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Mountain Trade And Development Bank
Mountain Trade and Development Bank is a commercial bank in South Sudan. It is licensed by the Bank of South Sudan, the central bank and national banking regulator. Mountain Trade and Development Bank is a privately held financial institution, founded by wealthy individuals from the Nuba Mountains, in Southern Kordofan State. History Mountain Trade and Development Bank was founded in August 2010, five and one half years after the cessation of hostilities between South Sudan and Sudan and the signing of the Comprehensive Peace Agreement (CPA) in Naivasha Naivasha is a large town in Nakuru County, Kenya, lying by road north west of Nairobi. Overview The town has a total population of 198,444 (2019 census). The main industry is agriculture, especially floriculture. Naivasha is also a popular t ..., Kenya. With headquarters in the capital city of Juba, the bank has plans to expand to other South Sudanese states. The board of trustees chairman said the banks aims inc ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the p ...
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Banks Established In 2010
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 a ...
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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 anc ...
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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 to ...
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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 corrup ...
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Central Bank Of South Sudan
The Bank of South Sudan is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the Bank of Sudan, which had served as the central bank of South Sudan, during the period between February 2005 until July 2011. The bank is fully owned by the Government of South Sudan. Location The bank maintains its headquarters in the city of Juba, the capital of South Sudan, with branches in the towns of Wau, Yei and Malakal. Organization and Governance The Bank of South Sudan is the central bank of the Republic of South Sudan. It is headed by the Governor of the Bank of South Sudan. The Bank is the only institution that is constitutionally mandated to issue the South Sudanese pound. Duties The main functions of the Bank of South Sudan are: # To function as the central bank of South Sudan. # To establish and supervise conventional banking ...
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Republic Of Uganda
}), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, including the capital Kampala and whose language Luganda is widely spoken throughout the country. From 1894, the area was ruled as a protectorate by the United Kingdom, which established administrative law across the territory. Uganda gained independence from the UK on 9 October 19 ...
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Eastern Equatoria
Eastern Equatoria is a state in South Sudan. It has an area of 73,472 km². The capital is Torit. On October 1, 1972, the state was divided into Imatong and Namorunyang states and was re-established by a peace agreement signed on 22 February 2020. Geography The state shares international borders with Uganda in the south, with Kenya in the south-east and with Ethiopia in the north-east. Domestically, it is bordered by Central Equatoria in the west and Jonglei in the north. The Ilemi Triangle in the east, between Eastern Equatoria and Lake Turkana, is or has been disputed among all three abutting states ( South Sudan, Kenya and Ethiopia). Population The state had 906,126 people in 2008 (32/sq mi). Eastern Equatoria state was home to several different ethnic groups. The Toposa, Jie and Nyangathom live in the Kapeota counties in the east of the state. The Didinga, Dodoth and Boya live in Budi county around Chukudum. Further west, Lopa, Torit and Ikwoto count ...
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Nimule
Nimule is a city in the southern part of South Sudan in Magwi County, Eastern Equatoria. It lies approximately , by road, southeast of Juba, the capital of South Sudan and largest city in the country. The town also lies approximately , by road, north of Gulu, Uganda, the nearest large city. Overview and history In 1901, Nimule was the base for a British punitive expedition against the Lango, which had raided neighbouring districts. The Longo had been supported by Sudanese mutineers, who were all captured or killed by the British force. On 19 August 2013, the South Sudanese parliament decided to upgrade Nimule Town to City Council status, administered by a City Clerk. Some in the county have protested, calling for wider consultations. On April 7, 2014, the Mountain Trade and Development Bank expanded into the Eastern Equatoria state by opening a new branch in the town of Nimule. On October 6, 2017; Uganda had pledged to supply power to two South Sudanese border towns as part ...
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Juba, 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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Kenya
) , national_anthem = " Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , official_languages = Constitution (2009) Art. 7 ational, official and other languages"(1) The national language of the Republic is Swahili. (2) The official languages of the Republic are Swahili and English. (3) The State shall–-–- (a) promote and protect the diversity of language of the people of Kenya; and (b) promote the development and use of indigenous languages, Kenyan Sign language, Braille and other communication formats and technologies accessible to persons with disabilities." , languages_type = National language , languages = Swahili , ethnic_groups = , ethnic_groups_year = 2019 census , religion = , religion_year = 2019 census , demonym = ...
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