Africa Business Radio

South Sudan’s President Salva Kiir has dismissed the central bank governor and appointed a replacement. The dismissal of Dier Tong Ngor was announced in a presidential decree on the national broadcaster on Monday night. He was replaced by Moses Makur Deng who has been a director-general in charge of banks’ supervision and research at the bank. South Sudan’s economy is driven by oil, which accounts for nearly 90% of the country’s national budget.