Thursday 10 April 2014 April 9, 2014 (KHARTOUM) – Egyptian banks are refusing to receive wire transfers from Sudanese and Libyan companies in line with instructions issued by the Central Bank of Egypt (CBoE). The headquarters of the Central Bank of Egypt in (...)
Wednesday 2 April 2014 April 1, 2014 (KHARTOUM) – The Central Bank of Sudan (CBoS) has directed all commercial banks in the country to implement provisions of the of the US Foreign Account Tax Compliance Act (FATCA) by 1 July.
FACTA is a US law designed to (...)
Sunday 19 January 2014 January 18, 2014 (KHARTOUM) – A number of Sudanese banks were notified by their peers in China, Europe, Asia and Middle East that their accounts will be closed which would lead to a cessation of incoming and outgoing wire transfers to (...)
Tuesday 4 March 2014 March 3, 2014 (KHARTOUM) – The Sudanese government has downplayed a decision by banks in Saudi Arabia to stop any dealings with their counterparts in Sudan saying it is not politically motivated. An official leaves after a news (...)
Thursday 29 November 2012 By Tesfa-Alem Tekle
November 28, 2012 (ADDIS ABABA) – Remittances sent to poor nations from family and friends living abroad has increased from $3.5 billion in 1990 to $27 billion in 2011, according to a new United Nations report.
Monday 19 November 2012 November 18, 2012 (JUBA/NAIROBI) - Equity Bank Group last week launched a partnership with China Union Pay; an initiative that will allow Union Pay card holders make transactions from the bank’s Automatic Teller Machines (ATMs) and sale (...)
Saturday 3 November 2012 November 2, 2012 (JUBA) – An agreement between private financial institutions and United States Agency for International Development (USAID) has “unlocked $7 millions for lending” to South Sudanese farmers, the US embassy said in a press (...)
Monday 2 September 2013 September 01, 2013 (JUBA) – CfC Stanbic Bank, a subsidiary of Standard Bank Group, is determined in its approach to provide banking solutions in support of the private sector in South Sudan. South Sudan’s Salva Kiir greets a CfC Stanbic (...)
Friday 26 July 2013 July 25, 2013, (KHARTOUM) - The Indian government announced today that it has approved a request by Sudan to revise the repayment terms on lines of credit previously extended by New Delhi. Sudan’s minister of finance and national (...)
Friday 18 May 2012 May 17, 2012 (KHARTOUM) – Foreign exchange (Forex) bureaus in Sudan will be able to buy and sell currencies using their own exchange rate away from the official one, it was announced today. An official leaves after a news conference (...)
Why justice must be served to save South Sudan2014-04-15 06:05:07 By Amb Joseph Ayok Anei
April 14, 2014 - In May 1981 a Muslim called Ali Agca attempted to assassinate His Holiness Pope John Paul II. However, after his recovery, the Pope not only prayed for (...)