Senior Correspondent, Sudan and South Sudan
Ulf's Feed
Feb 4, 2013

Sudan sells dispute oil from S.Sudan after talks fail

GENEVA/KHARTOUM, Feb 4 (Reuters) – Sudan has sold a cargo of
oil of disputed ownership from South Sudan oilfields, a minister
and trading sources said, in what is likely to be seen by the
south as a provocation after security and oil transport talks
between the two countries fell apart.

Sudan’s President Omar Hassan al-Bashir and South Sudan’s
Salva Kiir failed at talks in Ethiopia last month to end a
stalemate over withdrawing armies from a border region – a
pre-requisite for resuming oil exports.

Jan 28, 2013

Sudan currency close to record low as oil talks in stalemate

KHARTOUM, Jan 28 (Reuters) – Sudan’s currency fell close to
a record low against the dollar on the black market on Monday
after talks with South Sudan failed to restart crucial oil
flows, worsening a dollar scarcity and an economic crisis
fuelling dissent.

There is little foreign trading in the Sudanese pound but
the black market rate is an important indicator of the mood of
the business elite and ordinary people exhausted by years of
economic crises, ethnic conflicts and wars.

Jan 16, 2013

Dollar squeeze adds to economic hardship in Sudan

KHARTOUM, Jan 16 (Reuters) – Scanning his company’s 2012
financial statement, El Rashid El Amin Hamid, head of Sudan’s
biggest pharmaceutical maker, should be celebrating – sales shot
up 70 percent while marketing costs plummeted as strong demand
reduced the need to advertise.

But the entrepreneur still has a problem. How does his
company get dollars to import raw materials for the antibiotics,
malaria pills, diabetic tablets and other drugs it makes, and,
if it can access hard currency, at what exchange rate?

Jan 11, 2013

More than 30,000 flee fighting in Sudan’s Darfur: U.N.

KHARTOUM (Reuters) – More than 30,000 people have fled during two weeks of fighting in Sudan’s Darfur region, the United Nations said after some of the worst clashes between government troops, rebels and rival tribes reported there for months.

Conflict has raged in Darfur, a vast arid region in the west of Sudan, since 2003 when mainly non-Arab tribes took up arms against the Arab government in Khartoum, accusing it of political and economic marginalization.

Jan 11, 2013

Darfur fighting displaces more than 30,000 people: U.N.

KHARTOUM (Reuters) – More than 30,000 people have fled during two weeks of fighting in Sudan’s Darfur, the United Nations said after some of the worst clashes in the region for months.

Conflict has raged in Darfur, a vast arid region in the west of Sudan, since 2003 when mainly non-Arab tribes took up arms against the Arab government in Khartoum, accusing it of political and economic marginalization.

Jan 9, 2013

Dutch KLM to stop flying to Sudan in March due to weak demand

KHARTOUM (Reuters) – KLM, part of Air France-KLM, will stop flying to Sudan from late March due to weak demand, an official of the Dutch airline said on Wednesday.

Germany’s Lufthansa will be the last large European carrier to serve Khartoum apart from Turkish Airways.

Jan 7, 2013

Germany to host Sudan forum delayed by embassy storming

KHARTOUM (Reuters) – Germany will host a Sudan investment conference this month which was postponed after its embassy in Khartoum was stormed last year, officials and diplomats said on Monday.

Sudan is trying to attract more investment to overcome a severe economic crisis after losing most oil reserves to South Sudan when it became independent in 2011. Most Western companies shun the country due to a U.S. trade embargo.

Jan 3, 2013

Sudan, South Sudan leaders to try to defuse tension at summit

KHARTOUM (Reuters) – The leaders of Sudan and South Sudan meet on Friday to make another attempt to defuse hostilities after their countries split and restart cross-border oil flows to throw their beleaguered economies a lifeline.

Sudan’s Omar Hassan al-Bashir and South Sudan’s Salva Kiir have both signaled possible concessions at the talks in Addis Ababa to end a stalemate over how to set up a demilitarized buffer zone after the countries came close to war in April.

Jan 2, 2013

West’s sweet tooth gives Sudan gum arabic export success

EN NAHUD, Sudan, Jan 2 (Reuters) – Counting piles of
banknotes in front of his tiny warehouse, Sudanese trader Maaz
Adam is arranging yet another purchase of a red g u m which may
find its way into a bottle of soda pop drunk a world away from
this dusty town.

“I bought today 25 sacks for around 10,000 to 11,000 pounds
(around $1,500 at the black market rate),” he says, putting the
banknotes in the suitcase of another trader who is preparing to
seek more supplies of gum arabic from village farmers.

Jan 2, 2013

Rival Sudans hold summit on Friday, signal concessions

KHARTOUM/JUBA (Reuters) – The leaders of Sudan and South Sudan will meet on Friday to discuss how to improve border security and resume vital oil flows, both sides said on Tuesday as the feuding African neighbors signaled possible concessions.

The countries, which fought one of Africa’s longest civil wars ending with a peace deal in 2005, signaled concessions ahead of the summit.

    • About Ulf

      "I am Senior Correspondent, Saudi Arabia, covering from the Saudi capital Riyadh political, economic and social news and in-depth analyses from the world's top oil exporter and biggest Arab economy. I have also reported for Reuters from Kuwait, Yemen and Iraq."
    • Contact Ulf

    • Follow Ulf