South Sudan’s gamble: Betting on black gold amid the ballot

BusinessDay | 04-09-2026 02:54pm |

South Sudan, a landlocked and economically fragile nation heavily dependent on oil, is placing its hopes on petroleum revenues as it approaches elections scheduled for December. The country's economic stability remains closely tied to oil production and global prices. Analysts view this reliance as a gamble given the nation's vulnerabilities and the volatile nature of the oil market.

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