Business & Finance

Economists Urge New Economic System for South Sudan

JUBA/GENEVA — While some South Sudanese experts recommend the government adopt a new economic system used by developing states to cut off black market currency exchange and stabilize skyrocketing prices, a new U.N. panel report says the real problem in South Sudan is deeply entrenched government corruption. South Sudan should switch to a developmental state […]

Business & Finance

Sudan Businesses Feel Pinch as Currency Devalues, Inflation Soars  

KHARTOUM – Sudan this month  declared an economic emergency  after the Sudanese pound lost 40  percent  of its value in one month and annual  inflation jumped to 167 percent.  Sudan’s transitional authorities have struggled to stabilize the currency,  the weakness of which helped fuel the protests against former president  Omar al-Bashir.  The economic strain has […]

Business & Finance

DCI lost 6.56 percent year to date

The Domestic Companies Index (DCI) lost 0.09 percent during the week ending September 18, 2020. As indicated by Stockbrokers Botswana weekly report, the index closed at 7 002.65 points from 7 008.82 points of the previous week. For the year-to-date, the index lost 6.56 percent. A total of 274 520 securities valued at P1 287 […]

Business & Finance

Inflation increases to 1 percent in August

Headline inflation rose marginally from 0.9 percent in July to 1 percent in August 2020, remaining below the lower bound of the Bank’s medium-term objective range of 3 – 6 percent, and significantly lower than the 2.9 percent in August 2019. The marginal increase in inflation between July and August 2020 reflects the increase in […]