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Finance
Finance
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Sunday 24 November 2013
November 22, 2013 (JUBA) - South Sudan’s ministry of finance has declined to explain how it allegedly borrowed $4.5bn from financial lending institutions and foreign governments following last year’s abrupt oil shutdown after a dispute (...)
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Wednesday 1 June 2011
May 31, 2011 (JUBA) - The government of the semi autonomous region of South Sudan on Tuesday said it is adopting electronic public finance management to seal graft avenues.
Speaking to reporters at the premises of the ministry of (...)
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Thursday 8 July 2021
July 7, 2021 (KHARTOUM) - Sudan loses about US$5.4 billion in illicit financial flows (IFFs) every year, according to a report prepared by a team of African and United Nations Economic Commission for Africa on Wednesday.
"Combating (...)
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Friday 2 July 2021
July 1, 2021 (KAMPALA) – South Sudan is among the four countries placed on a "grey list" of nations under increased monitoring to counter money laundering and terrorist financing last month. A man from South Sudan displays new (...)
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Thursday 2 October 2008
October 1, 2008 (JUBA) — The Kenyan Equity Bank, One of the world’s first cellphone-to-cellphone cash-transfer systems, intends to expand its activities to southern Sudan by the end of the year
The system, called M-PESA, allows (...)
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Monday 7 March 2011
March 6, 2011 (KHARTOUM) – The Central Bank of Sudan announced today that its governor Sabir Mohamed Al-Hassan will step down immediately, ending weeks of speculations on his future with the highest financial authority in the country. (...)
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Friday 2 December 2011
By Julius N. Uma
December 1, 2011 (JUBA) - South Sudan warned all foreign oil companies, the oil consortia and pipeline operators in the country not to cooperate with Sudan on crude oil-related matters, unless authorized.
The (...)
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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 (...)
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Sunday 1 March 2015
February 28, 2015 (JUBA) – The South Sudanese government said it is seeking a loan of up to $5 million from international and local financial institutions to enable it to implement a number of undisclosed projects. South Sudan (...)
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Wednesday 16 May 2012
May 15, 2012 (WASHINGTON) – The announcement made by South Sudan last month of an $8 billion loan from China appears to have been overblown, according to officials in Juba as well as diplomats. South Sudan President Salva Kiir (...)
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