Saturday 17 March 2012 March 17, 2012 (JUBA) – The eight month old independent state of South Sudan has criminalised money laundering as part of an ongoing effort to arrest the rampant corruption in the country. Government of South Sudan cabinet meeting (ST) (...)
Thursday 14 February 2013 February 13, 2013 (KHARTOUM) – Members from the Eastern Front (EF), a former rebel group who are part of the East Reconstruction and Development Fund (ERDF), unleashed a barrage of criticism at Khartoum, claiming that the latter has (...)
Saturday 9 June 2012 June 8, 2012 (JUBA) - South Sudan said Friday it was increasing taxes and customs duties, apparently in an attempt to fill the gap in the country’s budget deficit after the closure of the oil production earlier this year.
Tuesday 25 October 2011 October 24, 2011 (KHARTOUM) – The Sudanese First Vice President Ali Osman Taha paid a one-day visit to Kuwait for talks focused on ways the Arab Gulf state can bolster its investments to aid the beleaguered economy. Sudanese First Vice (...)
Tuesday 2 October 2012 October 1, 2012 (KHARTOUM) – The governor of Sudan’s central bank Mohamed Kheir Al-Zubeir said on Monday that his country has enough foreign exchange reserves to cover around five months of imports contrary to figures released last week (...)
Thursday 3 November 2011 November 2, 2011 (JUBA) - The Rumbek Nile Commercial Bank (NCB) has reopened two years after it collapsed in 2009 due to bankruptcy. Over six thousand customers who had an accounts with the bank are now able to access their money after (...)
Monday 14 November 2011 November 13, 2011 (JUBA) - Nile Commercial Bank has reopened in Unity state and will begin refunding money lost when the bank collapsed in 2008 due to bankruptcy.
Earlier this month the bank reopened in Rumbek, the capital of Lakes (...)
Tuesday 10 August 2010 August 9, 2010 (WASHINGTON) — Rebuilding foreign exchange reserves is an "immediate priority" for Sudan in 2010 said the International Monetary Fund (IMF) in a report released last week that contained a detailed overview of the (...)
Thursday 15 September 2011 By Toby Collins
September 12, 2011 (LONDON) – The cost of living in South Sudan is rising sharply with a recent hike in the price of common consumer goods. Juba Market (Getty)
The Consumer Price Index (CPI), which is used to measure (...)
Sunday 26 February 2012 By Ngor Arol Garang
February 25, 2012 (JUBA) - A South Sudanese opposition group has criticised austerity measures introduced by government to adjust to the loss of oil revenues, after the young country stopped exporting its oil (...)
On Abyei enough is enough2013-06-18 05:01:47 By Deng Vanang
June 17, 2013 - No one whether locally or internationally can still argue there is more hope to resolve Abyei stalemate peacefully. It has been everybody’s wish that dialogue could (...)