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South Sudan's president dismisses central bank governor
['With Agencies']
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South Sudan's President Salva Kiir has dismissed economist Johnny Ohisa from his post as the country's central bank governor.
He previously served as the bank’s chief on two separate occasions and was reappointed for a third time earlier this year.
Analysts suggest this signals an attempt by the president to consolidate his power amid uncertainty over who will succeed him.
South Sudan's economy faces mounting pressure from declining oil revenues, recurring cash shortages, high inflation, and currency depreciation.
The country remains deeply insecure with clashes between the military and fighters loyal to the detained First Vice President Riek Machar’s party surging since last year.