Continue reading Kenya: Ruto signs controversial Finance Bill 2023 into law
Category: Economy
Economy
Is Mugoya leaving NRA at its best?
Dr. Patrick Kennedy Mugoya, the former Commissioner-General of the National Revenue Authority who was sacked on Friday by President Salva Kiir, exits the institution with a record non-oil revenue collection and tax reforms. Continue reading Is Mugoya leaving NRA at its best?
Ethiopia to start fourth filling of grand dam
Ethiopia is set to launch the fourth filling of its mega-dam that is built on the Blue Nile, the country’s deputy Prime Minister announced. Continue reading Ethiopia to start fourth filling of grand dam
S. Sudan oil output declines as some oil wells run dry – Tong
The Minister of Finance and Planning has disclosed that the projected oil production for this fiscal year has dropped from 150,000 to 132,362 barrels per day due to the depletion of some oil wells. Continue reading S. Sudan oil output declines as some oil wells run dry – Tong
Lawmaker criticizes oil-reliant 2023-2024 budget
A member of parliament has criticized the Minister of Finance and Planning for presenting what he termed as an “envelope budget” adding that it was designed to constrain the inputs of lawmakers in the budgeting process. Continue reading Lawmaker criticizes oil-reliant 2023-2024 budget
“RSF will not disrupt flow of South Sudan oil,” envoy assures
The Special Envoy of the Sudanese paramilitary Rapid Support Force said Tuesday the group will not tamper with the flow of South Sudan’s oil through its controlled territories at all costs, saying it is for the benefit of South Sudanese. Continue reading “RSF will not disrupt flow of South Sudan oil,” envoy assures
South Sudan loses huge revenue due to imports reliance – Onyoti
A senior government official on Tuesday decried South Sudan’s imports dependence, saying the country still brings in livestock and fish products from the region despite being gifted with abundance resources including millions of cattle and large fishery. Continue reading South Sudan loses huge revenue due to imports reliance – Onyoti
Finance minister tables SSP.2 trillion budget in parliament
The Minister of Finance and Planning on Tuesday tabled a proposed budget of more than 2 trillion South Sudanese pounds for fiscal year 2023/2024, at the national legislature. Continue reading Finance minister tables SSP.2 trillion budget in parliament
Turkish AMB urges investors, govt to empower South Sudanese
Turkey’s Ambassador to South Sudan encourages international investors and the government to empower South Sudanese to create jobs and generate income for themselves. Continue reading Turkish AMB urges investors, govt to empower South Sudanese
Petroleum ministry buys plane to scan underground resources
The Ministry of Petroleum has announced the purchase of a geophysics airplane to conduct aerial surveys of the country’s mineral resources. Continue reading Petroleum ministry buys plane to scan underground resources