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‘Economy in dark and dire straits’ as Sudanese Pound pummelled

Traders on the parallel forex market are returning to the days before the ousting of President Omar Al Bashir. On Tuesday, the Dollar exchange rate on the parallel market ranged between SDG523 and 540, while the official rate ranges between SDG443 and 446. In an interview with Radio Dabanga, economic expert Prof Hasan Bashir, attributed …

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Sudan: ‘GERD electric start-up a breach of legal obligations by Ethiopia’

The government of Sudan has reacted angrily after Ethiopian Prime Minister Abiy Ahmed officially inaugurated hydroelectricity production at the controversial Grand Ethiopian Renaissance Dam (GERD) on Sunday, saying that the unilateral action constitutes “a fundamental breach of legal obligations,” and contradicts what was agreed upon between Ethiopia, Sudan and Egypt the in the 2015 Declaration …

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