
Business News
Kenya Commercial Bank to Open its Branches in the Ten Southern States
2008-06-24 15:36
Juba- The Kenya Commercial Bank, KCB, is planning to open its branches in all ten states of southern Sudan by the end of this year.
Addressing a KCB occasion in Juba on Saturday, the bank Chief Executive Officer, Martin Oduor said the move is aimed at supporting development in different parts of...
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Uganda's Building materials firm eyes investment in South Sudan market
2008-06-18 02:12
By Sylvia Juuko
UGANDA Clays Ltd (UCL) has announced plans to set up an outlet in Juba, South Sudan as the company positions itself for regional expansion.
“We sent a team of marketing people to Juba early this month led by the marketing manager who had gone to operationalise an outlet in Juba....
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Zain-Sudan telecom starts service in southern Sudan
2008-06-13 20:38
MALAKAL, Sudan - Zain Group, the parent global telecommunications company of Zain-Sudan, said Friday that they launched their new service and center here in the city in the state of Aali Al-Nile, amid a new strategy which will cover states and areas in all of southern Sudan.
The opening ceremony...
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Egypt firm to build $411 mln Sudan housing project
2008-06-12 17:06
CAIRO - Cairo-based Mena Touristic and Real Estate Investment <MENA.CA> will build a housing complex in the Sudanese capital Khartoum under a contract with a local property company, Mena said on Thursday.
The housing units, which include detached villas and apartment buildings, would have a...
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Nile Commercial Bank closes its branch in Nairobi without notice to customers
2008-06-11 12:22
(Nairobi, Kenya) — Sudanese living in Kenya have not been able to receive their money sent to them by relatives in southern Sudan through the Nile Commercial Bank because the bank has been closed to customers for the last 3 weeks.
Speaking to Sudan Radio Service, one of the customers, Rebecca...
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Petronas will delay Sudan oil refinery plan
2008-06-10 16:11
Kuala Lumpur- Malaysia's state oil company Petronas has deferred plans for a 100,000 barrel-per-day refinery to be built in Sudan because of rising costs, the company's CEO said on Monday.
Petronas, a major investor in Sudan where it has equity in the Nile Blend and Dar Blend oilfield developments,...
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GOSS Sounds Alarm Over Counterfeit and Substandard Goods
2008-06-09 20:32
(Juba) — The Ministry of Commerce, Trade and Supply in the Government of Southern Sudan has sounded alarm bells that some foreign importers are dumping expired and substandard goods into southern Sudan.
The Citizen newspaper quotes GOSS Acting Director of Grades and Standards Malual Kuir Ajak as...
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Africa regional integration key to more trade - WEF
2008-06-06 15:03
By Phumza Macanda
JOHANNESBURG (Reuters) - The slow pace of regional integration and poor infrastructure are hampering trade between countries in Africa, delegates at a World Economic Forum meeting said on Friday.
African countries do more trade with the rest of the world than with each other,...
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Juba-Nimule roads to get new funds for repair from USAID
2008-06-06 14:57
By Mikaili Sseppuya
Kampala- THE 192km Nimule-Juba Road in southern Sudan is going to be rehabilitated. The rehabilitation will be funded by the US Agency for International Development (USAID) through the Sudan Infrastructure Services Project, www.siteresources.worldbank.org website has said....
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Sudanese Businessman Killed in Lokichoggio
2008-05-31 09:42
(Nairobi) – At least two people were killed and one seriously wounded when armed men stormed into the Link Hotel in the Kenyan town of Lokichoggio last week on Sunday 25th.
The victims include Sudanese businessman Malual Maluak Alier and a Kenyan security guard.
Speaking to Sudan...