Zain

Zain in Sudan

In recent years Zain has been experiencing an unfavorable business climate in Sudan caused by the erosion in the value of the local currency against the dollar and move by the government to raise sales taxes on telecom companies to 30 percent from 20 percent and a profit tax to 30 percent from 15 percent.

Furthermore, Sudan’s central bank prohibits foreign companies from repatriating their profits abroad and in the case of Zain this has been ongoing for several years.

SIM card registration launched in Jonglei
Tuesday 12 February 2013
February 9, 2013 (BOR) - South Sudan has begun a process of registering all telephone subscriber identity module (SIM) cards in order to track those responsible for issuing threats and conducting criminal activity using mobile phones. (...)
Bashir discusses investment difficulties with Zain Telecom directors
Monday 18 February 2013
February 18, 2013 (KHARTOUM) – The Sudanese president Omer Hassan al-Bashir met on Wednesday with several members of Zain Telecom’s board of directors for discussions that focused on difficulties facing their investments in the country. (...)
Zain-Sudan is not transferring profits to parent company, earnings projections slashed
Friday 27 January 2012
January 26, 2012 (KHARTOUM) –Zain’s Sudan Telecommunications Unit has not transferred any the profit it made to the parent company in Kuwait for five years, the unit’s CEO Ibrahim Ahmed El-Hassan revealed this week at a press conference (...)
Juba lauds efforts of private sector in development
Thursday 4 November 2010
November 3, 2010, (JUBA) — The government of the semi-autonomous region of south Sudan on Tuesday commended participation of the private sector in the regional development Madut Biar Yel, Minister of Telecommunications and Postal (...)

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