Cooperative Bank Of South Sudan
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Cooperative Bank Of South Sudan
Cooperative Bank of South Sudan is a commercial bank in South Sudan. It is licensed and supervised by the Bank of South Sudan, the country's central bank and national banking regulator. Cooperative Bank Group Cooperative Bank of South Sudan is a member of the Cooperative Bank Group, headquartered in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. , the Group's asset base exceeded US$2.6 billion (KES:231.2 billion), with shareholders' equity in excess of US$414 million (KES:36.8 billion). The shares of stock of the Cooperative Bank Group are listed on the Nairobi Stock Exchange, where it trades under the symbol COOP. Members of the Cooperative Bank Group include the following companies: # ''Kingdom Securities Limited'' - Nairobi, Kenya - 60% shareholding # ''Co-opTrust Investment Services Limited'' - Nairobi, Kenya - 100% shareholding # ''Co-operative Consultancy Services Kenya Limited'' - 100% shareholding # ''CIC Insurance Group Limited'' - 25% shareholding # Coopera ...
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Juba, South Sudan
Juba () is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the world's newest capital city to be elevated as such, and had a population of 525,953 in 2017. It has an area of , with the metropolitan area covering . Juba was established in 1920–21 by the Church Missionary Society (CMS) in a small Bari village, also called Juba. The city was made as the capital of Mongalla Province in the late 1920s. The growth of the town accelerated following the signing of the Comprehensive Peace Agreement in 2005, which made Juba the capital of the Autonomous Government of Southern Sudan. Juba became the capital of South Sudan in 2011 after its independence, but influential parties wanted Ramciel to be the capital. The government announced the move of the capital to Ramciel, but it is yet to occur. History Under the Khedivate of Egypt, Juba served as the southernmost garrison of t ...
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Nairobi Stock Exchange
The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021. History Founding Nairobi Stock Exchange (1954-1999) The Nairobi Stock Exchange was established in 1954 as the in Nairobi, the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. Previous to its founding, dealing in shares and stocks started in the 1920s when it was the British colonial Kenya Colony (1920−1963), a part of the British Empire. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations to govern stock broking activities. Trading took place o ...
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Banks Of South Sudan
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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List Of Banks In South Sudan
This is a list of commercial banks in South Sudan. : African National Bank : Afriland First Bank South Sudan : Agricultural Bank of South Sudan : Buffalo Commercial Bank : Charter One Bank South Sudan : Commercial Bank of Ethiopia (South Sudan) : Cooperative Bank of South Sudan : Ecobank South Sudan : Eden Commercial Bank : Equity Bank South Sudan Limited : International Commercial Bank : Ivory Bank : KCB Bank South Sudan Limited : Kush Bank Plc : Liberty Commercial Bank : National Bank of Egypt Juba : Mountain Trade and Development Bank : National Credit Bank : Nile Commercial Bank : Opportunity Bank South Sudan : Southern Rock Bank : People's Bank Plc : Phoenix Commercial Bank : Qatar National Bank : Regent African Bank : Royal Express Bank : South Sudan Commercial Bank : Stanbic Bank South Sudan Limited : Alpha Commercial Bank : Ebony National Bank : St. Theresa Rural Development Bank See also References External links Website of Buffalo Commercial Bank {{Africa t ...
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Banking In South Sudan
Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to operate in accordance with these laws and guidelines, but many suggest this is not happening. Before independence Prior to 9 July 2011, when South Sudan attained independence, banking operations in the country were controlled and governed by the Bank of Sudan based in Khartoum. The Sudanese central bank operated branches in South Sudan in the cities of Juba, Wau, and Malakal. The legal tender was the Sudanese Pound. Beginning in 2005, with the signing of the Comprehensive Peace Agreement (CPA), most of the Sudanese banks operating in South Sudan began to close operations. Also, as part of the CPA, th ...
