SUDAN NEWS ALERT: Sudan Tribune - Minister denies granting Sudan’s gold export to one firm

29/12/2019: Sudan Tribune - Minister denies granting Sudan’s gold export to one firm

Sudan Tribune reports that Finance Minister Ibrahim Elbadawi denied reports that he gave a monopoly over Sudanese gold exports to Al-Fakher company.

Elbadawi said that the door is open to all companies without exception, in order to stimulate the private sector to provide foreign currency and buy strategic commodities.

Badawi said that the Ministry of Finance is studying offers submitted by over forty companies and business groups to export gold abroad, as the government has left gold purchasing and exports to private firm.