News

Money Monday: 5 key stories

This is the seventh edition of ‘Money Monday’ featuring a round-up of financial journalism from or about the two Sudans: Interview: Sudan rules out devaluation despite black market gap (Reuters, 5 December) – Second Vice-President al-Haj Adam Youssef says the government will not devalue the pound, as it did in July when it nearly halved the official value. EAC: Bureaucratic delays, missed targets hurt integration (The East African, 8 December) –The decision by the five presidents of the East African Community to defer South Sudan’s bid to join “was informed by the need to investigate the country’s governance, democracy, and rule of law.” Sudan’s 2013 budget submitted to parliament containing increased fees to cover subsidies (Sudan Tribune, 5 December) – New revenues will be expected from higher airport exit fees and car licenses. Sudan shopping mall fights the odds post-secession (Reuters, 5 December) – The luxury Al-Waha shopping mall, majority-owned by Bank of Khartoum, has trouble filling retail space with an occupancy rate of just 35 percent. Yei civil servants demonstrate over unpaid arrears (Sudan Catholic Radio Network, 6 December) – The county government owes employees four months’ salaries. Previous edition: 3 December 2012

December 10, 2012 SUDAN/SOUTH SUDAN

This is the seventh edition of ‘Money Monday’ featuring a round-up of financial journalism from or about the two Sudans:

Interview: Sudan rules out devaluation despite black market gap (Reuters, 5 December) – Second Vice-President al-Haj Adam Youssef says the government will not devalue the pound, as it did in July when it nearly halved the official value.

EAC: Bureaucratic delays, missed targets hurt integration (The East African, 8 December) –The decision by the five presidents of the East African Community to defer South Sudan’s bid to join “was informed by the need to investigate the country’s governance, democracy, and rule of law.”

Sudan’s 2013 budget submitted to parliament containing increased fees to cover subsidies (Sudan Tribune, 5 December) – New revenues will be expected from higher airport exit fees and car licenses.

Sudan shopping mall fights the odds post-secession (Reuters, 5 December) – The luxury Al-Waha shopping mall, majority-owned by Bank of Khartoum, has trouble filling retail space with an occupancy rate of just 35 percent.

Yei civil servants demonstrate over unpaid arrears (Sudan Catholic Radio Network, 6 December) – The county government owes employees four months’ salaries.

Previous edition: 3 December 2012