Sunday February 26, 2017

Business

TOP NEWS on Business
Kiir administration is pushing the ...

Kiir administration is pushing the construction of an alternate oil pipelin...

By Adrienne Klasa, FP   UNT – South Sudan shut down oil production in January 2012 as part of its dispute with Sudan, its parent country, over pipeline transit fees.   The negotiations between the two Sudans about the oil dispute suffer; South Sudan is pushing the construction of an... FULL STORY »

Foreign Banks in South Sudan and th...

Foreign Banks in South Sudan and the Act of Exploitation of South Sudanese

JUBA –  South Sudan is refers to as virgin land to conquer by foreign investors. Foreign banks in South Sudan have dominated the banking industry. The leading foreign banks in South Sudan include Kenya Commercial bank (KCB), Equity Bank and many other Somalis’ Banks like... FULL STORY »

CFC Stanbic Bank to open branch in ...

CFC Stanbic Bank to open branch in South Sudan

NAIROBI –  The CFC Stanbic bank of Kenya has expressed an ambitious plan to open a branch in South Sudan in a bid to tap the East Africa’s virgin market. The bank said it will open a branch in the second half of the year after consulting with the Juba government on the modalities of their... FULL STORY »

South Sudan is suing Sudan for R...

South Sudan is suing Sudan for “looting” its oil

KHARTOUM — South Sudan is suing Sudan for “looting” its oil and will no longer export crude through its northern neighbor’s territory, a Sudanese daily reported Sunday, citing officials, in the latest spat between the two governments over the coveted resource in the newly... FULL STORY »

Also on Business

South Sudan Oil Output reaches a new record low

BENTIU – The South Sudan oil output has since July reached a mind boggling 25 per cent low in production in major oil fields compared to months earlier before the independence, a report... FULL STORY »

BOSS moves to eliminate the Black Market

JUBA – Bank of Southern Sudan (BOSS) has adapted a strategy plan by raising the value of its currency exchange. The move came, as the Central Bank currently witness the different... FULL STORY »

National Bureau of Statistics put inflation at 61.5%

JUBA – The South Sudan’s national bureau of statistics (NBS), formerly known as the Southern Sudan Centre for Census, Statistics and Evaluation (SSCCSE) has put the inflation... FULL STORY »

Bank of South Sudan doubles Foreign Exchange

JUBA –  Skyrocketing market prices have led Bank of South Sudan (BOSS) governor Mr. Kornelio Koriom Mayiik to double the foreign exchange allocation. The allocation is from 100,000,000... FULL STORY »

Oil exports top $2.14 billion dollar mark

MALAKAL – In the highest sales since the independence in July this year, the revenues generated from the exports of oil in the Republic of South Sudan reached an incredibly $2.14 billion (SSP... FULL STORY »

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