‫Miami International Holdings وبورصة برمودا تعلنان عن مشاركتهما في حفل أسبوع المستثمر العالمي قرع الجرس من أجل محو الأمية المالية 2022

برينستون، نيوجيرسي وهاميلتون، برمودا، 7 أكتوبر 2022 /PRNewswire/ —  Miami International Holdings ، Inc. (MIH) ، هي مالك بورصة ميامي الدولية للأوراق المالية، LLC (MIAX®) ، و MIAX PEARL ، LLC (MIAX Pearl®) ، و MIAX Emerald ، LLC (MIAX Emerald®) ، و Minneapolis Grain Exchange ، LLC (MGEX™) ، وبورصة برمودا ( BSX ™)، أعلنت اليوم عن مشاركتهم في حفل “ Ring the Bell for Financial Literacy 2022 ” الذي أقيم في 6 أكتوبر 2022. وسيقرع MIAX الجرس في مكتبه في برينستون بولاية نيوجيرسي، في حين ستقرع BSX الجرس في منشأة مقرها الجديد في Exchange House ، في هاميلتون، برمودا.

مبادرة قرع الجرس لمحو الأمية المالية تدعم أسبوع المستثمر العالمي ( WIW ) الخاص بمنظمة الدولية لهيئات الأوراق المالية ( IOSCO ) الذي سيقام في الفترة من 3 إلى 9 أكتوبر 2022. IOSCO WIW هي حملة عالمية مدتها أسبوع تهدف إلى زيادة الوعي بأهمية تثقيف المستثمرين وحمايتهم. تستند الرسائل الرئيسية لحملة IOSCO WIW في عام 2022 حول موضوعين: مرونة المستثمرين والتمويل المستدام.

قال توماس ب. غالاغر، رئيس مجلس الإدارة و الرئيس التنفيذي لشركة MIH : “تعد المبادرات البيئية والاجتماعية والحوكمة ( ESG ) مجالًا مهمًا للتركيز على المجتمع المالي العالمي ويسعدنا دعم حملة IOSCO 2022 WIW للمساعدة في تعزيز تثقيف المستثمرين حول العالم” “تتمثل إحدى ركائزنا الرئيسية في مجال الحوكمة البيئية والاجتماعية والمؤسسية في الترويج لمحو الأمية المالية بشكل أكبر، ونحن نعتقد اعتقادًا راسخًا أن الاستثمار في مجتمعاتنا المحلية لتوفير التعليم والموارد التجارية المسؤولة سيساعد المستثمرين على التخطيط لرفاههم المالي في المستقبل.”

قال جريج ووجيتشوفسكي، الرئيس التنفيذي لشركة BSX : “يسر BSX أن تشارك مرة أخرى في IOSCO WIW ، مع هدفنا هذا العام لتعزيز التفاعل والتواصل بين المُصدرين المُدرجين وأعضاء التداول والمساهمين والبورصة”. “تعتبر سياسات ESG من العوامل المهمة التي تزيد من قيمة المساهمين، وكجزء من جهودنا لتعزيز الاستدامة المالية، نحن نعمل مع أعضائنا والشركات المدرجة لتعزيز استخدام الاتصالات الإلكترونية مع المساهمين بشكل أكبر.”

تتوفر تفاصيل ومعلومات إضافية حول حملة IOSCO WIW لعام 2022 على موقع WIW الإلكتروني  www.worldinvestorweek.org معلومات عن WFE Ring the Bell for Financial Literacy 2022 متاحة على  https://www.world-exchanges.org/ring-bell-financial-literacy-2022 .

نُبذة عن شركة مياكس         

تمتلك شركة Miami International Holdings, Inc (MIH) . الشركة الأم القابضة لشركة MIAX ، شركة Miami International Securities Exchange, LLC بورصة ميامي الدولية للأوراق المالية ( MIAX  ®‎  )، وشركة MIAX PEARL, LLC ‎‎ (MIAX Pearl ® )، وشركة MIAX Emerald, LLC مياكس ايميرالد ( ‎‎‎ MIAX Emerald ® )، وشركة Minneapolis Grain Exchange, LLC بورصة مينيابوليس للحبوب ( MGEX ™)، وبورصة برمودا ( BSX ™).

