Economy

Khartoum – Sudanhorizon The customs dollar exchange rate declined on Monday, May 18, falling from 3,395.97 Sudanese pounds to 3,222.80 pounds, a decrease of 5.37%, equivalent to 173 pounds. The reduction comes shortly after the…

Sudanhorizon – Hala Hamza Economic experts told Sudanhorizon that the performance of the “Hope Government,” as it approaches the end of its first year in office, has been largely devoid of tangible achievements, attributing this mainly…

Port Sudan – Sudanhorizon The Technical Authority for Electricity Regulation and Control, Red Sea Office, organized an awareness workshop,Tuesday, in Port Sudan on the role of the Technical Authority in regulating the electricity sector…

Ankara – Sudanhorizon Sudan’s Ministry of Energy and Petroleum announced on Tuesday that it had reached an agreement with Astor, a manufacturer of electrical transformers and substations, to continue cooperation aimed at rebuilding…

Khartoum – Sudanhorizon The United Nations Development Programme (UNDP) in Sudan on Monday said the electricity sector has incurred losses of up to three billion dollars. The report also noted the increased reliance on solar panels despite…

Sudanhorizon – Hala Hamza The Executive Office of the General Federation of Sudanese Workers' Unions has expressed its total rejection of the decision to cut down the numbers of state employees, as was recently issued under Ministerial…

Khartoum – Sudanhorizon A Chinese mining company has announced plans to invest in copper and gold mining in Sudan, stating that it has allocated $1 million for the project. Hong Kong Company, the owner of Mias Saz, said expected…

Sudanhorizon – Hala Hamza The decision issued by Human Resources Minister Mutasim Ahmed Salih to conduct a census of state employees has been met with widespread rejection over fears it could lead to mass layoffs. Government employee Alaa…

Khartoum – Sudanhorizon The Sudanese Minister of Energy, Al-Mutasim Ibrahim Ahmed, affirmed the ministry's commitment and serious efforts to find urgent solutions to electricity problems, in addition to rehabilitating the national grid…

Khartoum – Sudanhorizon The task force responsible for implementing the Cabinet's directives regarding gold resources, chaired by Finance Minister Dr. Jibril Ibrahim, has issued a set of guidelines aimed at maximizing revenues from gold…