Kenya, Uganda lose $12m as South Sudan inflation hits 600pc
Using every means possible to leave South Sudan, some walked, others used motor cycle taxis, private vehicles turned taxis. Juba attributes high cost of goods in the country to evacuation of Kenyan and Ugandan business people as a result of violence that erupted mid July 2016. PHOTO | FILE
Kenya and Uganda’s move to evacuate their nationals and the subsequent travel advisories against Juba saw South Sudan’s inflation more than double in July to reach an annual rate of over 650 per cent, the highest in Africa.
South Sudan’s presidential spokesman Ateny Wek Ateny acknowledged that the evacuation of traders from Juba has caused a massive food shortage, resulting in high inflation.
