Friday 2 December 2011 By Julius N. Uma
December 1, 2011 (JUBA) - South Sudan warned all foreign oil companies, the oil consortia and pipeline operators in the country not to cooperate with Sudan on crude oil-related matters, unless authorized.
Tuesday 23 November 2010 November 22, 2010 (KHARTOUM) – Sudan’s central bank issued a directive on Monday authorizing the foreign exchange bureaus and banks to buy forex at a premium which analysts said effectively amounts to a currency devaluation.
"In order (...)
Thursday 27 October 2011 October 26, 2011 (WASHINGTON) – The International Monetary Fund (IMF) on Wednesday sounded a warning bell to South Sudan, saying that the newly established nation will see diminishing oil production levels in less than ten years.
Monday 2 July 2007 By Professor Ali Abdalla Ali*
June 30, 2007 — It came in the news (ST.20th.June 2007) that the South Sudan Cabinet rejected to authorize Islamic banking system to operate in the South saying it will breach the Comprehensive Peace (...)
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 9 January 2007 Jan 8, 2007 (KHARTOUM) — Sudan will introduce a new ’pound’ currency to replace the current ’dinar’ from Jan. 10, at a cost of $150 million, Central Bank Governor Sabir Mohamed Hassan said on Monday.
The new currency was agreed under a (...)
Thursday 22 September 2011 September 21, 2011 (WASHINGTON) – The economy of post-secession Sudan will experience contraction in growth in the years 2011 and 2012, according to data released by the International Monetary Fund (IMF). Olivier Blanchard(2nd-R), chief (...)
Friday 29 January 2010 By Justin Ambago Ramba
January 28, 2010 — Ten years ago the people of south Sudan in their struggle for freedom came up with the beautiful idea of starting a monetary institution that would serve as the nucleus for promoting the local (...)
Monday 10 August 2009 August 9, 2009 (KHARTOUM) — A number of employees at a Sudanese blank have stolen millions of dollars, a pro-government newspaper reported today. Al-Nilain bank
The Akhir-Lahza newspaper said that 200 million Sudanese pounds ($83 (...)
Tuesday 19 June 2012 June 18, 2012 (KHARTOUM) - Student protests opposing the government austerity plans continued for the second day on Monday in the Sudanese capital Khartoum and its suburbs.
President Omar Al-Bashir announced before the members of the (...)
The power struggle dividing the country2014-03-07 09:47:48 By Nikolai Hegertun
The root cause of the conflict in South Sudan was the bitter power-struggle within the leadership of SPLM. The party that got 170 out of 180 seats in the election in 2010 has (...)
From the ashes of war, seeds of peace2014-03-07 06:23:22 By Ban Ki-moon
March 6, 2014 - What was once the biggest United Nations peacekeeping operation in the world winds down this month, and the most extraordinary part of this historic development is (...)