Category: Economy

Economy

Petroleum minister appeals to US to ease restrictions on companies

The minister of petroleum has appealed to the US to ease the restriction on companies dealing in South Sudan’s crude oil to allow them to procure equipment for their operations.

In April last year, US department of Commerce imposed licensing requirements on 15 South Sudan oil companies.

US said these entities had contributed to the five-year violence.

They include the Ministries of Mining and Petroleum and the state oil firm Nile Petroleum.

Others include Dar Petroleum Operating Company, oil distributor Nyakek and Sons, Greater Pioneer Operating Company, Juba Petrotech Technical Services, and Sudd Petroleum Operating Company.

The restriction means that all exports, re-exports, and transfers to these entities of any items originating in the United States, will require an export license.

In an exclusive interview with Al-jazeera TV, the Minister of Petroleum, Ezekiel Lol Gatkuoth, described the move as unfortunate.

He appealed to the US department of commerce to lift the restriction, saying it is affecting work of the oil sector.

“This is very unfortunate… [it] is not allowing us to do what we wanted to do.”

The relationship between South Sudan and the US dwindled recently during the Khartoum peace process.

The US and its Troika allies did not sign the revitalized peace agreement on pretext that the agreement was elite centered.

While, the government perception towards this has been that the US is seeking a regime change.

Mr. Lol said, despite the existing friction, South Sudan will continue be an ally to the US.

“By the way, we will continue to be friends to the US, just like we are friends to China and Russia,” he said.

Telecom network reopened in Maiwut after 5 years

The residents of Maiwut State are now able to make and receive phone calls for the first time in years after a telecom company extended its services to the state.

During the crisis of 2013 and 2016, some areas in the country were disconnected due to the series of fighting and attacks in those areas.

According to the state deputy governor, Zain network was opened in the state earlier this week.

The company was operating there until violence erupted in 2013.

“Therefore, we now thank God the mobile networks have been re-opened in Maiwut state,” Hassan Bali said.

The network now serves locations within a radius of 50 kilometers away from the state capital, Maiwut town, covering three places.

“We have three main areas in the state which are Mathiang, Logoshok and Golgok, and the state government will not stop in Maiwut, but will continue to re-open all the networks,” he said.

Suspended National Examination Council Secretary General wins court case

The suspended Secretary-General of the National Examination Council, Lul Ruei Dhol, has won the court case against his colleague who had accused him of jointly embezzling examination funds last year. Continue reading Suspended National Examination Council Secretary General wins court case

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