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Finance
Finance
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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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Thursday 27 October 2011
October 26, 2011 (WASHINGTON) – The International Monetary Fund (IMF) on Wednesday sounded a warning bell to South Sudan, saying that the newly established nation will see diminishing oil production levels in less than ten years.
In (...)
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Wednesday 26 October 2011
October 25, 2011 (KHARTOUM) – The foreign exchange reserves in Sudan are sufficient to cover three months of imports, a senior official in the central bank revealed in an interview. Central Bank of Sudan (CBoS) ( Photo Reuters) (...)
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Friday 2 September 2011
By Ngor Arol Garang
September 1, 2011 (JUBA) - The government of South Sudan on Thursday
swore in members of the country’s first cabinet since separation from North Sudan, on the day that South Sudan pounds officially became the legal (...)
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Monday 11 July 2011
July 10, 2011 (KHARTOUM) – The Central Bank of Sudan (CBoS) on Sunday announced a set of measures aimed at breaking off its control over the financial system of the South following its official independence yesterday.
The statement by (...)
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Tuesday 3 January 2012
January 2, 2012 (KHARTOUM) – The president of South Sudan Salva Kiir accused the Sudanese government of stealing his country’s oil in a new sign of escalation between the two ex-foes. President of South Sudan Salva Kiir (AFP)
In his (...)
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Thursday 2 June 2011
June 1, 2011 (JUBA) - The Peoples Republic of China - the world’s emerging second largest economy - has expressed its readiness to invest in South Sudan after its declaration of independence in July.
The announcement came in a meeting (...)
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Saturday 20 August 2011
August 19, 2011 (JUBA) – South Sudan officials say a currency exchange center was attacked in Warrap state, prompting the officials from the Central Bank of South Sudan (CBoSS) to evacuate the money held there to Wau in Western Bahr el (...)
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Sunday 23 October 2011
By Ngor Arol Garang
October 22, 2011 (JUBA) - South Sudan’s government has ordered an investigation into suspected black market foreign currency trading by employees at its Central Bank, as inflation and the price of basic goods (...)
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Thursday 16 June 2016
June 15, 2016 (JUBA) - South Sudan government has grudgingly admitted falling short of cash to pay civil servants and for essential services, raising fears that such an open admission may lead to uncertainty and insolvency. South (...)
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