Monday December 11, 2017

Business

TOP NEWS on Business
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 »

South Sudan orders the shutdown of ...

South Sudan orders the shutdown of oil production amid a deepening row with...

JUBA – Speaking to the reporters on Friday in Juba, the Minister of Information Barnaba Marial Benjamin said, “The government has instructed the minister of petroleum and mining to proceed with arrangements for a complete shutdown of oil production.” “The council of ministers decided today... FULL STORY »

Also on Business

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... FULL STORY »

GOOGLE HAS FINALLY RECOGNIZED SOUTH SUDAN ON THE MAP

JUBA – After the Republic of South Sudan get its independent, the most powerful nation on earth U.S.A, British, Russia, China, etc., took them no time to recognize South Sudan as an... FULL STORY »

OIL HUNGRY CHINA IS LEADING U.S IN SOUTH SUDAN OIL BUSINESS

UN HEADQUARTERS –  The world leaders are gathering in New York for the Open Government Partnership. The Republic of South Sudan President, Salva Kiir Mayardit is among the honorable guests, and... FULL STORY »

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