Elections are going ahead despite lack of US Support
South Sudan said yesterday it was prepared to go ahead with planned elections despite the United States and other foreign countries refusing to support the ballot. South Sudan’s foreign affairs minister, Barnaba Marial Benjamin, called on the international community to work with South Sudan, describing the decision as disappointing. “It is unfortunate that some countries have decided to withhold providing support for elections, which is an essential component of democracy and one of the international mechanisms to allow the citizens to choose the leaders of their choice to different level of government,” Benjamin said.
The minister said he had received a message from the US government and several other countries informing South Sudan …
Reasons for the Devaluation of the South Sudanese Pound (Analysis)
Until the declaration of the Austerity Measures in 2012 by the government of the Republic of South Sudan, South Sudan was named as the third largest sub-Sahara country interim of huge oil reserves, it is also on record that the Republic of South Sudan ranks number five on the Africa oil index. So at this critical point, South Sudan is a country rich in oil with which almost 75 % of the world rely on, which will make it self-reliance interim of hard currency, it also export timbers wood although it contribute little to the national economy compared to the oil which provides the South Sudan economy with 97.5 % of the total national budget.
In respect to the International development and financial assistance to Africa, international aid …
Local Employment Quota finally on the Cards
What has long been a reality under BEE (South Africa) or CEE (Zambia) is now filtering into South Sudan. The country will from next month require that companies and non-government organisations (NGOs) employ South Sudanese citizens unless they are unable to find locals with the necessary skills. A government circular this week outlined the new rules, causing a stir as the published version said that only South Sudanese could be hired without mentioning exceptions. The foreign minister clarified the issue in a recent statement.
“You need to give employment to the citizens except in those places where there is no capacity,” Foreign Minister Barnaba Marial Benjamin said, speaking by telephone. Until now, companies or agencies operating i…
Main Cities to be electrified through US$ 26m AfDB Grant
The board of directors of the African Development Bank Group (AfDB) has approved an African development fund grant of US$ 26m to expand and improve the electricity distribution network in Juba, South Sudan. Only 1% of the population has access to grid electricity located chiefly in the three main cities of Juba, Malakal and Wan. The upgraded and reinforced electricity supply will improve the quality of service provided by the national utility to the public and business enterprises, which could contribute to economic growth and poverty reduction in South Sudan.
The project consists of the construction of a 145km of low voltage lines; 370km of medium-voltage lines as well as the installation of 195 transformer stations and 20 000 prepa…
Major Infrastructure Project on Roads launched
A major infrastructure project was launched in Unity state this week, with phase one focused on repairing roads that have been washed away by two years of heavy rains, officials said. The first phase of the project will repair 45 kilometers of roadway that connect the state capital, Bentiu, to surrounding towns and villages. Large parts of the roads were washed away by floods last year, and the damage was worsened by heavy rains this rainy season, state Physical Planning Director Turuk Riek said.
The first stage of repairs — which involves filling in potholes and leveling the roads — is expected to be completed within a week, said Simon Diu Liat, an engineer with Nyakeak Son’s Construction, which is in charge of phase one of the pro…
Oil Output soaring and back on track
South Sudan has increased crude oil output to 240 000 barrels per day (bpd), its petroleum ministry said yesterday, reaching the highest level since it resumed oil exports through Sudan following a thaw in their relations. Landlocked South Sudan agreed with Sudan in March to restart crude exports through the north, its only access to markets. Sudan threatened in June to close two export pipelines as it accused South Sudan of supporting for rebels in its territory but they defused the row this month at a summit of both presidents. South Sudan’s petroleum ministry said that of the total 240 000 bpd, 170 000 bpd came from fields in Upper Nile state producing the heavy sour Dar Blend, its main crude product. The rest comes from oilfields in …
Oil Quarrels with Sudan lead to Budget Shortfall
South Sudan plans to borrow 4.9bn South Sudanese pounds (SSP), or about US$ 1.6bn, to fund its 2013/14 budget of 17.3bn SSP, Finance Minister Aggrey Tisa Sabuni said this morning. The landlocked African nation has been on an austerity budget to weather a 16-month shutdown of its oil production in a row with neighbouring Sudan, through which it has to transport its oil. The main source for its budget, oil has been flowing again since April, but output is down 50% at 200 000 barrels a day compared to levels before the shutdown. Sabuni told parliament the government hoped to raise 10.6bn SSP in oil revenue this fiscal year and 1.5bn SSP in non-oil revenues.
Sabuni said the government was forced to borrow 4.7bn SSP in international and do…
Oil Wells being closed on behest of Sudan
South Sudan will shut down production at a clutch of oil blocks in Unity State tomorrow as it closes all wells at the insistence of Sudan in a row over alleged rebel support, its oil minister said yesterday. Last week, the African nation said it had started shutting its output after Sudan said it would close two cross-border oil pipelines within 60 days unless South Sudan gave up support for Sudanese rebels. Juba denies backing them. Oil Minister Stephen Dhieu Dau told reporters engineers had so far started closing wells only on the country’s main Palouge field in blocks 3 and 7. “1, 2, 4 and 5a shutdown will start July 25,” Dau said, referring to smaller fields in Unity state. He gave no new production figures, saying only it was less t…
Oil flow comes to a halt
The government of Southern Sudan has re-iterated that it does not support insurgents in the north after Sudan’s president Omar al-Bashir ordered that the flow of oil should be stopped. Experts said on Sunday however that the process could take weeks. Bashir on Saturday said petroleum companies working in South Sudan would be informed about “shutting down the pipeline” from Sunday, a report said. The order came after Bashir again warned the South over backing rebels, who analysts say humiliated the authorities with recent attacks. South Sudan’s government in Juba denied the claims. “I think if you do it properly it would take 45 days to stop the oil without causing damage”, said an expert. “It’s not like opening and closing a water tap.” …
Oil Production resumes in South Sudan
South Sudan restarted oil production Saturday, ending a 15-month bitter row with former civil war foe Sudan and marking a major breakthrough in relations after bloody border clashes last year. “The oil is now flowing,” South Sudan oil minister Stephen Dhieu Dau shouted as he flicked a switch to restart production at a ceremony in the Thar Jath field in Unity state. The oil production and its associated revenue are urgently needed in order to finance and stabilise the new country.