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Economy Of South Sudan
South Sudan became the world's newest country and Africa's 55th nation on 9th July , 2011. The conflict, which started in December 2013, undermined economic development achieved since independence, making humanitarian work difficult to conduct within the country. As such, South Sudan is facing economic stagnation and instability in its 10 years after independence. Moreover, poverty is widespread throughout the country as a result of inter-communal conflict, displacement, and external fear. The economy of South Sudan is $3.681 billion by gross domestic product as of 2019, being one of the most oil dependent economies in the world, with 98% of government's annual operating budget and 80% of its gross domestic product (GDP) derived from oil, despite being endowed with adequate natural resources. It has a very fertile agricultural land and vast quantities of livestock. The livestock include over 60 million cattle, sheep and goats. Instability, unsatisfactory governance, and corruptio ...
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Capital City
A capital city or capital is the municipality holding primary status in a country, state, province, Department (country subdivision), department, or other subnational entity, usually as its seat of the government. A capital is typically a city that physically encompasses the government's offices and meeting places; the status as capital is often designated by its law or constitution. In some jurisdictions, including several countries, different branches of government are in different settlements. In some cases, a distinction is made between the official (constitutional) capital and the seat of government, which is List of countries with multiple capitals, in another place. English language, English-language news media often use the name of the capital city as an alternative name for the government of the country of which it is the capital, as a form of metonymy. For example, "relations between Washington, D.C., Washington and London" refer to "United Kingdom–United States rel ...
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Government Of South Sudan
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ...
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Cooperative Bank Of Kenya
Co-operative Bank of Kenya is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. The bank has introduced Agency banking model and has a deep customer base in Kenya with over 7.5 million accounts as of December 2018. In 2010, the bank was awarded ''"Best Bank of Kenya"'' by the London Financial Times due to their excellent growth. Overview The bank serves the banking needs of individuals, small businesses and large corporations, focusing on the needs of cooperative societies in KenyaCooperative Bankis a large financial services institution. Its total assets were valued at 404.15 billion KES (about US$4 billion). At 31 December 2013, its shareholders' equity was valued at approximately 36.8 billion shillings. , the bank controlled about 8.2% of all bank assets in Kenya. History The bank was established in 1966, initially as a cooperative society. The banking ...
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The Star (Kenya)
''The Star'' is a daily newspaper published in Nairobi, Kenya. It was launched in July 2007 as the ''Nairobi Star'' and later rebranded as ''The Star'' in 2009. ''The Stars circulation was around 15,000–20,000 in 2010 (against total Kenyan newspaper circulation in 2010 of around 320,000), compared to 5,000–8,000 in 2007.Open Society Foundations, 5 February 2013Mapping Digital Media: Kenya pp. 19–20. The paper first made a profit in September 2009. See also * List of newspapers in Kenya This is a list of newspapers in Kenya. List of newspapers See also * Media of Kenya * List of radio stations in Africa: Kenya * Telecommunications in Kenya * Sports Publications in Kenya References Bibliography * * * * (About Eldoret ... References External links * Newspapers published in Kenya Publications established in 2007 {{Africa-newspaper-stub ...
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AllAfrica
AllAfrica is a website that aggregates news produced primarily on the African continent about all areas of African life, politics, issues and culture. It is available in both English and French and produced by AllAfrica Global Media, which has offices in Cape Town, Dakar, Lagos, Monrovia, Nairobi, and Washington, D.C. AllAfrica is the successor to the African News Service. Its stories can be displayed by categories and subcategories such as country, region, and by news topic. In 2008, AllAfrica rolled out a comment board system. The President of AllAfrica Global Media, Amadou Mahtar Ba, is a member of the International Advisory Board International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ... of the African Press Organization. References External links * ReliefWeb archives of AllAf ...
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Business Daily Africa
''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , .... See also References External linksBusiness Daily Website {{Media in Kenya Newspapers published in Kenya Nation Media Group Mass media in Nairobi ...
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