MIAX و MIAX Pearl و MIAX Emerald هي بورصات وطنية للأوراق المالية مسجلة لدى هيئة الأوراق المالية والبورصات ( SEC ) والتي يتم تمكينها من خلال تقنية MIAX الملكية المدمجة داخل الشركة. تقدم MIAX تداول الخيارات في جميع البورصات الثلاثة بالإضافة إلى الأسهم النقدية من خلال MIAX Pearl Equities ™. تم بناء منصة تداول MIAX لتلبية متطلبات التسعير عالية الأداء لصناعة تداول الخيارات الأمريكية ويتم تمييزها حسب الإنتاجية والكمون والموثوقية وحتمية الأوامر السلكية. وتعمل MIAX أيضًا كمكان تداول حصري لخيارات التسوية النقدية على SPIKES® Volatility Index (رمز التداول: SPIKE ) وهو مقياس للتقلب المتوقع لمدة 30 يومًا في SPDR® S&P 500® ETF (SPY).

MGEX هي بورصة مسجلة لدى لجنة تداول العقود الآجلة للسلع ( CFTC ) وتقدم التداول في مجموعة متنوعة من المنتجات بما في ذلك العقود الآجلة للقمح الأحمر الصلب وتعمل أيضا كسوق حصرية لعقود SPIKES الآجلة. وتُعد بورصة مبنيابوليس للحبوب أيضًا سوق DCM ومنظمة DCO تابعة للجنة تداول السلع الآجلة، وتوفر سوقًا لـ DCM ومنظمة DCO وخدمات السوق النقدي في مجموعة من فئات الأصول.

BSX هي سوق أوراق مالية دولية متكاملة بالكامل، مقرها في برمودا ونظمت في عام 1971. BSX متخصصة في إدراج وتداول أدوات سوق رأس المال مثل الأسهم، وإصدارات الديون، والصناديق، وصناديق التحوط، وضمانات المشتقات، والأوراق المالية المرتبطة بالتأمين.

وتقع مكاتب MIAX التنفيذية ومركز العمليات الوطنية في برينستون، نيوجيرسي، بالإضافة إلى مكاتب ميامي، فلوريدا، مينيابوليس، مينيسوتا، وهاملتون، وبرمودا.

لمعرفة المزيد عن MIAX يرجى زيارة   www.MIAXOptions.com .

لمعرفة المزيد عن MGEX ، قم بزيارة   www.mgex.com .

لمعرفة المزيد عن BSX ، قم بزيارة   www.bsx.com .

إخلاء مسؤولية ومذكرة تحذيرية في ما يتعلق بالبيانات التطلعية

يجب ألا يشكل البيان الصحفي عرضًا للبيع أو التماسًا لعرض شراء أي أوراق مالية لشركة Miami International Holdings, Inc (جنبًا إلى جنب مع الشركات التابعة لها، “للشركة”)، ولا يشكل عرضًا، أو التماسًا، أو بيعًا في أي دولة أو ولاية قضائية يكون فيها هذا العرض أو الالتماس أو البيع غير قانوني. وقد يحتوي هذا البيان الصحفي على بيانات تطلعية، بما في ذلك البيانات التطلعية بالمعنى المقصود في قانون إصلاح التقاضي الخاص بالأوراق المالية لعام 1995. وتصف البيانات التطلعية التوقعات، أو الخطط، أو النتائج، أو الاستراتيجيات المستقبلية وتسبقها عمومًا كلمات مثل “قد”، “مستقبل”، “خطة” أو “مخطط”، “سوف” أو “ينبغي”، “يُتوقع”، “مسودة”، “في نهاية المطاف” أو “المتوقعة”. ويُعد هذا تحذير لك من أن مثل هذه البيانات تخضع للعديد من المخاطر والشكوك التي قد تتسبب في اختلاف الظروف، أو الأحداث، أو النتائج، المستقبلية اختلافا جوهريًا عن تلك المتوقعة في البيانات التطلعية، بما في ذلك المخاطر التي قد تؤدي إلى اختلاف النتائج الفعلية جوهريًا عن تلك المتوقعة في البيانات التطلعية.

