Juba Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ==Economy== Juba has been described as undergoing an economic boom, especially in the past five years and since independence.{{citation needed|date=November 2013}} The prospect of an economic boom has brought thousands of merchants to Juba, mostly from northern Sudan and from [[East Africa]]. {{as of|October 2010}}, several regional and international businesses have established a presence in Juba. The [[Commercial Bank of Ethiopia]] and the Kenyan banking conglomerate [[KCB Group|Kenya Commercial Bank]] has its South Sudanese headquarters in the city and a branch network of eleven branches throughout South Sudan.<ref>{{cite web|url=http://www.kcbbankgroup.com/su/index.php?option=com_content&task=view&id=1&Itemid=1|title=About KCB Southern Sudan|date=4 March 2008|publisher=Kcbbankgroup.com|access-date=20 June 2012|archive-url=https://web.archive.org/web/20120320194732/http://www.kcbbankgroup.com/su/index.php?option=com_content&task=view&id=1&Itemid=1|archive-date=20 March 2012|url-status=dead}}</ref> The three indigenous South Sudanese commercial banks namely; [[Buffalo Commercial Bank]], [[Ivory Bank]] and [[Nile Commercial Bank]], all maintain their headquarters in Juba. [[Equity Bank Group|Equity Bank]], another regional finance services provider also has a branch in Juba. [[National Insurance Corporation]] (NIC), the leading Ugandan insurance services provider, maintains an office in the city.<ref>[http://www.nic.co.ug/pg.php?Id=6&p=media&s=news NIC Expands Into Sudan] {{webarchive|url=https://web.archive.org/web/20090516032406/http://www.nic.co.ug/pg.php?Id=6&p=media&s=news|date=16 May 2009}}</ref> Despite recent economic difficulties brought about by the [[South Sudanese Civil War|15 December 2013 civil war]], Juba has continued to grow and construction is still booming. This is probably due to the high demand for affordable housing and hotel accommodations. Research from the [[Overseas Development Institute]] found that markets in Juba are transient, as many traders only come to make a quick profit and so do not invest in storage facilities or shops.<ref>Irina Mosel and Emily Henderson (2015) [http://www.odi.org/publications/10000-markets-crises-south-sudan-case-study Markets in crises: South Sudan case study] London: Overseas Development Institute</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page