The promise of overflowing returns on interest dominates business talk across Eastern Africa, with the latest addition to the region being a country that's the third largest producer of oil in Sub Saharan Africa- but that alone is not the only interest...a country that's starting from scratch, is every investors dream. And as Terryanne Chebet reports, Southern Sudan is ready for business.
Showing posts with label Sudan. Show all posts
Showing posts with label Sudan. Show all posts
Monday, July 16, 2012
Sunday, January 8, 2012
South Sudan Business Opportunities
The promise of overflowing returns on interest dominates business talk across Eastern Africa, with the latest addition to the region being a country that's the third largest producer of oil in Sub Saharan Africa- but that alone is not the only interest...a country that's starting from scratch, is every investors dream. And as Terryanne Chebet reports, Southern Sudan is ready for business.
South Sudan Business Opportunities
The promise of overflowing returns on interest dominates business talk across Eastern Africa, with the latest addition to the region being a country that's the third largest producer of oil in Sub Saharan Africa- but that alone is not the only interest...a country that's starting from scratch, is every investors dream. And as Terryanne Chebet reports, Southern Sudan is ready for business.
Thursday, January 5, 2012
Shell eyes possible South Sudan opportunities
(Reuters) - PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation. Pepsi currently offers a pension plan and a scheme where it matches contributions to 401(k) retirement savings accounts, and believes …
Shell eyes possible South Sudan opportunities - YAHOO!
By Tom Bergin | Reuters – Wed, Jan 4, 2012LONDON (Reuters) - Royal Dutch Shell Plc said it is eyeing potential opportunities in South Sudan, which last July broke away from Khartoum, taking with it two-thirds of Sudan's 500,000 barrels per day of oil production.
"We continuously review potential business opportunities around the world. We would like to better understand the current security, political and business environment in South Sudan, and how this has been impacted by the secession," a spokesman told Reuters in an emailed statement.
The normally tightlipped oil major does not usually comment about possible new areas of interest.
The landlocked South Sudan's oil industry faces uncertainty due to a dispute with Khartoum about the use of an oil pipeline to the Red Sea -- the only current means of exporting South Sudanese crude.
South Sudan accused Khartoum in November of temporarily blocking the loading of crude. Sudan denies the charges.
Khartoum has demanded a tariff fee for transporting the oil that is in excess of 10 times international norms, which are usually calculated on a per kilometer or per mile basis.
French oil major Total SA said last month it had proposed building a pipeline to export the oil via Uganda, which has discovered large reserves around Lake Albert.
Ethiopian newspaper The Reporter said last week that Shell was planning to construct an oil pipeline line from South Sudan to Ethiopia.
The newspaper said "reliable sources" had told it that a business delegation from Shell had visited South Sudan in November.
Shell declined to confirm the visit or the reported pipeline plan.
Analysts doubt a pipeline via Ethiopia would be commercial at this point because Ethiopia lacks developed oil infrastructure or a coastline which would allow it direct access to international markets.
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South Sudan Business Opportunities
The promise of overflowing returns on interest dominates business talk across Eastern Africa, with the latest addition to the region being a country that's the third largest producer of oil in Sub Saharan Africa- but that alone is not the only interest...a country that's starting from scratch, is every investors dream. And as Terryanne Chebet reports, Southern Sudan is ready for business.
Saturday, December 24, 2011
South Sudan Business Opportunities
The promise of overflowing returns on interest dominates business talk across Eastern Africa, with the latest addition to the region being a country that's the third largest producer of oil in Sub Saharan Africa- but that alone is not the only interest...a country that's starting from scratch, is every investors dream. And as Terryanne Chebet reports, Southern Sudan is ready for business.
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