The first-ever Juba economic forum established by the Central Equatoria State business community opened on Thursday.
James Wani Igga, the Vice President for Economic Cluster during the launching ceremony held at Pyramid Hotel urged the forum to devise solutions aimed at increasing economic production that will lead to sustainable development.
“The business is a level playing field and has to be connected to major markets, and in order to bring new prosperity and new opportunities for growth we must also usher in new ways to support sustainable consumption and production which must also enable sustainable development,” Igga said.
He said the small and medium businesses that employ most people are restricted by regulations from the government.
Igga said regulations and laws should be in place to promote business and investments.
The Juba economic forum which commenced yesterday will close on Saturday.
Thomas Muto, the patron for Central Equatoria Business Community, said that Juba economic forum aims to create conducive environment for economic development.
“The core objective to why Juba economic forum is established is to create an enabling and conducive environment for sharing ideas on tackling challenges of economic transformation,” Muto said.
“The world is changing and the technology as well is changing day after day, for businesses to grow there is need for us to see how we transform our economy digitally,” he added.
Juma Khamis, the Chairperson for Central Equatoria Business Union, said the initiative of the business union will help improve economic development across Central Equatoria State and in the country.
“Juba economic forum is an initiative of business union and we believe together we will work to improve the economic development and prosperity in Central Equatoria State, and above all in the Republic of South Sudan,” he said.
The sponsors of juba economic forum include Horizon bank, Zain, and The Dawn newspaper.