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Money Monday: 5 key stories

This is the fourth edition of ‘Money Monday’ featuring a round-up of all the best, most intrepid financial journalism from or about the two Sudans: CfC says South Sudan branch to break even early (The Standard, 19 November 2012) – CfC Stanbic’s managing director sees South Sudan’s currency woes as only temporary and plans to open three to four more branches next year. S.Sudan inflation rate halves in October as food prices tumble  (Reuters, 17 November 2012) – Cross-border trade and a deal between the central bank and Qatar’s National Bank help mend the struggling currency. Sudan inflation rises to 45 percent in Oct (Reuters, 8 November 2012) – North Sudan’s October rate is higher than predicted by the International Monetary Fund, which doesn’t expect significant easing until 2013. Dollar shortage stalls Kenya’s trade with Southern Sudan (Business Daily Africa, 18 November 2012) – Kenya’s central bank governor visits South Sudan after currency woes force Jetlink airline to close its route between Juba and Nairobi. Oil flows again between Sudan, South Sudan (Radio Tamazuj, 16 November 2012) – Drilling and pipeline equipment is back up and running at Unity field, though a national launch celebration is yet to be held.

November 19, 2012 SUDAN/SOUTH SUDAN

This is the fourth edition of ‘Money Monday’ featuring a round-up of all the best, most intrepid financial journalism from or about the two Sudans:

CfC says South Sudan branch to break even early (The Standard, 19 November 2012) – CfC Stanbic’s managing director sees South Sudan’s currency woes as only temporary and plans to open three to four more branches next year.

S.Sudan inflation rate halves in October as food prices tumble  (Reuters, 17 November 2012) – Cross-border trade and a deal between the central bank and Qatar’s National Bank help mend the struggling currency.

Sudan inflation rises to 45 percent in Oct (Reuters, 8 November 2012) – North Sudan’s October rate is higher than predicted by the International Monetary Fund, which doesn’t expect significant easing until 2013.

Dollar shortage stalls Kenya’s trade with Southern Sudan (Business Daily Africa, 18 November 2012) – Kenya’s central bank governor visits South Sudan after currency woes force Jetlink airline to close its route between Juba and Nairobi.

Oil flows again between Sudan, South Sudan (Radio Tamazuj, 16 November 2012) – Drilling and pipeline equipment is back up and running at Unity field, though a national launch celebration is yet to be held.