Bank of South Sudan, NCA Sign MoU on Digital Financial Services
Juba, November 4, 2026- – Bank of South Sudan (BoSS) and the National Communications Authority (NCA) have signed a Memorandum of Understanding (MoU) to strengthen regulatory cooperation, cybersecurity, and the security of digital financial services in South Sudan.
The MoU was signed by BoSS Governor, Hon. Dr. Addis Ababa Othow, and NCA Director General, Eng. Gieth Kon Mathiang.
Speaking at the signing ceremony, Governor Othow said the agreement renews the two institutions’ commitment to continued cooperation, building on efforts initiated in 2025.
“As the country’s Central Bank, our responsibility goes beyond monetary policy and the regulation of financial institutions. We must also safeguard the integrity, security and resilience of the financial infrastructure upon which our economy increasingly depends,” he said.
Governor Othow stressed that secure communication networks and strong cybersecurity are essential to modernizing banking infrastructure and strengthening digital payment systems.
For his part, Eng. Gieth Kon Mathiang said the agreement would provide a basis for closer cooperation in securing digital financial services.
“The National Communications Authority looks forward to working closely with the Bank of South Sudan to translate this agreement into practical results that benefit our people. Together, we can strengthen the security of digital financial services and build greater public trust,” he said.
The MoU aims to promote a consistent and effective regulatory framework for Digital Financial Services (DFS), establish structured cooperation and information-sharing mechanisms, facilitate joint supervision, investigations and enforcement where the institutions’ mandates overlap, promote a fair, competitive and enabling environment for digital financial services, and enhance consumer protection and cybersecurity.
The signing ceremony was attended by the Bank’s Deputy Governors, Directors General and other senior officials.