October 23, 2024
Business
Business

Pacific Petroleum Provides Environment Friendly Cooking Gas In South Sudan

By Okech Francis Pacific Petroleum Limited is campaigning against environment pollution through the provision of quality cooking gas to the people of South Sudan. The pocket friendly cooking gas comes in packages of 6 and 13 kilograms for households and 25 and 50 kilograms for commercial purposes, including use in hotels and other organizations, Kur […]

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Business

World Bank Warns Of Dire Economic Outlook For South Sudan

By Awan Achiek South Sudan’s economy will continue to suffer shocks heading in 2022 amid high levels of poverty and food insecurity at household levels, warned the World Bank in it’s latest economic analysis report. It reveals that food insecurity is expected to worsen going forward due to rise this year in the number of […]

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Business

South Sudan Proposes New Fiscal Year Budget Of $1.7Bn

By Staff Writer South Sudan has proposed a $1.7 billion budget for the 2021/2022 fiscal year. The Minister of Finance and Planning Athian Diing Athian presented an equivalent in the local currency of 551 billion South Sudanese pounds (SSP) before the Council of Ministers on Friday. “The finance minister presented the memo on the fiscal […]

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Business

EU Invests In Job Creation In South Sudan

By Denis Ejulu The European Union has invested €4.8 million (USD 5.7m) to create jobs and develop trade in the fruit and vegetable subsector in South Sudan, with a special focus on youth and women. These funds under the South Sudan Jobs Creation and Trade Development Project launched by the EU, government of South Sudan […]

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Business

South Sudan Starts Processing Work Permits Online

By Simon Deng South Sudan is urging foreigners to apply for work permit online. James Hoth Mai, the African Nation’s Minister for Labor and Industrial Relations said that the online application for work permit is part of the government’s efforts to implement e-government services.  “The Ministry of Labor is pleased to inform the public that […]

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Business

South Sudan Farmers Slam Banks Over Loan

By Simon Deng Several South Sudanese farmers are facing stringent hurdles to access cheap credit from commercial banks to boost their farming activities. Isaac Woja, Chairperson for Seeds Trade Association in South Sudan revealed that they are facing difficulty in accessing credit from banks.  “We have issues of (credit) finance in South Sudan the banks […]

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Business

South Sudan Remains Attractive To Investors Despite Crisis: Stanbic Bank

By Staff Writer Years of crisis have not quenched the thirst for development in South Sudan, one of Africa’s rich countries in minerals, Lorna Mwangi, the head of corporate banking at Stanbic Bank Ltd in the country, said. The banking sector is among those most affected when crisis broke out in 2013 and dragged on […]

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Business

South Sudan Crude Output Declines to 154,000bpd

By Okech Francis Crude oil production in South Sudan has dropped to 154,000bpd from about 190,000 bpd at the end of 2019, as oil producing blocks reach their peak, the Undersecretary in the Ministry of Petroleum, Awow Daniel Chuang, said. “We all know that block 3 and 7 and block 1, 2 and 4 have […]

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Business

China Helps South Sudan Develop Small and Medium Businesses

By Denis Elamu The Chinese government on Tuesday held dialogue with South Sudanese officials aimed to promote growth of Small and Medium Enterprises (SMEs) and trade in the youngest nation seeking recovery from more than six years of conflict. Hua Ning, the Chinese Ambassador to South Sudan said that developing South Sudan’s economy to provide […]

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Business

South Sudan Says Its Stable Enough For Investment

By Staff Writer South Sudan is stable enough to welcome investments after six years of crisis sent most foreign investors out of the country, the Minister of Presidential Affairs, Dr Barnaba Marial Benjamin said. Speaking at the opening of the South Sudan Oil and Power Conference in Juba on Tuesday, Benjamin urged domestic and foreign […]

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