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Finance
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Friday 24 April 2009
By Isaac Vuni
April 23, 2009 (JUBA) — Southern Sudan based Nile Commercial Bank (NCB) has run out of cash to meet its obligations, the clearest sign to date of the deepening financial crisis facing the semi-autonomous region.
The (...)
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Saturday 25 February 2012
February 24, 2012 (KHARTOUM) – The OPEC Fund for International Development (OFID) signed yesterday a loan agreement with Sudan in the amount of $30 million that will be used to build a dam on Atabarah river.
OFID Director-General (...)
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Monday 25 June 2007
By Professor Ali Abdalla Ali,
Sudan University of Science and Technology
June 25, 2007 — Week before last, the Minister of Finance and National Economy (MFNE), Mr. Zubeir M. Hassan, withdrew the regulatory powers over Khartoum Stock (...)
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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 (...)
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Friday 1 April 2011
By Manyang Mayom
March 31, 2011 (RUMBEK) - The Lakes state Legislative Assembly passed the state’s budget for the 2011 financial year budget totaling 151 million Sudanese pounds (SDG) on Thursday.
At the beginning of March, the State (...)
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Monday 16 April 2012
April 15, 2012 (KHARTOUM) – The Sudanese government has finally acknowledged the economic ramifications of losing oil-producing area of Heglig to South Sudan’s army, revealing measures to remedy the situation. FILE – Sudan’s oil (...)
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Wednesday 15 February 2012
February 14, 2012 (JUBA) – The vice president (VP) of the Republic of South Sudan, Riek Machar, has officially declared his personal income, assets and liabilities while calling on all constitutional post holders in the country to do (...)
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Saturday 18 June 2011
By Philip Thon Aleu
June 16, 2011 (JUBA) – South Sudan Legislative Assembly (SSLA) has invited ministers of finance and legal affairs to answer questions on delayed investigation into the region’s massive grain scandal. The (...)
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Saturday 30 April 2011
April 29, 2011 (WASHINGTON) — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) Friday removed the private Bank of Khartoum from a blacklist of Sudanese entities and individuals subjected to economic sanctions (...)
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Monday 11 July 2011
July 8, 2011 (BOR) - The state government of Jonglei has adopted a new computerised system for financial control starting from July, the state minister of finance revealed on Thursday.
The state minister of finance, Aquila Mam told (...)
Latest Comments & Analysis
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