· The loan, concluded in recent weeks, is worth 400m, two sources close to the market told African structure of the deal is similar to an existing crude presales agreement between the government and Afreximbank. Crude cargoes will be bought by local/Indian joint venture Trinity Energy and lifted by Glencore. Want to read more?
· AFP The Rapid Support Forces (RSF) have been accused of widespread abuses in Sudan, including the 3 June massacre in which more than 120 people were reportedly killed, with many of the dead dumped...
· September 5, 2013, 10:33 AM By Andrew Green JUBA (Reuters) South Sudan made almost 1 billion from oil sales since resuming production in April, of which it had to pass on a quarter to arch foe...
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· Overview On 25 September 2019, a landmark Host Country Agreement was signed by UN High Commissioner for Human Rights and the Government of Sudan, paving the way for the establishment of a fully mandated UN Human Rights' office in Sudan including four field offices in Darfur, Blue Nile, South Kordofan, and East Sudan.
· The Associated Press JUBA, South Sudan Many of South Sudan's civil servants have not been paid for months as the government has run out of funds, with income from oil exports alloed to servicing loans until 2027, the finance minister and affected workers said.
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· South Sudan produces billion barrels of oil annually. Monthly oil earnings of roughly 57 million cover just a fraction of the government's monthly expenditure of 200 million, according to official figures. Achuil, the finance minister, gave no details about government debt when he spoke last week.
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While the South Sudan government has scrapped off the requirement for a minimum share capital for locals incorporated a local limited liability company, foreigners are required to invest a minimum of US100,000 as per the Investment Promotion Act of 2009. Foreigners are also forbidden to do business in transportation and foreign exchange.
· South Sudan: US bans arms sales and urges others to follow 2 February 2018 AFP South Sudanese are fed up with war including 10yearold Sandy, who marched for an end to the conflict last December...
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· Millions at risk in South Sudan as Ukraine war forces slashing of aid Drastic cuts to World Food Programme assistance will leave people 'looking death in the face' unless global donors offer...
· (CBC News) The records, leaked to CBC, raise serious questions about who Streit was dealing with in South Sudan between 2012 and 2014. The sale was approved in three separate batches — in January,...
· The Geological Research Authority of Sudan (GRAS) estimated that every week between 50 and 100 kilograms of extracted gold are sent to Khartoum for black market sale and export. 75 per cent of gold gets smuggled. And smuggling is being enabled by the inconsistency of policies regulating the sector, monetary policies, corruption and militia control of the gold .