan
- Implement strategies to stabilize the economy.
- Focus on restoring confidence in the financial system.
- Address ongoing issues of currency depreciation and inflation.
Ohisa’s leadership is pivotal for South Sudan’s economic recovery.
