Economics

PM directs to pay the arrears of Sudan Airways employees

Prime Minister and Minister of Finance, Motazz Moussa directed to pay the arrears of Sudan Airways employees immediately, as well as the payment of dues to workers who lost their jobs. Head of Sudan Workers Trade Unions Federation (SWTUF), Eng. Yousif Abdul-Karim, said after the meeting with Prime Minister Motazz Moussa on Sunday, that the meeting discussed issues of entitlements ...

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Agreement to increase wages up to 2500 SDG: (SWTUF)

Head of Sudan Workers Trade Unions Federation (SWTUF), Eng. Yousif Abdul-Karim announced increasing in salaries by 500 SDG as minimum and 250 SDG as maximum, beside increasing of 500 SDG for pensioners. In a press statement following a meeting with Prime Minister Motazz Moussa on Sunday, Yousif referred to the social role of the union in meeting the cost of ...

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Economist calls on CBS to review its decision about stopping financing

The Economist  Dr. Hitham Muhammad Fathi, called on CBS to review its decision about stopping financing of real estate and cars, which contributed to increase the circulation of cash outside the banking system. The aim from the CBS’s decision was to control inflation rates and to stabilize the exchange rate by directing funds towards the productive sectors,pointing that these policies ...

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NISS seizes smuggled fuel in AlGezira

National Intelligence and Security Service (NISS) in Hasahisa State, seized two trucks (Daffar) carrying 52 barrels of gasoline and 9 large-sized smuggled jars for sale on the black market. First lieutenant, Abdullah Albashir, who seized the smuggled fuel, that the (NISS) will preserve the country’s economy and assets. Meanwhile, the commissioner of Locality, Major General, Alnaeem Khidir Mursal praised the ...

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State control makes bread’s price 5 pounds: “Moataz Moussa” (Video)

The Minister of Finance, Motazz Moussa, called on the citizens to activate the popular control over the bakeries. Motazz revealed that the state control over bread would make the price of the bread to 5 pounds, pointing that supervision need cars, 6000 soldiers and fuel, rather than the salaries, which will lead to higher cost. Moussa revealed the causes of ...

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Commercial activity fell by 70% in Khartoum 

Head of Chamber of Commerce, Hassan Issa, revealed the decline of commercial activity in the state of Khartoum by (70%). Issa said in a statement to “Al Tayyar” that 60% of merchant are below the poverty line now. He predicted their inability to pay the “levies” during the coming period. “Al Tayyar” newspaper visit the direct selling markets and revealed ...

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Some banks to be out of service soon

Banking expert Dr. Mohammad Abdul Aziz expected a large number of commercial banks to  be out of service during the coming period. Abdul Aziz explained in a statement to (altayyar)newspaper, that this is due to the loss of  confidence between customers and the banking system, describing the decision to reduce the liquidity recently taken by the government as a “big ...

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180$ million to establish Hafira Sugar Factory

Abdulsalam Ikhwan Group have announced that, the cost of the Hafira sugar factory project in Umm Al-Qura village is 180 $ million in an area of 60 thousand acre. Minister of Production and Economic Resources of Gezira State, Alhindy Arrayah Annor, met with the delegation of Abdulsalam Ikhwan today (Thursday). He said that the plan of his ministry for the ...

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