Saturday 9 June 2012 June 8, 2012 (JUBA) - South Sudan said Friday it was increasing taxes and customs duties, apparently in an attempt to fill the gap in the country’s budget deficit after the closure of the oil production earlier this year.
Tuesday 25 February 2014 February 24, 2014 (KHARTOUM) – Sudan’s ministry of foreign affairs has disclosed that Sudanese financial assets amounting to $48.2 million are frozen in the United States under decade-long sanctions imposed by Washington on Khartoum. The (...)
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 (...)
Thursday 16 January 2014 January 15, 2014 (KHARTOUM) – The US dollar inched higher in the black market relative to the Sudanese pound (SDG) despite assurances by the central bank that it has enough Forex reserves to support the local currency. A worker counts (...)
Friday 21 February 2014 February 20, 2014 (JUBA) - Authorities in South Sudan’s Northern Bahr el Ghazal state have suspended secretary general Garang Kuot Kuot over his alleged role in the misappropriation of public funds. Garang Kuot Kuot, the suspended (...)
Friday 28 September 2012 September 27, 2012 (WASHINGTON) – The International Monetary Fund (IMF) released figures on Thursday projecting that Sudan’s external debts will hit an all-time high next year, the latest evidence of a growing economic crisis engulfing (...)
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 Minister (...)
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 19 January 2014 January 18, 2014 (KHARTOUM) – A number of Sudanese lawmakers demanded that the government initiate proceedings against those accused of financial and legal abuses in the most recent report of the inspector-general. The audience listens (...)
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 power struggle dividing the country2014-03-07 09:47:48 By Nikolai Hegertun
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 election in 2010 has (...)
From the ashes of war, seeds of peace2014-03-07 06:23:22 By Ban Ki-moon
March 6, 2014 - What was once the biggest United Nations peacekeeping operation in the world winds down this month, and the most extraordinary part of this historic development is (...)