Thursday 6 January 2011
January 5, 2011 (KHARTOUM) – The Sudanese national assembly on Thursday hastily approved an austerity package sent to it by the cabinet that contained cuts in subsidies for crucial products that is expected to trigger a domino effect on (...)
Friday 11 January 2008
January 9, 2008 (MANAMA, Bahrain) — Sudan is raising as much as 100 million euros ($147 million) from the sale of Islamic bonds in the African nation’s first issue of the securities.
The so-called sukuk mature in 2010, Bahrain’s (...)
Thursday 16 February 2012
February 15, 2012 (KHARTOUM) – The speaker of the Sudanese parliament Ahmed Ibrahim al-Tahir admitted that the sharp decline in the value of the Sudanese pound against the dollar harmed the economy. Sudanese President Omer Hassan (...)
Thursday 14 July 2011
By Ngor Arol Garang
July 13, 2011 (JUBA)-The World Bank (WB) office in South Sudan has announced it is committing $US75 million to support government and citizens of the new nation in the provision of basic services. Ian Bannon, World (...)
Saturday 9 February 2008
February 8, 2008 (JUBA) — The southern branch of Sudan’s central bank has said it will no longer provide commercial banks with U.S. dollars, seeking to reduce black market trade and avoid potential shortages.
The central bank was trying (...)
Friday 4 January 2013
January 3, 2013 (WASHINGTON) – The Sudanese ambassador to the United Nations Daffa-Alla Elhag Ali Osman denied Thursday that his country is behind on its financial obligations to the world body. Daffa-Alla Elhag Ali Osman, Permanent (...)
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 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 (...)
Thursday 1 December 2011
November 30, 2011 (JUBA) - The Central Bank of South Sudan on Wednesday announced it was embarking on a modernisation of the country’s payments, clearing and settlement systems. Kornelio Koryom Mayiik (Getty)
Bank officials say the (...)
Saturday 18 January 2014
January 17, 2014 (KHARTOUM) – The governor of the Central Bank of Sudan (CBoS), Mohamed Ali Al-Sheikh, has acknowledged lack of transparency in reporting money laundering cases in the country.
Al-Sheikh, who addressed a workshop on (...)
The perilous change in Darfur’s demography2015-08-28 08:10:36
By Eric Reeves
The debate about whether or not Darfur was the site of genocide long ago flamed out, largely because the issue became excessively politicized and the world—in general—no longer (...)
South Sudan Peace Agreement: to Sign or not to Sign2015-08-19 05:44:38
By Steve Paterno
South Sudan peace process faltered badly. The most anticipated deadline to sign a final comprehensive agreement has passed, with government failing to ink the proposed (...)