وتظل جميع العلامات التجارية الخاصة بالطرف الثالث (بما في ذلك الشعارات والأيقونات) المشار إليها من قبل الشركة مملوكة لأصحابها المعنيين. وإذا لم يُحدد ذلك على هذا النحو، فإن استخدام الشركة للعلامات التجارية الخاصة بالطرف الثالث لا يشير إلى أي علاقة، أو رعاية، أو تأييد بين مالكي هذه العلامات التجارية والشركة. كما أن أي إشارات من قبل الشركة إلى العلامات التجارية الخاصة بالغير هي لتحديد سلع و/أو خدمات غير المقابلة، وتعتبر استخدامًا عادلًا رمزيًا بموجب قانون العلامات التجارية.

للتواصل الإعلامي:

آندي نيبو، نائب الرئيس الأول، ومسؤول الاتصالات

(609) 955-2091

anybo@miami-holdings.com

الشعار –  https://mma.prnewswire.com/media/1396492/MIAX_Logo.jpg

GMT Token builds data centers in Norway

SINGAPORE, Oct. 7, 2022 /PRNewswire/ — GMT Token’s team is expanding geographically and has launched a new data center in Norway.

GMT Token - Data Center in Norway

The new 20-MW data center is located near Oslo. One of GMT’s main goals is possessing the newest and most energy efficient equipment, so 2,950 new Antminer S19 miners have been installed. The number of miners at the data center is expected to increase. Because GMT strives to minimize any potential carbon footprint, the equipment will be operated by hydroelectric power.

The mining gear is located in a highly secure area with security and round-the-clock video surveillance. The miners will be cooled via an air ventilation system.

The team’s plans for 2023 are to expand and increase the company’s capabilities with Norwegian partners. In accordance with standard structures, the team will use a portion of the resources for social and environmental projects.

The temperature of the miners, for instance, is going to be maintained using cutting-edge immersion cooling. Hot water from the immersion cooling system will then be recycled for use in Norway’s agricultural sector, industrial and social programs.

Norway is one of the most environmentally friendly countries in the world. It is focused on green energy. Having a data center in this region helps to increase the project’s level of environmental friendliness and that of the crypto industry overall.

About GMT

GMT’s Certik-audited smart contract was created on April 26, 2021, with the firm launching its computing power-backed token. The project’s goal is to simplify the mining process for everyone by handling the logistics, providing around-the-clock uninterrupted service, and securing energy-efficient consumption costs. There are currently over 18,000 GMT token holders receiving daily bitcoin mining rewards without the hurdles of physically maintaining equipment. During the project’s existence, GMT has increased the hash rate of the device park from 100,000 TH/s to 735 000 TH.

https://token.gmt.io/

Media Enquiries:

Matthew Halford
pr@gmt.io

Photo – https://mma.prnewswire.com/media/1916181/Frame_270988587.jpg

Miami International Holdings Reports September 2022 Trading Results; SPIKES Futures and MIAX Pearl Equities Set Year-to-Date Volume Records

PRINCETON, N.J., Oct. 7, 2022 /PRNewswire/ — Miami International Holdings, Inc. today reported September 2022 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group), and Minneapolis Grain Exchange (MGEX™).

September 2022 Trading Volume Highlights

  • Total U.S. multi-listed options market share for the MIAX Exchange Group reached 11.63%, representing a 19.8% year-over-year (YoY) decrease. A total of 97.3 million multi-listed options contracts were executed on the MIAX Exchange Group, representing a 12.1% decrease YoY and an average daily volume (ADV) of 4,635,039 contracts. Total year-to-date (YTD) volume reached 961.2 million contracts, a decrease of 2.8% from the same period in 2021.
  • MIAX Options reported YTD volume of 403.5 million contracts, up 5.1% from the same period in 2021, with volume reaching 42.9 million contracts in September 2022, a 2.2% YoY decrease. MIAX Emerald reported YTD volume of 238.7 million contracts, a 12.7% decrease from the same period in 2021, with volume totaling 21.5 million contracts in September 2022, a 42.0% YoY decrease. MIAX Pearl reported YTD volume of 318.9 million contracts, a 3.8% decrease from the same period in 2021, with volume totaling 32.9 million contracts in September 2022, a 10.5% YoY increase.
  • In U.S. equities, MIAX Pearl Equities™ reported volume of 2.8 billion shares in September 2022, representing a 101.8% increase YoY and a record monthly market share of 1.16%. Total YTD volume reached a record 22.4 billion shares, a 268.1% increase from the same period in 2021.
  • In U.S. futures, MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported trading volume of 310,233 contracts in September 2022, a 4.3% decrease YoY. Total YTD volume reached 2,710,629 contracts, a decrease of 3.2% from the same period in 2021.
  • SPIKES® Futures volume totaled 134,932 contracts in September 2022, representing a 14.4% decrease YoY and an average daily volume of 6,425 contracts. Total YTD volume reached a record of 673,349 contracts, a 134.3% increase YoY.

