Monday November 20, 2017

Tag Archives Business

EU provides $12.9 mn for South Suda...

EU provides $12.9 mn for South Sudan aid

JUBA – The European Commission (EC) said it has provided $12.9 million to help save the lives of conflict-affected people in South Sudan. The money, which was channeled through the UN World Food Programme (WFP), is in addition to the $32 million contribution that was already confirmed for... FULL STORY »

Equity Bank sees a bleak future for...

Equity Bank sees a bleak future for the South Sudan market

MUTHOKI MUMO* – Equity Bank EQTY • 38.00 ▲ 0.66% has declared its South Sudanese business “dormant”, casting doubts on the future of the Sh11 billion operation that at its peak only four years ago contributed Sh1.1 billion to the company’s pre-tax profit. South Sudan has been hit by... FULL STORY »

MTN switches on $76m expansion proj...

MTN switches on $76m expansion project

LOBONOK, South Sudan – The MTN Base Transmission Station switched on by Vice President Wani Igga on Saturday, is one of 161 new sites ready to go on air, followed by modernization of 147 existing bases – a process the company said will make it the largest network during this... FULL STORY »

President Kiir approves 1000 tracto...

President Kiir approves 1000 tractors for farmers

JUBA – President of the Republic of South Sudan Salva Kiir Mayardit said his government is injecting one thousand tractors to the farmers across the ten States in this agricultural season, to boost food security in the Country.   The president made this announcement on Wednesday during the... FULL STORY »

Kiir administration is pushing the construction of an alternate oil pipeline

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... FULL STORY »

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... FULL STORY »

Stop intimidation, don’t block oil shipments, Minister hit back at Khartoum Governme...

JUBA – The South Sudan’s Minister for Petroleum and Mining, Hon. Stephen Dhieu Dau today lashed out at the government in Khartoum in what he called as the NCP’s... FULL STORY »

Chinese government donates 121 million South Sudanese pound to Government projects

JUBA – The Chinese Government made a pledge of 121 million South Sudanese pound (approx. 32 million US dollars) today to support various governmental projects around the country.... 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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