In a report this month, the World Bank predicts Zimbabwe’s economy will grow 3.9% this year even as the country sees an alarming rise in poverty levels, especially in urban areas. The report says a record 7.9 million Zimbabweans are …
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Labour costs grow 1.5% in euro area on annual basis, drop 1.7% in Cyprus
In the first quarter of 2021, the hourly labour costs rose by 1.5% in the euro area and by 1.7% in the EU, compared with the same quarter of the previous year. In the fourth quarter of 2020, hourly labour …
Continue readingWorld Bank Pauses Mali Payments After Coup as Leader Warns Against Sanctions
The World Bank said on Friday it had temporarily paused payments to operations in Mali following a military coup, while the man expected to become the new prime minister warned sanctions would only complicate the country's crisis.
The World Bank's …
Continue readingSudan to reform its Defence Industries System
Sudan’s Minister of Finance and Economic Planning, Jibril Ibrahim called on the Defence Industries System to be transparent about its properties to Sudanese people, for example by explaining that the civil side of the industry will pay taxes and engage …
Continue readingN. Bahr-el-Ghazal motorists decry high fuel prices
Motorists in Northern Bahr-el-Ghazal State on Sunday issued a joint statement in which they called upon fuel stations to lower the sky-rocketing prices.
A liter of petrol or diesel now costs 600 South Sudanese Pound (SSP) yet it sold at …
Continue readingImplement reforms to increase non-oil revenues: Kiir
South Sudan’s President Salva Kiir has urged the country’s National Revenue Authority to continue implementing the reforms and measures needed to increase non-oil revenues.
He made the remarks while meeting the Commissioner-General of the revenue body, Patrick Mugoya at his …
Continue readingSudan’s inflation jumped by over 30% in February
Sudan's Central Bureau of Statistics announced yesterday that annual inflation jumped to 330.78 per cent in February from 304.33 per cent in January, an increase of more than 30 per cent.
Food and beverage prices continued to rise, causing inflation …
Continue readingSudan raises local wheat buying price
(KHARTOUM) - Sudanese government raised the price at which it buys locally produced new-season wheat to 13,500 Sudanese pounds per sack to support farmers and to encourage them to increase future production.
Prime Minister Abdallah Hamdok Sunday visited Al-Jazira State …
Continue readingMangala IDPs receive food aid from Sudanese, Somali traders
A group of Sudanese and Somali traders based in Juba on Monday donated food items to internally displaced persons (IDPs) in Mangala County of Central Equatoria State.
The IDPs are residents of Bor town in Jonglei State who were displaced …
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