Additional MIAX Exchange Group and MGEX volume details are included in the following tables.

Multi-Listed Options Trading Volume for

 MIAX Exchange Group, Current Month

Year-to-Date Comparison
Multi-Listed Options Contracts Sep-22 Sep-21 % Chg Aug-22 % Chg Sep-22 Sep-21 % Chg
Trading Days 21 21 23 188 188
U.S. Equity Options Industry 837,127,631 763,992,378 9.6 % 845,104,433 -0.9 % 7,122,932,919 6,896,676,100 3.3 %
MIAX Exchange Group 97,335,822 110,782,472 -12.1 % 108,079,977 -9.9 % 961,153,836 989,154,877 -2.8 %
MIAX Options 42,928,688 43,883,693 -2.2 % 46,972,524 -8.6 % 403,545,842 384,130,954 5.1 %
MIAX Pearl 32,881,438 29,760,494 10.5 % 35,696,808 -7.9 % 318,918,226 331,491,709 -3.8 %
MIAX Emerald 21,525,696 37,138,285 -42.0 % 25,410,645 -15.3 % 238,689,768 273,532,214 -12.7 %
Multi-Listed Options ADV Sep-22 Sep-21 % Chg Aug-22 % Chg Sep-22 Sep-21 % Chg
U.S. Equity Options Industry 39,863,221 36,380,589 9.6 % 36,743,671 8.5 % 37,887,941 36,684,447 3.3 %
MIAX Exchange Group 4,635,039 5,275,356 -12.1 % 4,699,129 -1.4 % 5,112,520 5,261,462 -2.8 %
MIAX Options 2,044,223 2,089,700 -2.2 % 2,042,284 0.1 % 2,146,520 2,043,250 5.1 %
MIAX Pearl 1,565,783 1,417,166 10.5 % 1,552,035 0.9 % 1,696,374 1,763,254 -3.8 %
MIAX Emerald 1,025,033 1,768,490 -42.0 % 1,104,811 -7.2 % 1,269,626 1,454,959 -12.7 %
Multi-Listed Options Market Share for

MIAX Exchange Group, Current Month

Year-to-Date Comparison
Multi-Listed Options Market Share Sep-22 Sep-21 % Chg Aug-22 % Chg Sep-22 Sep-21 % Chg
MIAX Exchange Group 11.63 % 14.50 % -19.8 % 12.79 % -9.1 % 13.49 % 14.34 % -5.9 %
MIAX Options 5.13 % 5.74 % -10.7 % 5.56 % -7.7 % 5.67 % 5.57 % 1.7 %
MIAX Pearl 3.93 % 3.90 % 0.8 % 4.22 % -7.0 % 4.48 % 4.81 % -6.8 %
MIAX Emerald 2.57 % 4.86 % -47.1 % 3.01 % -14.5 % 3.35 % 3.97 % -15.5 %
Equities Trading Volume for

MIAX Pearl Equities, Current Month

Year-to-Date Comparison
Equities Shares (millions) Sep-22 Sep-21 % Chg Aug-22 % Chg Sep-22 Sep-21 % Chg
Trading Days 21 21 23 188 188
U.S. Equities Industry 239,417 222,241 7.7 % 243,296 -1.6 % 2,276,370 2,181,472 4.4 %
MIAX Pearl Volume 2,784 1,379 101.8 % 2,396 16.2 % 22,408 6,087 268.1 %
MIAX Pearl ADV 133 66 101.8 % 104 27.2 % 119 32 268.1 %
MIAX Pearl Market Share 1.16 % 0.62 % 87.4 % 0.98 % 18.1 % 0.98 % 0.28 % 252.8 %
Futures & Options Trading Volume for

MGEX, Current Month

Year-to-Date Comparison
Futures & Options Contracts Sep-22 Sep-21 % Chg Aug-22 % Chg Sep-22 Sep-21 % Chg
Trading Days 21 21 23 188 188
MGEX Futures Volume 310,233 324,299 -4.3 % 376,441 -17.6 % 2,710,629 2,800,181 -3.2 %
MGEX ADV 14,773 15,443 -4.3 % 16,367 -9.7 % 14,418 14,895 -3.2 %

About MIAX

MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), and The Bermuda Stock Exchange (BSX™).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all three exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism. MIAX also serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures and also serves as the exclusive market for SPIKES Futures. MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and cash market services in an array of asset classes.

BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.

MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional offices located in Miami, FL, Minneapolis, MN, and Hamilton, Bermuda.

To learn more about MIAX visit www.MIAXOptions.com.

To learn more about MGEX visit www.mgex.com.

To learn more about BSX visit www.bsx.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements

The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
anybo@miami-holdings.com

Logo – https://mma.prnewswire.com/media/1396492/MIAX_Logo.jpg

 

Crowdworks introduces a new data annotation platform “Workstage” at GITEX2022

SEOUL, South Korea, Oct. 7, 2022 /PRNewswire/ — Crowdworks (CEO Park Min-woo), Korea’s leading Artificial Intelligence (AI) training data platform company, will be exhibiting its new data annotation platform – Workstage – at the ‘2022 Dubai Information and Communication Exhibition’ (GITEX Global 2022).

Built with over one hundred patented technology, Workstage holds and utilizes 5 years of accumulated behavioral data from 400,000 crowd workers, and is designed to maximize the data annotation work productivity by 5 folds – when compared to an in-house approach.

So far, Crowdworks was named a Sample Vendor in the 2022 Gartner Hype Cycle for Data Science and Machine Learning 2022, completed its first US patent registration this year, and has started making its appearance on the global stage under its global brand – Workstage.

Crowdworks is actively expanding its global influence including the MENA (the Middle East and Africa). Park Min-woo the CEO says, “As competition in the domestic and global data labeling market intensifies, it is essential to secure technology-oriented competitiveness. As we have led the development of Korea’s AI industry, we will once again prove its technological prowess in the Middle East, the center of the emerging AI industry.”

On the other hand, GITEX is the largest technology exhibition in MENA sponsored and hosted by the UAE Prime Minister and the AI Minister, respectively. Being recognized as “the new oil” in UAE, the AI industry is fully supported at the national level to be developed even further – attracting pioneers and major leagues in AI from all around the globe.

About Crowdworks

Crowdworks is the largest AI training data annotation solution provider in Korea since 2017. Crowdworks’ AI training data annotation platform ‘Workstage’ delivers qualified AI training data collection and annotation to accelerate AI development for corporations from a wide range of industries including automotive, healthcare, and manufacturing.

www.crowdworks.kr / www.workstage.com  Follow us on LinkedIn.

Logo – https://mma.prnewswire.com/media/1864372/CW_logo.jpg

Tax hikes rattle businesses in Sudan

The Sudanese ministry of finance recently decided to increase taxes on traders and stressed that this decision would not lead to a hike in inflation in the country.

 

What happened? Fuel companies and service stations in Sudan stopped working for two days, 2-3 October, in a row leading to traffic jams as cars lined up in long queues at a handful of government-owned stations that are still operational including Bashayer, Nabta, and Nile.

 

Private gas stations on the other hand are on strike joining a wave of closures by other lines of businesses in different parts of the country to protest high tax bills.

 

Sudan Tribune conducted a tour and witnessed several gas stations in Khartoum that were completely shut down.

 

How did it start? Owners of gas stations put the blame squarely on tax authorities. “It was the tax administration that got us here and pushed us down the path of strike,” said one.

 

The common complaint was that their tax bills increased by as high as 100% over the 2021 estimates. They failed to reach a compromise with the finance ministry.

 

Is civil disobedience in the works? Since last Tuesday the markets in the city of el-Obeid city and other major cities in the state of North Kordofan started a complete closure of wholesale and retail shops irking local residents in these areas.

 

“The closure extended to groceries and retail stores that operate within neighbourhoods. It was a total strike, and it became difficult to obtain our daily needs of commodities,” said Omer Rabah, who lives in Tandalti town.

 

“The tax imposed on me exceeds the total capital that I work with. When I rebutted using my financial data and records that I submitted to the tax office at their request, an employee told me in an informal way that the data that taxpayers submit is a mere formality and tax employees often don’t look at it when making their tax assessments,” added another trader in the city who spoke to Sudan Tribune over the phone.

