Oil figures suggest that Khartoum is cheating the South of revenue and threatening the increasingly fragile peace
Concern is growing about the economic and political conflicts which threaten the Comprehensive Peace Agreement signed in January 2005. Many of these conflicts stem from the opacity of the Government of National Unity, set up under the CPA and in which the National Congress Party (aka National Islamic Front) was meant to share political power and the country's oil wealth with the Sudan People's Liberation Movement (SPLM). In practice, the NCP domination of the GNU severely limits the agreed sharing of power and money. A 7 September report by UK-based resource lobbying group Global Witness* reveals serious inconsistencies in the oil production and revenue data published by the Khartoum government and a general lack of financial accountability. Both are undermining the peace deal.
There are mismatches between Khartoum's oil figures and those of the CNPC
Global Witness found mismatches between the Sudan government's figures and those of the Chinese National Petroleum Corporation (CNPC) and other company figures on oil production for all blocks...
Taken aback by the seriousness of the Central Bank’s efforts to reform the financial sector, some politicians and debtors are plotting their revenge
The targets of Central Bank of Nigeria Governor Lamido Sanusi's banking purge are beginning to fight back. Four bank chief executives have been arraigned on criminal charges and...