Prices remain high in Rumbek amid SSP volatility

Traders in Rumbek, capital of South Sudan’s Lakes State, say they have not lowered commodity prices despite a signed peace deal because fees remain high and the South Sudan Pound is still volatile.

Traders in Rumbek, capital of South Sudan’s Lakes State, say they have not lowered commodity prices despite a signed peace deal because fees remain high and the South Sudan Pound is still volatile.

Trader Ismail Khalid said meat prices won’t change because cows are still expensive with high government charges and labor costs, Radio Good News reported.

Another trader Hamed Ahmed said the value of the SSP against the dollar keeps fluctuating on a daily basis since the peace deal was signed so they are not reducing prices.

A vegetables seller in the same market said he will not drop his prices until the SSP strengthens.