Thursday 12 January 2012 January 11, 2012 (ABU DHABI) – As part of the ongoing efforts to mobilise foreign investment South Sudan has signed a Memorandum of Understanding (MoU) with Abu Dhabi Investment Company of the United Arab Emirates (UAE) in order to (...)
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 (...)
Friday 19 October 2007 October 18, 2007 (KHARTOUM) — Sudan’s heavy industry group, Giad, plans to float shares in its automotive and metals units on exchanges in Dubai and Khartoum as it seeks to raise funds for expansion, a company official said.
"To expand (...)
Monday 7 March 2011 March 6, 2011 (KHARTOUM) – The Central Bank of Sudan announced today that its governor Sabir Mohamed Al-Hassan will step down immediately, ending weeks of speculations on his future with the highest financial authority in the country. (...)
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.
Tuesday 19 July 2011 July 19, 2011 (JUBA) – The new currency for the newly born nation of the
Republic of South Sudan was officially launched on Monday by President Salva
Kiir Mayardit, amidst citizens concerns that the date on which the notes were (...)
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 (...)
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 (...)
Wednesday 13 November 2013 November 12, 2013 (JUBA) – Inflation fears are high in South Sudan after its Central Bank unexpected announced a devaluation of South Sudanese Pounds (SSP) against the US dollar by nearly 35%. South Sudan Pounds (ST)
The move, the (...)
Sunday 24 November 2013 November 22, 2013 (JUBA) - South Sudan’s ministry of finance has declined to explain how it allegedly borrowed $4.5bn from financial lending institutions and foreign governments following last year’s abrupt oil shutdown after a dispute (...)
UNMISS head of mission must heed calls to step down2014-03-08 11:44:51 By Rose Sakala
March 7, 2014 - The calls by the South Sudanese for the Head of the UN Mission ( UNMISS) to step down ought to be taken seriously for it is their prerogative to determine who is (...)
Khartoum: really out of the terrorism business?2014-03-08 11:33:53 By Eric Reeves
March 7, 2014 - Given the U.S. intelligence community's eager relationship with Khartoum, it would be convenient if the National Islamic Front/National Congress Party regime were (...)
The power struggle dividing the country2014-03-07 09:47:48 By Nikolai Hegertun
March 7, 2014 - 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 (...)