(SEOUL) – South Sudan has held discussions with South Korea on potential cooperation to develop the Fula Dam and other water infrastructure projects. Senior Presidential Envoy on Special Programs Adut Kiir met with the president of the Korea Water Resources Corporation (K-water) in Seoul on 13th October. The talks coveredContinue Reading
(BANGKOK, THAILAND) – South Sudan has held talks with the Saudi Fund for Development to explore investment opportunities in the country. The meeting took place on the sidelines of the World Bank Group and International Monetary Fund Annual Meetings in Bangkok, Thailand. South Sudan’s Minister of Finance and Planning, Hon.Continue Reading
(NAIROBI) – International investors can now buy Kenyan government securities directly through a new link established by the Central Bank of Kenya. The CBK has partnered with Clearstream, the post trade services arm of Deutsche Börse Group, to open a direct connection to the local bond market. The link allowsContinue Reading
(Nairobi, Kenya) – Family Bank founder Titus Muya and his associates recorded a gain of Sh4.74 billion ($36.7 million) on their holdings in the lender after its share price jumped by 44 percent on its first day of trading at the Nairobi Securities Exchange on Tuesday. The bank listed 1.662Continue Reading
(Nairobi, Kenya) – The High Court has temporarily halted the Sh340 billion sale of British multinational Diageo’s entire 65 percent stake in East African Breweries Limited and its holding in spirits maker UDV Kenya to Japanese beverage firm Asahi Group Holdings. At current exchange rates, the transaction is valued atContinue Reading
(NAIROBI) – CIC Insurance Group Plc, a regional insurer with operations in South Sudan, Kenya and Uganda, has attracted fresh investor attention after its shares remained close to recent highs on the Nairobi Securities Exchange (NSE), reflecting growing interest in East African financial stocks. The Nairobi listed insurer closed tradingContinue Reading
(JUBA CITY) – A growing private healthcare clinic in Gurei, on the outskirts of Juba, is highlighting both the pressure on South Sudan’s urban health systems and the emerging role of small enterprises in filling critical service gaps. The clinic was founded by Victoria, a trained medical professional who left employmentContinue Reading
(DAR ES SALAAM) – Singapore has opened negotiations for a free trade agreement with the East African Community, a regional bloc that includes South Sudan, in a move aimed at expanding trade flows between Asia and one of Africa’s fastest growing regional markets. The proposed agreement would be Singapore’s firstContinue Reading
(JUBA) – A London High Court ruling has temporarily blocked South Sudan from entering new oil prepayment agreements until outstanding debts owed to commodity trading company BB Energy are settled, increasing pressure on the country’s already strained public finances. The court ruling, issued on Friday, prevents South Sudan from acceptingContinue Reading
(JUBA) – The Governor of Central Equatoria State, Emmanuel Adil Anthony, on Friday visited the headquarters of the Bank of South Sudan in Juba for discussions on insurance sector regulation and financial sector reforms. Governor Adil held talks with the Governor of the Bank of South Sudan, Hon. Johnny OhisaContinue Reading
