Gold Market in Kassala State Launch
Sudan Events – Rehab Abdullah
Today (Monday), an agreement was signed by the Secretariat of the Kassala State Government between the state government, represented by the Ministry of Finance and Manpower, and Omer Mohammed Mahmoud, the owner of the real estate of establishing a gold trading market in Kassala State.
The acting governor of Kassala State, Mohammed Musa Abdul Rahman, explained after the signing ceremony that the trading of gold in Kassala through specialists will make the state of Kassala a popular market for trading in ore gold, stressing that the state will witness an expansion in revenue channels by increasing gold resources and providing financial resources that will address many problems in the state, particularly the salaries of workers, in addition to the possibility of exporting gold outside Kassala and ensures its presence in the foreign gold market.
For his part, the Minister of Finance and Manpower, Musa Mohammed Oshaik, revealed that the daily trading volume of gold in Kassala ranges between 38 kilograms to 50 kilograms, and this is considered a large quantity for trading, which requires dealing with it in a scientific and professional manner, adding that the project came as a result of an idea that came from the Sudanese Mineral Resources company calling for the need to create a gold exchange in the state as an alternative to the Khartoum State Stock Exchange due to the war, pointing to the benefits that will be achieved from the presence of a gold market in the state, including reducing gold smuggling and providing financial resources that can address many of the problems in the state, the most important of which are workers’ salaries and financing development projects. .
