Sudan Raises Minimum Wages

Sudanese line up to get fuel outside a petrol station in the capital, Khartoum (AFP)
Sudanese line up to get fuel outside a petrol station in the capital, Khartoum (AFP)
TT
20

Sudan Raises Minimum Wages

Sudanese line up to get fuel outside a petrol station in the capital, Khartoum (AFP)
Sudanese line up to get fuel outside a petrol station in the capital, Khartoum (AFP)

The Sudanese Ministry of Finance announced raising the minimum wage for civil servants to SDG 3,000 (almost $150) following a three-day strike launched by railway workers.

Railroad workers in Atbara, a northern Sudanese city, and bus drivers throughout the country had carried out a strike since last Saturday to protest low wages.

The strike sapped supplies en route to the capital Khartoum, resulting in a shortage of food supplies and oil byproducts.

On Tuesday, the demonstrators lifted the strike and went back to running national transportation.

Hashem bin Auf, Minister of Infrastructure and Transport, confirmed that the Ministry of Finance raised the minimum wage for civil servants to SDG 3,000.

Auf, in a visit to Atbara, informed those on strike of the decision taken by the ministry of finance.

Addressing demonstrators, Auf admitted that the situation they were under was unacceptable, however, he accused the deep state and former regime loyalists of seeking to fail the transitional government.

Also, Bus drivers at Khartoum’s regional bus station carried out a strike on Sunday, calling for better pay and services. The strike caused thousands of travelers to cancel their trip to and from Khartoum.

Others profited from the strike. Tickets to Kassala, New Halfa, and El Gedaref in eastern Sudan rose to SDG 1,800.

The striking bus drivers demand salaries, financial incentives, management committees for union work, health insurance, social security and fuel control at petrol stations. They also decry withdrawals of their driving licenses, fines, and a large number of levies they have to pay on the roads.



Rosneft: OPEC+ Decision to Speed Up Output Increase Justified

FILE PHOTO: Chief Executive of the oil producer Rosneft Igor Sechin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. REUTERS/Anton Vaganov/File Photo
FILE PHOTO: Chief Executive of the oil producer Rosneft Igor Sechin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. REUTERS/Anton Vaganov/File Photo
TT
20

Rosneft: OPEC+ Decision to Speed Up Output Increase Justified

FILE PHOTO: Chief Executive of the oil producer Rosneft Igor Sechin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. REUTERS/Anton Vaganov/File Photo
FILE PHOTO: Chief Executive of the oil producer Rosneft Igor Sechin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. REUTERS/Anton Vaganov/File Photo

Head of Russia's largest oil producer Rosneft Igor Sechin said on Saturday that the decision by the OPEC+ to speed up output increase now looked far-sighted and justified in the light of the confrontation between Israel and Iran.

OPEC+ crude output represents about 41% of global oil production. The group's main objective is to regulate the supply of oil to the global market.

The Organization of the Petroleum Exporting Countries and its allies, led by Russia, in April agreed a bigger-than-expected output hike for May.

OPEC+ has since decided to continue with more than planned hikes.

"The decision taken by OPEC leaders to forcefully increase production looks very far-sighted today and, from the market's point of view, justified, taking into account the interests of consumers in light of the uncertainty regarding the scale of the Iran-Israel conflict," Sechin said.

Besides the 2.2 million bpd cut that the eight members started to unwind in April, OPEC+ has two other layers of cuts that are expected to remain in place until the end of 2026.

Oil prices had initially fallen in response to the OPEC+ decision to increase oil production, but the outbreak of an aerial war between Israel and Iran has so far been the main factor behind their return to around $75 per barrel, levels unseen since the start of the year.

Speaking at the St. Petersburg International Economic Forum, Sechin, a long-standing ally of Russian President Vladimir Putin, also said there will be no oil glut long-term despite the production rise due to low stockpile levels, though rising usage of electric vehicles in China might hit oil demand.

Putin said on Friday he shared OPEC's assessment that demand for oil will remain high. He also said that oil prices had not risen significantly due to the conflict between Iran and Israel, and that there was no need for OPEC+ to intervene in oil markets.