South Sudan has reportedly lost more than $4 billion to oil companies since the country gained independence in 2011, the government’s economic cluster has disclosed. Continue reading S.Sudan lose over $4billion in 10 years to oil companies
Category: Economy
Economy
S.Sudan launches oil licensing roundup; 5 blocks up for exploration
The government has announced that up to 20,000 kilometer square of potential oil blocks in South Sudan is up for exploration. Continue reading S.Sudan launches oil licensing roundup; 5 blocks up for exploration
Unity state’s Tharjiath oilfield reopens after 7 year shutdown
Oil production resumed in Unity state’s Tharjiath oilfield on Monday after nearly 8 years of shutdown following the outbreak of civil war in the country 2013. Continue reading Unity state’s Tharjiath oilfield reopens after 7 year shutdown
DPOC employees call off their short-lived industrial strike
The staff of the Dar Petroleum Operating Company have returned to work without resolving the issues that made them go on strike. Continue reading DPOC employees call off their short-lived industrial strike
Motorists to witness continuous sluggish traffic on Juba Bridge
Traffic flow on Juba Bridge will continue to experience interruptions as maintenance work commences, an engineer has announced. Continue reading Motorists to witness continuous sluggish traffic on Juba Bridge
Economist reminds SPLM leaders of John Garang’s vision
An economist has blamed the ruling party, SPLM, and current leaders for ignoring and deviating from the vision of late Dr. John Garang of Continue reading Economist reminds SPLM leaders of John Garang’s vision
DPOC national staff vow to not end the industrial action
The national staff of Dar Petroleum Operating Company say they will continue with their industrial action unless their demands for arrears Continue reading DPOC national staff vow to not end the industrial action
World Bank allocates $116 million for poverty-reduction projects in S.Sudan
The World Bank has allocated $116 million to address acute food insecurity and desert locust crisis in South Sudan. Continue reading World Bank allocates $116 million for poverty-reduction projects in S.Sudan
Gov’t to repay loans with crude oil
South Sudan has committed to repaying its loans received from the African Export-Import Bank through crude oil. Continue reading Gov’t to repay loans with crude oil
More than 5,000 students admitted into universities
The Ministry of Higher Education, Science and Technology has announced the admission of 5,302 students into public and private universities across the country this year. Continue reading More than 5,000 students admitted into universities