BoSS Leads Validation Workshop to Strengthen South Sudan’s National Payment System
By: Daniel Mareng Wek Magok
Juba, August 12, 2026- – Bank of South Sudan (BoSS) is leading a five-day validation workshop on the Draft National Payment System Bill, 2025, aimed at strengthening the legal and regulatory framework governing payment systems in South Sudan. The workshop, which runs from August 10-14 in Juba, brings together officials from the Bank of South Sudan, members of the National Legislative Assembly, the East African Community Secretariat, the Ministry of Justice, commercial banks, fintech companies, telecommunications companies, legal institutions and other key stakeholders.
The participants are reviewing and validating key provisions of the proposed Bill, including payment system licensing and supervision, eligibility requirements, exemptions, licensing fees and conditions, electronic money, payment settlement, consumer data protection, risk management and regulatory measures.
On the first day, Bank of South Sudan Deputy Governor, Hon. Weituy Luony Babouth, said the Bill would provide a clear regulatory framework to support a safe, efficient and resilient national payment system while promoting financial stability and expanding access to modern payment services. On the second day, discussions focused on licensing, oversight and risk management. Participants examined provisions on the suspension and revocation of licenses, corrective actions and notification requirements, with emphasis on ensuring appropriate regulatory measures that protect the stability and integrity of the payment system while promoting fairness and transparency for regulated entities.
The workshop also reviewed rules governing access to payment systems, system rules and their amendment, risk management, business continuity arrangements, as well as ongoing oversight and supervision of payment systems. On the third day, the workshop continued with the review and validation of proposed provisions, with Mr. Akum David Sabahker, Director of the National Payment Systems Department at the Bank of South Sudan, facilitating the session.
Participants are also reviewing the validation matrix, identifying gaps and making recommendations to ensure that the proposed legislation reflects the needs and realities of South Sudan’s evolving financial and digital payments sector. The National Payment System Bill, 2025, seeks to establish a comprehensive framework for secure, efficient and inclusive digital payments in the country. Stakeholders say continued engagement is critical to ensure that the legislation supports innovation, strengthens regulatory oversight, enhances consumer confidence and contributes to the development of a secure, efficient and resilient payment ecosystem.
According to Mr. Akum David Sabahker, the workshop is expected to conclude with proposed amendments and recommendations before the Bill proceeds to the next stage of the legislative process.