Sunday, December 25, 2011

Sudan to hike telecoms taxes in revenue push

photoKHARTOUM (Reuters) - Sudan will hike taxes on telecoms companies and seek assistance from "friendly" countries next year, officials said on Tuesday, in a push to stabilise the exchange rate and make up for lost revenues from the oil-producing south. Sudan has been pursuing fresh sources of income such as gold and agricultural exports since South Sudan declared independence in July, taking with it about three quarters of Sudan's oil output - a vital foreign currency earner for both governments. ...


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