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Finance
Finance
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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 (...)
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Monday 16 April 2012
April 11, 2012 (ADDIS ABABA/JUBA) - South Sudan has tightened visa regulations for the many foreign nationals working in the nine-month-old country, as the oil dispute with north Sudan continues to have a negative affect on both (...)
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Wednesday 16 February 2011
February 15, 2011 (JUBA) – The new state of South Sudan that is expected to officially become the world’s newest state in July, has no intention of continuing to split the proceeds from oil revenue, an official in the South’s ruling (...)
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Wednesday 2 February 2011
February 1, 2 011 (KHARTOUM) – The financial authorities in North Sudan told their Southern counterparts that they will discontinue use of the pound after the semi-autonomous region officially becomes an independent state. (...)
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Tuesday 25 February 2014
February 24, 2014 (KHARTOUM) – Sudan’s parliamantary subcommittee on health has revealed that 50% of the population do not have access to basic drugs, with 79% of people having to pay out of their own pockets to buy medicine due to (...)
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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 (...)
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Friday 22 May 2009
By Isaac Vuni
May 20, 2009 (JUBA) – In an effort to shore up the cash-strapped Nile Commercial Bank, the President of the Bank of South Sudan, Elijah Malok Aleng, has given an ultimatum to defaulters to repay improperly issued loans or (...)
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Monday 8 October 2007
October 7, 2007 (KHARTOUM) — The World Bank has praised the success of the introduction of new unified currency in the Sudan. The international body said today the new pound would result in greater efficiency and enhanced stability of (...)
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Thursday 18 March 2010
March 17, 2010 (KHARTOUM) — The Sudanese president Omer Hassan Al-Bashir has reportedly ordered the ministry of health to fire specialized physicians who have officially gone on week-long strike to press the government to pay back wages (...)
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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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