KHARTOUM, Sept 21 (Reuters) – Sudan’s currency has fallen to
a record low against the dollar on the black market as people
rush to change savings into hard currency ahead of a lifting of
fuel subsidies expected to drive up inflation, dealers said on
There is little foreign trading in the Sudanese pound but
the black market rate is a key indicator of the mood of the
business elite and of ordinary people left weary by years of
economic crises, ethnic conflicts and wars.
KHARTOUM, Sept 18 (Reuters) – Bank of Khartoum, Sudan’s
biggest privately-owned bank, plans to add 12 more retail
branches and launch financing for livestock exports to Gulf
countries, its head said in an interview.
Undeterred by insurgencies, poverty, a scarcity of dollars
and spiralling inflation, the bank – which was founded 100 years
ago during British colonial rule – has been steadily expanding
its business in the African country.
JUBA (Reuters) – Telsach Gad, a teacher in South Sudan, had high hopes for a better life when his country became independent in 2011 after decades of civil war with Khartoum. Two years later, he has lost all illusions.
“The government hasn’t done anything to develop the country,” the unemployed Arabic instructor said, sitting with other jobless young men in a makeshift roadside cafe in the capital Juba. “We don’t have jobs, schools, hospitals.”
JUBA, Sept 15 (Reuters) – Telsach Gad, a teacher in South
Sudan, had high hopes for a better life when his country became
independent in 2011 after decades of civil war with Khartoum.
Two years later, he has lost all illusions.
“The government hasn’t done anything to develop the
country,” the unemployed Arabic instructor said, sitting with
other jobless young men in a makeshift roadside cafe in the
capital Juba. “We don’t have jobs, schools, hospitals.”
JUBA, Aug 30 (Reuters) – Norway will help South Sudan build
a hydropower plant with work expected to start early next year,
diplomats said, raising hopes of ending an era of dark nights at
least in the capital.
Devastated by decades of civil war with Khartoum, South
Sudan has no power grid. Electricity is only for the rich who
can afford diesel generators at their villas in the capital,
Juba, or business travellers in the city’s expensive hotels.
NIMULE, South Sudan (Reuters) – Almost two weeks after truck driver George Wala loaded building materials in the Kenyan port of Mombasa bound for a company in South Sudan he still hadn’t reached his destination.
“I’ve been waiting for two days to clear my goods but no customs official has had time for me yet,” the 30-year old Kenyan said, standing next to his truck in the muddy border post of Nimule, South Sudan’s southern gateway to Uganda.
CAIRO (Reuters) – Three Egyptians were killed during clashes between supporters and opponents of deposed President Mohamed Mursi late on Friday, after thousands rallied in Egyptian cities demanding the reinstatement of the Islamist leader.
Two women and a 13-year-old boy were killed and eight others were injured, including one in critical condition, in the clashes that erupted in the Nile Delta town of Mansoura, Health Ministry official Saed Zaghloul told Reuters.
CAIRO (Reuters) – Thousands of supporters of deposed Egyptian President Mohamed Mursi gathered in Cairo on Friday for a rally to demand the restoration of the ousted Islamist, with his opponents also planning protests nearby.
More than two weeks after Egypt’s powerful military shunted the contested Mursi from office, there was still no sign of a possible deal to defuse the crisis, which has divided the world’s most populous Arab state and alarmed its Western allies.
CAIRO (Reuters) – The evening Egypt’s army ousted Islamist President Mohamed Mursi, Christian lawyer Peter Naggar celebrated on Tahrir Square with even greater joy than when autocrat Hosni Mubarak fell from power two years ago.
Naggar remains deeply relieved that a year of Islamist rule ended a fortnight ago and yet, as the initial excitement fades, many members of his ancient Christian minority fear Mursi’s Muslim Brotherhood will not give up power so easily.
CAIRO (Reuters) – Egypt’s interim government sets about the mammoth task of returning the country to civilian rule and rescuing the economy on Wednesday, a process complicated by deadly protests and a political stalemate with powerful Islamist groups.
Interim head of state Adli Mansour, the burly judge leading the army-backed administration, swore in 33 mainly liberal and technocratic ministers at the presidential palace on Tuesday.