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Category: Business




 


 

Home Archive by Category "Business"

Egypt to hold industrial products exhibition in Juba next year

December 27, 2020Business, News, South Sudan, WorldNo Commentssouthsudannews

Juba, December 27, 2020 (SSNA) — Egypt is set to hold an exhibition of Egyptian products from January 20-27, 2021 in Juba, the South Sudan News Agency (SSNA) has learned. Egypt’s Chemical Industries Export Council Chairman, Khaled Abul Makarem, disclosed on Sunday that Egypt is ready to promote its industrial products in South Sudan. The…

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South Sudan lacks adequate port as Africa become fast-growing grain import market

February 16, 2019Business, News, South SudanNo Commentssouthsudannews

Juba, February 16, 2019 (SSNA) — Africa is rapidly becoming one of the world fast-growing grain importer as some land-locked African nation face difficulties in terms of deliveries. A report, published in the world-grain website points out that South Sudan is one of the countries in the East Africa region, lacking port services. The report…

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South Sudan’s Unity oil fields resume production

January 7, 2019Business, News, South Sudan, Top StoriesNo Commentssouthsudannews

Juba, January 7, 2018 (SSNA) — All 16 oil wells in Unity have restarted producing oil five years after the civil broke out, the New York-based Bloomberg news agency reported. Juba wants to generate money from oil to fund a transition government proposed in September 2018 Khartoum’s peace agreement. South Sudan is currently producing 155,000…

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Exclusive: Central bank, Lukiza Ltd sign mobile money transfer deal

December 21, 2018Business, News, South Sudan, Top Stories1 commentsouthsudannews

Nairobi/Juba, December 21, 2018 (SSNA) — The Bank of South Sudan and a Kenya-based Lukiza Ltd have signed a deal which will allow the young nation to have its first mobile money transfer service, a senior central bank official who agreed to talk on condition of anonymity told the South Sudan News Agency (SSNA) on…

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Juba secures $2 billion in oil investments, vows more firms will join

December 18, 2018Business, News, South SudanNo Commentssouthsudannews

Juba, December 18, 2018 (SSNA) — South Sudan’s petroleum minister, Ezekiel Lol Gatkuoth, said his government has so far secured more $2 billion dollars from Malaysia, South Africa, Nigeria, and local oil firm based in Juba. Ezekiel revealed that many oil firms pledged more money with a South African state-run oil firm pledging $1 billion,…

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Djibouti to provide port services to South Sudan

December 6, 2018Business, News, South Sudan, WorldNo Commentssouthsudannews

Juba, December 6, 2018 (SSNA) — Djibouti has announced that it will resume port services to South Sudan after a peace deal was agreed between parties to the conflict, Djibouti’s Duraleh Multipurpose Port’s (DMP) Chief Executive, Wahib Daher Aden, told the media. The announcement comes nearly three months after South Sudanese warring factions signed an…

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South Sudan’s government accused of using oil money to fund civil war

March 5, 2018Breaking News, Business, News, South SudanNo Commentssouthsudannews

Washington, DC/Juba, March 5, 2018 (SSNA) — A global financial investigative group has accused South Sudanese government of using state oil money to fund the ongoing war, saying Juba’s regime has been offering financial support to a Dinka militia responsible for serious crimes and attacks in northern Upper Nile. In a new report released by…

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South Sudan’s Ministry of Petroleum launches open tender for petroleum audit

June 16, 2017Business, News, South Sudan, Top Stories2 commentssouthsudannews

Juba, June 16, 2017 (SSNA) — South Sudan’s government will commission an audit of national oil production and petroleum industry activities, the Ministry of Petroleum announced today. The Ministry invites companies to bid on a public tender to perform the audit and produce a 2017 audit report on the industry. Objectives of the audit include…

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South Sudan hikes registration and licensing fees for aid agencies

May 3, 2017Business, News, South Sudan, Top Stories4 commentssouthsudannews

Juba, May 3, 2017 (SSNA) — The government of South Sudan has increased registration fees for international aid organizations seeking to operate in South Sudan, a document obtained by the Reuters has shown. The decision to increase registration and licensing fees comes as the young nation struggles to pay government and civil service personnel. The…

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South Sudan tops list of most corrupt countries

January 25, 2017Business, News, South Sudan, Top Stories35 commentssouthsudannews

Juba, January 25, 2017 (SSNA) – The Republic of South Sudan has been named in a Transparency International’s annual report as one of the world’s most corrupt nations. The report ranked Somalia most corrupt, followed by South Sudan, North Korea, and Syria. Transparency International says its rankings is done based a mix of government and business sources. South…

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