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Finance
Finance
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Monday 27 February 2012
February 27, 2012 (JUBA) – Top generals of the South Sudan army, the Sudan People’s Liberation Army (SPLA), have been asked by the South Sudan Anti-Corruption Commission (SSACC) to declare their income and assets, in the latest effort to (...)
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Thursday 7 February 2008
February 6, 2008 (JUBA) — Three Islamic banks in Sudan’s semi-autonomous south are liquidating assets ahead of a deadline to close at the end of February, a south Sudan government official said on Wednesday.
Under a 2005 peace deal to (...)
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Tuesday 10 August 2010
August 9, 2010 (WASHINGTON) — Rebuilding foreign exchange reserves is an "immediate priority" for Sudan in 2010 said the International Monetary Fund (IMF) in a report released last week that contained a detailed overview of the (...)
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Tuesday 7 February 2012
By Julius N. Uma
February 6, 2012 (JUBA) - A former minister for Finance and Economic Planning in the South Sudanese government has denied allegations linking him to embezzlement of public funds in the wake of the auditor general’s (...)
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Thursday 21 March 2013
March 20, 2013 (KHARTOUM) – The general manager of Sudan’s Export Development Bank (EDB), Mohammed Rashid Mohammed Salem, called for the swift signing of cooperation protocols between the central banks in Khartoum and Juba in the wake of (...)
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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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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. (...)
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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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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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Tuesday 18 November 2014
November 17, 2014 (JUBA) – South Sudan’s cabinet has approved a resolution mandating the ministry of finance to pay over one million South Sudanese pounds (SSP) to clear outstanding hotel charges for senior government officials.
Cabinet (...)
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