(Juba) – A recent directive from the Office of the President has sparked public criticism and calls for financial accountability in South Sudan. The Executive Director in the Office of the President, Hon. Dominic Juk Chom, issued an urgent instruction to the Managing Director of the Nile Petroleum Corporation (NilePet),Continue Reading
(Juba) – High level discussions between Sudan and South Sudan on the future of oil transit and processing arrangements have ended without a formal agreement, exposing deep seated logistical and financial challenges affecting South Sudan’s oil dependent economy. The meetings held in Port Sudan focused on revising the current feeContinue Reading
(Juba) – Sudan and South Sudan remain at odds over a proposed revision to oil transit fees, as talks between the two nations ended without agreement, according to sources quoted by Radio Tamazuj. The fees in question relate to payments South Sudan makes to Sudan to export its oil viaContinue Reading
(Juba) – South Sudan is expected to be one of the leading contributors to East Africa’s fast economic growth in 2025, according to a new report from the African Development Bank Group (AfDB). The country’s gross domestic product (GDP) is forecasted to increase by 4.0 percent, marking a notable recoveryContinue Reading
