Tuesday 8 July 2014
By Tesfa-Alem Tekle
July 7, 2014 (ADDIS ABABA) – Ethiopia’s House of Peoples’ Representatives (HPR) has unanimously approved 178.5 billion birr (around $9.1 billion) for the 2014-2015 fiscal year budget.
The new budget saw a 15.3% (...)
Sunday 15 April 2012
By Tesfa-Alem Tekle
April 14, 2012(ADDIS ABABA) - One of Ethiopia’s leading banking groups United Bank is poised to open its first branch outside Ethiopia in South Sudan’s capital Juba, according to a release from the bank.
The new (...)
Wednesday 7 March 2012
March 6, 2012 (KHARTOUM) – The deputy speaker of the Sudanese national assembly Hagu Gism al-Sid said the parliament will seek to establish "direct dialogue" with the United States Congress in an attempt to correct its distorted image (...)
Saturday 3 December 2011
December 2, 2011 (JUBA) - South Sudan plans to borrow $679 million in the 2011-2012 financial years to invest in improving its road and rail networks, a senior official with the Finance Ministry said on Friday. Central Bank of South (...)
Tuesday 6 September 2011
By Ngor Arol Garang
August 19, 2011 (JUBA)- The Government of South Sudan (GoSS) on Monday said it would diversify the economic sector in order to move away oil dependency. Minister of Energy and Mining of the Republic of South (...)
Wednesday 4 July 2007
July 4, 2007 (JUBA, Sudan) — South Sudan has spent $9.5 million to bail out the autonomous region’s biggest bank, privately owned Nile Commercial Bank Plc, after an ambitious expansion forced a restructuring.
NCB has received around 15 (...)
Sunday 30 September 2012
September 29, 2012 (WASHINGTON) – The Sudanese government accused the international community of reneging on pledges of cancelling debt made following the signing of the 2005 Comprehensive Peace Agreement (CPA) between Sudan and South (...)
Wednesday 15 February 2012
February 14, 2012 (KHARTOUM) – The Obama administration will dispatch an official to Khartoum soon for discussions on bilateral ties, a government source told Sudan Tribune.
The United States (US) official, who was not identified, is (...)
Wednesday 19 January 2011
January 18, 2011 (KHARTOUM) – The Sudanese president Omer Hassan Al-Bashir met on Tuesday with the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in the Red Sea resort of Sharm Al Sheikh on the sidelines of the Arab Economic (...)
Monday 19 December 2011
December 18, 2011 (KHARTOUM) – The Sudanese national assembly approved the 2012 budget plan in its third reading amid stiff opposition by some lawmakers who insisted on incorporating additional amendments.
Sudan has lost 75% of its (...)