17 May 2012

Business Articles

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Central Bank Urged To Speed Up Introduction Of Coins

05 September 2011 | Comments (0)
The Eastern Equatoria State Legislative Assembly (EESLA) Chief Whip, Hon. Tobiolo Alberio Oromo has criticized the absence of South Sudanese coins and appealed to the Central Bank of South Sudan to promptly introduce or circulate so that people are able to buy small commodities. Read more
Posted in: Home, Business

South Sudan Threatens To Cut Oil Supply

05 September 2011 | Comments (2)
South Sudan has accused Khartoum of trying to charge too much for use of the northern pipeline and said it might shut it down, signaling a further rise in tension as both sides argue over dividing oil revenues. Read more
Posted in: Home, Business, Foreign Relations

RSS To Seek Alternative Countries For Oil Refinery

05 September 2011 | Comments (0)
The Republic of South Sudan (RSS) might consider diverting her crude oil to other countries for refining if Sudan continues charging exorbitant fees. The Managing Director of Nile Petroleum (Nilepet) Mangok Kali Mangok has revealed. Read more
Posted in: Home, Business, Foreign Relations

South Sudanese Faced With Food Insecurity

03 September 2011 | Comments (0)
The food security situation in South Sudan has continued to worsen 53 days since attaining independence. Prices of staple food, fuel and other commodities in markets have skyrocketed across the country in the past few months. Read more
Posted in: Home, Business

Sudanese Pound Valueless In South Sudan

03 September 2011 | Comments (0)
The Sudan Pound (SDG) is no longer a legal tender in the Republic of South Sudan and is therefore valueless in the country, the Governor of the Bank of South Sudan Mr. Kornelio Koryom has announced. Read more
Posted in: Home, Business

2.1Billion S. Sudanese Pounds In Circulation

02 September 2011 | Comments (0)
South Sudan has now circulated a total of 2.1billion of its new currency, the South Sudan Pound (SSP) since it started the conversion exercise on 18 July 2011nearly two weeks after gaining independence. Read more
Posted in: Home, Business

EES Converts 62,234,355 Sudanese Pounds

01 September 2011 | Comments (0)
Eastern Equatoria State (EES) Currency Conversion Chairperson Hon. Charles Udwar Ukech announced last Tuesday that his team had successfully completed the conversion exercise, before the set deadline despite numerous challenges they faced.
Read more
Posted in: Home, Business

Currency Conversion In Western Equatoria State Was Peaceful

30 August 2011 | Comments (0)
The head of Banking Regulations, Policies and Licensing at the Central Bank of South Sudan Dr. John Yien Tut, who led the currency conversion teams in Western Equatoria State (WES) has revealed that currency conversion exercise in State was peaceful and orderly. Read more
Posted in: Home, Business

Town Clerk Bans Cattle Roaming In Rumbek

28 August 2011 | Comments (0)
Local Authorities in Rumbek Central County of Lake State have issued provisional orders prohibiting grazing of cows within Rumbek township, airing pornographic films in public cinema halls as well as noise pollution from bars inside Rumbek market. Read more
Posted in: Home, Business

Currency Exchange Kicks Off At Kimotong And Napak Centres Of EES

26 August 2011 | Comments (0)
Currency exchange exercise finally kicked off on Tuesday 23 August 2011 at the Kimotong and Napak centres in Budi County of Eastern Equatoria State (EES) after fears of insecurity in the area, residents confirmed to Gurtong yesterday. Read more
Posted in: Home, Business
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