 

 

Economic experts say that the 2022 budget set a ceiling for tax revenues of about 1.943 billion Sudanese pounds which is an increase of 145% over the 2021 budget. Tax revenues represent about 58% of total revenues.”

 

But tax officials argue that the increases are in line with the state of inflation in the country and that price levels have been steadily rising which suggest an increase in profits.

 

One tax employee, who spoke to Sudan Tribune on condition of anonymity said: “It is not true that the increase amounted to 600% in some cases. The largest increase was placed on the manifest for transport vehicles which is far less than that percentage”.

 

“The rate of increase in value-added tax for this year amounted to 17% instead of 10% and has been stable over the past years,” he added.

 

Merchants in the al-Sajana market reject this claim and say that taxes utilize illegal and illogical tactics as they use exorbitant estimates and aim to drag business owners into bargaining with the committees they form to appeal which end up agreeing to a smaller tax bill but still not commensurate with the volume of business.

 

“The tax collectors descend on us with policemen, and they force you to make a choice; either pay or shut down,” says the one steel factory dealer in al-Sajana. “To even qualify for appeal you must pay 50% of the estimated tax bill upfront and sometimes this is not possible.”

 

Tax officials who spoke to Sudan Tribune acknowledged the impact of the tax increases on the deteriorating economic situation, especially on the weaker segments of society.

 

This comes at a time when Sudan is at the bottom of the list of countries where per capita GDP has decreased and according to the EconWatch list.

 

The per capita GDP in US dollars dropped by 76% since 2017 and Sudan ranked 164 out of 165 countries on the list.

 

 

Source: Sudan Tribune

Doha meeting for Sudanese civil actors proposes plan to unite political forces over transitional agenda

Sudanese civil society actors agreed in a meeting held in Doha to adopt a roadmap to bring together the divided-political forces, saying their unity is key to restoring democratic transition.

 

The two-day meeting, which is facilitated by the Center for Conflict and Humanitarian Studies (CHS) in Doha, mainly gathered Sudanese civil society activists, academics and journalists on October 4-5.

 

The participants discussed the national crisis and failure to reach a social contract; peace, justice, the aftermath and risks of the military coup of October 25, 2021, as well as ways to develop a roadmap for democratic transition.

 

Bakry Eljack, a Sudanese visiting researcher at the CHS who led the organization of the meeting told Sudan Tribune that the ultimate purpose of the round-table was to discuss the issues that caused the current stalemate and develop a roadmap that paves the way to unify pro-democracy forces around a vision and concrete plans regarding democratic transitions.

 

Eljack added that having a unified vision and a clear agenda for the transition is a necessity for the pro-democracy groups, whether they reach a negotiated political settlement with the coup leader or manage to take control of the state and assume power.

 

“Such a vision with its programs rules out competition among civilians for power and mitigates further fragmentation among them,” he pointed out.

 

“At least they can say we have one goal, but we might have multiple means and ways to reach this goal. Currently, they do not appear to have the same goal because they are investing in expanding their differences as well as increasing animosity among them based on false perceptions and narratives about each other,” he further stressed.

 

The Sudanese academics, intellectuals and civil society discussed how to help civilian groups to reach a common understanding to achieve a democratic transition in Sudan.

 

 

“It is a really, just a beginning and the meeting went well,” he said.

 

 

“The participants come up with a diagnosis and eventually an action plan for the next groups to come and design a hope and a vision for how we approach democratic transition,” Eljack further disclosed.

 

The CHS plans to organize a series of meetings in the coming weeks in Doha for the Forces for Freedom and Changes, Resistance Committees, professional groups and signatories of the Juba peace agreement to discuss an exit from the protracted crisis.

 

According to Eljack, this effort is not an attempt to hijack, derail or compete with the process facilitated by the Trilateral Mechanism with the support of the international community and the region.

 

“What we are trying to do is create a broad consensus that gives civilian forces the acceptance and legitimacy to be able to govern,” he emphasized.

 

The tripartite facilitation panel of the UNITAMS, African Union and IGAD aims to facilitate an intra-Sudanese dialogue to agree on a transitional constitution enabling the restoration of the civilian-led transition.

 

 

 

Source: Sudan Tribune