Sudan: 5 key finance stories
A weekly round-up of financial journalism from or about the two Sudans:
Sudan pound hits record low (Reuters, 25 December) - Black market rates for the Sudanese pound hit a record low. This is is attributed to the struggle of importers to get hard currency and the government's pressure to raise state salaries.
Bank of Sudan denies freezing accounts of ex-NISS chief (Sudan Tribune, 28 December) - The Bank of Sudan denied it has frozen the accounts of Saleh Gosh, the former chief of the National Intelligence Security Services (NISS). He was arrested last November over a coup attempt in Khartoum.
South Darfur employees protest against salary cuts (Radio Dabanga, 28 December) - Public sector employees protested after Governor Hammad Ismail decided to cut one day's salary 'in support of the war effort.'
South Sudan's annual inflation drops to 41% (Sudan Tribune, 23 December) - After surging to nearly 80% in May this year, annual inflation stood at just 41% for November in South Sudan. The Consumer Price Index (CPI) increased by 19% due to higher food prices.
Officials in Warawar hike taxes on foreigners (Radio Tamazuj, 26 December) - Authorities in Warawar, Northern Bahr el Ghazal, have issued an order to increase taxes on foreign traders purchasing products from local farmers and later selling them for higher prices.