Showing Archived Posts

Clinton to South Sudan: Beware ‘Natural Resource Curse’

Posted December 14th, 2011 at 3:25 pm (UTC-5)
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U.S. Secretary of State Hillary Clinton has warned newly independent South Sudan against falling prey to the “natural resources curse” caused by poorly managed oil wealth. Speaking at a development conference for South Sudan in Washington on Wednesday, Clinton said the African country must use its vast oil resources to lift itself out of poverty. […]

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UN to Move Refugees as Fighting Nears South Sudan Camp

Posted December 9th, 2011 at 9:55 am (UTC-5)
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The United Nations says it is speeding up efforts to move refugees from a camp in South Sudan threatened by fighting along the border with Sudan. The U.N. refugee agency said Friday the violence appears to be nearing the Yida refugee settlement. Spokesman Melissa Fleming said the agency will move the camp’s 20,000 refugees to […]

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South Sudan Says North Occupies Town

Posted December 7th, 2011 at 5:20 pm (UTC-5)
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Newly-independent South Sudan has accused the north of invading its territory and occupying a town near the border. The South Sudan government said in a statement released Wednesday that the Sudan Armed Forces attacked the town of Jaw with mechanized infantry on December 3rd and occupied it. South Sudan said the attack led to heavy […]

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China Sending Envoy to Mediate Sudanese Oil Dispute

Posted December 5th, 2011 at 8:50 am (UTC-5)
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China is sending an envoy to Sudan and South Sudan to help resolve a dispute over oil exports, of which China is a major customer. The foreign ministry in Beijing said Monday that China’s special representative on African affairs, Liu Guijin, will visit the two countries in the coming days. Sudan blocked the landlocked south […]

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$69,000 Dividend for Workers at South Africa Mining Firm

Posted November 30th, 2011 at 8:45 am (UTC-5)
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Employees at a South African mining firm will get payouts of up to $69,000 each — before taxes — as part of a plan meant to empower average workers. Kumba Iron Ore, a unit of mining giant Anglo American, says the payouts stem from the company’s Envision Scheme, which gives dividends to workers below the […]

Tags: , , , Posted in Africa, Economy

China Uges Sudan, South Sudan to Resolve Oil Dispute

Posted November 29th, 2011 at 10:50 am (UTC-5)
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China has called on Sudan and South Sudan to resolve a dispute that has blocked the flow of oil exports from the south. Beijing purchases nearly five percent of its total oil imports from South Sudan. A Chinese Foreign Ministry spokesman on Tuesday urged the two Sudans to exercise “restraint” and use a “flexible and […]

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China Uges Sudan, South Sudan to Resolve Oil Dispute

Posted November 29th, 2011 at 9:15 am (UTC-5)
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China has called on Sudan and South Sudan to resolve a dispute that has blocked the flow of oil exports from the south. Beijing purchases nearly five percent of its total oil imports from South Sudan. A Chinese foreign ministry spokesman on Tuesday urged the two Sudans to exercise “restraint” and use a “flexible and […]

Sudan Blocks South Sudan Oil Exports

Posted November 28th, 2011 at 11:10 am (UTC-5)
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The Sudanese government has blocked oil exports from newly independent South Sudan, citing a transit fee dispute. Landlocked South Sudan relies on its northern neighbor’s pipelines and port on the Red Sea to export oil. Sudan’s oil minister, Ali Ahmed Osman, said Monday that Khartoum decided November 17 to hold up the south’s oil shipments. […]

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South Koreans Continue Street Potests Against FTA

Posted November 26th, 2011 at 11:15 pm (UTC-5)
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At least 2,000 people gathered in South Korea’s capital late Saturday to protest parliament’s ratification of a free trade agreement with the United States. Demonstrators in Seoul held lit candles and chanted slogans against the deal which they feel will hurt South Koreans, especially farmers and small retailers. Protesters clashed with police in the city’s […]

South African Lawmakers Pass State Secrets Bill

Posted November 22nd, 2011 at 3:20 pm (UTC-5)
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The South African parliament has passed a bill aimed at protecting state secrets that opponents say will stifle the media and those who expose corruption. Lawmakers adopted the bill by a vote of 229 to 107 Tuesday, with much of the support coming from the ruling African National Congress party. The legislation prohibits the release […]

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