KHARTOUM – The Central Bank of Sudan has officially suspended twenty local and foreign companies from export activities after they failed to repatriate export proceeds in line with banking regulations, in a move aimed at tightening oversight and promoting financial transparency amid worsening economic pressures.
The decision, described as a regulatory measure to reinforce compliance with foreign exchange laws governing export revenues, was detailed in an official circular issued by the bank.
According to the statement, the suspension followed a series of supervisory reviews and detailed reports confirming that the companies violated export‑revenue repatriation rules. The Central Bank said the breaches represented a “clear violation” that required regulatory intervention.
Among the companies named were two well‑known market players — Amtaar Company and MOB Company, the latter affiliated with a major economic conglomerate operating across multiple sectors in Sudan.
The move comes as part of the Central Bank’s ongoing efforts to stabilize the currency market and ensure exporters return their earnings within the legally mandated timeframe. It also reflects a wider policy drive to enhance accountability and transparency within the export sector, a cornerstone of Sudan’s fragile economy.
