Business News

India's MRPL offers euro payment for Nile Blend

2009-03-30 08:41
NEW DELHI - Indian state-run Mangalore Refinery and Petrochemicals Ltd has offered to pay in euros for spot purchase of Sudanese Nile Blend crude and traders said most sellers preferred the currency as Sudan faced U.S. sanctions. "We have given this additional option to increase competition. It is...

British Council to Host Mombasa's 'Strategic Leaders' Conference

2009-03-20 12:39
Transforming organisations into being productive,more globally competitive and socially responsible: MOMBASA - Mombasa is bringing together leaders from Kenya , Nigeria , Botswana , Tanzania , Sudan , Ethiopia , Ghana , Cameroon , Malawi , Namibia , Senegal , and the UK , from March 24 - 27,...

South Africa calls on African states to increase trade and cooperation with South Sudan

2009-03-02 16:47
Tshwane, South Africa - Deputy Foreign Affairs Minister Sue van der Merwe has urged African countries to increase trade and investment with southern Sudan, to help the country tackle the challenges of post-conflict reconstruction. Speaking at a trade and investment seminar in Johannesburg on...

Zain Telecom Sudan opens new office in South Sudan making it third office in the region

2009-02-25 17:42
KHARTOUM - Zain Telecom Sudan has expanded operations in Sudan by opening a new regional office in the semi-autonomous region of South Sudan on Wednesday. The new office, located in Wau city, Bahr El-Ghazal province, is the third in the region after Juba and Malakal offices, director of regional...

New airline company SKYJET starts operations in South Sudan

2009-02-10 23:51
Kampala, Uganda - SKYJET, a new airline company, has launched fights on the Entebbe - Juba route. A return air ticket will cost $390 (about sh764,400) inclusive of taxes. The service is expected to easy transport and promote business between Uganda and South Sudan. A white bull was on Sunday...

Russian automaker GAZ to open new plant to assemble trucks in Sudan

2009-01-28 00:38
NIZHNY NOVGOROD -  Urals-based truck manufacturer Ural, part of Russia's second largest automaker GAZ Group, plans to organize the assembly of 2,000 trucks in 2010 in Sudan, the GAZ Group press office said Tuesday. The first batch of 50 vehicle sets will be shipped to the northeastern African...

Commercial Bank of Ethiopia (CBE) to Open in South Sudan

2009-01-20 12:56
ADDIS ABABA, ETHIOPIA  - The Public Financial Enterprises Supervisory Agency (PFESA) approved 15 million dollars the state owned Commercial Bank of Ethiopia (CBE) has requested to open a branch in Juba, South Sudan. The Agency has given the green light for CBE's request last Monday, January...

New GSM Network Launched in Southern Sudan

2009-01-13 20:10
 LONDON/JUBA - ­Vivacell has announced that it launched a commercial GSM 900/1800 network in Southern Sudan on the 22nd of Dec 2008. Vivacell is one of four GSM operators licensed to operate in Southern Sudan but is the first to be headquartered in Southern Sudan. At launch, four states...

Kenyan and East African Investors flocking to S.SUDAN

2009-01-12 13:42
NAIROBI, KENYA - Kenyan investors have started moving to Sudan in large number following the signing of the historic Comprehensive Peace Accord (CPA) between Northern and Southern Sudan in 2005. According to a number of Kenyans who have put up investments in Sudan the business climate is healthy....

SABMiller Africa opens new beverage plant in Sudan

2008-12-12 13:06
JUBA - SABMiller Plc, the world’s third- largest brewer, plans to build the first ever brewery in southern Sudan, a region which spent more than two decades fighting for independence from the mainly Muslim north. The $37 million brewery, in the region’s capital of Juba, will start brewing...