Omer Hassan Ahmed Al-bashir Dr. Mohammed Khair Al-Zubair Mr. Osman Hamad Mohamed Khair

62 Pages·2015·5.19 MB·English

His Excellency
Omer Hassan Ahmed Al-bashir
President of the Sudan
Dr. Mohammed Khair Al-Zubair
Acting Chairman of the Board
Mr. Osman Hamad Mohamed Khair
The General Manager
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ANNUAL REPORT 2013
Address:
Khartoum- Sudan- Albaraka Tower – tenth Floor
P.O. Box:
10835 Khartoum
Fax:
[phone]
Website:
www.kse.sd
Email:
Ksestudies@ hotmail.com
Telephones:
Call Box: [phone] / [phone]
General Manager [phone]
Deputy General Manager [phone]
Companies and Issues [phone]
Studies & Information [phone]
Administrative Affairs [phone]
Legal Affairs [phone]
Brokers & Trading Floor Affairs [phone]
Inspection & Audit [phone]
Financial department [phone]
Internal Auditing [phone]
Central Depositary & Saving [phone]
IT department [phone]
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Index
1. Future Vision…………………………………………………………………………………………………. 7
2. Message……………………………………………………………………………………………………….. 7
3. KSE Objective………………………………………………………………………………………………… 8
4. The Speach of general Manager……....……………………………………………..…………… 9
5. Major Indictors of Sudan’s Economy During 2013 ……..…………………................. 10
6. Establishment and development And the most important periods for KSE ………... 11
7. Market Statistics…………………………………………………………………………………………… 13
8. Market activity by sector in 2013………………………………………………………………….. 27
9. Brokerage Companies…………………………………………………………………………………..59
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ANNUAL REPORT 2013
Chairman of the Board:
Dr. Mohamed Khair Alzubair
Acting chairman of the board
Mr. Osman Hamad Mohamed Khair
The General Manager
Board Members:
mis. Alsham Abdellah Abdellah
Mis. Muna Al tahir A. Alrahaman
Mr. Musaad Mohamed Ahmad
Dr. Kamal Jad Kareem
Dr. Hamid Alamin Ahmed
Mr. Khalid Seed Ahmad
Mr. Bdr Aldin Qurashi
Mr. Fadi Fagih
Mr. Mohamed Salih Hasanain
Dr. Ahmed Mansour EL-Agab
Mr. Sulaiman Mohamed Ahmed
Dr. Mohamed Yousif Ali
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The Executive Management
The general manager
Mr. Osman Hamad Mohamed khair
Legal Advisor
Mr. Mohamed El- Mustafa Musa
Heads sectors
Mr. Magdi Mohammed EL-Hassan Mr. A.Rhman A.Majeed (Nadir)
Head of Marketing, Research & Development Head of markets
Mrs. Huda Ahmed Alsid
Head of the Administrative, Finance & services
Departments Managers
Inspection & Audit manager Mr. Mohamed Ibn Alhaj mohamed
Mr. Saeed Alimam Hannan Companies & Issues Manager
Miss. Manahil Yousif Mohamed Yousif Mr. Hisham El-Tayeb Mohammed
Studies & Information Manager Brokers & Trading Floor Affairs Manager
Mr. Jamal Gareeb Allah Mrs. Huda Ahmed Alsid
Central Depositary & saving Manager Financial Manager
Administration Manager Mrs. Mison Ali Adam
Mr. Ahmed Ebrahim Nori Internal Auditing manager
Mr. Altaib Algalee Altaib Mr. Talal Omer Abu Hassan
T Department Manager Marketing manager
Mrs. Imama Alsheikh Al A Main
Human resource Manager
Shariaa Advisory Board Members
Prof. Mohammed Alhassan Brema Dr.Ahmed Ali Abdallah
Member Chairman
Mr. Osman Hamad Mohamed khair Dr.Mohammed Ali Yosif
Member & Raporteur Member
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ANNUAL REPORT 2013
Future vision
Upgrade the financial industry in the Sudan through:
• Dissemination and promotion of financial literacy in
the country.
• Governance the performance of Sudanese financial
markets.
• Promote the economic development of the country.
• Take advantage of financial investment opportunities
available locally, regionally and globally.
• Build and strengthen linkages between local
institutions and Regional and international ones.
• Building a fair, efficient and transparent market.
Message
To play a key role in the financial industry through the
provision of services and financial products, innovative
and quality, professionalism and credibility in the coming
years through a comprehensive reform in the financial,
administrative, technical and legal with a view to
establishing a functioning market that seeks to strengthen
its role in the structure of economic development and the
safety of investors and dealers in it.
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KSE objectives
Khartoum stock exchange act stated that the market has the following proposes:
• Regulate and control the issuance and dealing in buying and selling.
• To encourage saving and investment awareness among citizen and Sudanese economy.
• Work to expand and strengthen the private ownership of productive assets in the national
economy and the transfer of public ownership of capital assets of the state to wider national
groups.
• Develop and market development issue by organizing and monitoring securities issues
and determine the conditions and requirements to be met in the press release on the
introduction of securities for public subscription by the public.
• Strengthen the foundation for proper handling and equitable between the categories
of investors and ensure equal opportunities for dealers in securities to protect small
investors.
• Propose how to coordinate the financial statements, monetary and capital movement,
and policy oversight for the development of sources of financing medium and long term in
Sudan in order to achieve financial and economic stability in Sudan and then achieving the
goals of economic development.
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ANNUAL REPORT 2013
The Speech of KSE General Manager
2013 is considered as a unique and historical year for Khartoum Stock Exchange (KSE). It is the
first year of the beginning of electronic trading system. Trading rates have risen, the number
of transaction is doubled and this is due to the effectiveness of the electronic trading system
which carried along with it several transformations that have made radical changes in KSE’s
activity as well as supporting its march towards bright and pioneering future to keep up with
the regional, international and the Arabic stock exchanges. It’s also encourage KSE to think to
establish new markets that were not available when KSE adopting manual trading system such
as goods market, minerals market (gold), For-ex market and real estate market. Also, KSE did a
cross listing with regional and Arabic stock exchanges.
We live in the age of technological and scientific development, where the road to succeed in
the stock markets lies in the ability to implement the electronic systems. Therefore, since the
changes in the technological and economical fields are going in successive steps, the market
had to upgrade its systems continuously to be able to work under the intense competition in
international stock exchanges.After applying the Electronic trading system, the market has
become a leading front of the investment in Sudan, as it is considered as the fundamental base
for economic growth. To achieve this goal, all the preliminary stages of the implementation
has been prepared for practical execution so as the electronic system becomes alternative to
the traditional manual system which does not meet the requirements of the next stage. In this
regard, the trading hall has been equipped in the best way and the hard-wares and soft-wares
of electronic trading that were given to us by Muscat trading markethave been installed.We
express our sincerest gratitude and respect for the great support they provided in training all
the employees of the Khartoum stock exchange and some members from financial brokerage
firms on how does electronic transactions work.
The second stage of the development and renovation process, on the other hand, will include
establish bank for the transactions settlement.And, the third step is to link the brokerage
companies and their customers with the electronic system to be able to conduct their
transactions from their premises without incurring the rigors of attendance to the KSE halls
to do these transactions. In addition to the electronic trading, the management council has
approved a number of the organizing guidelines of the market’s activity to be considered in
the next stage. Furthermore, a draft of a new law to Khartoum Stock Exchange market has
been set ,in addition there is another law for the market regulation body which will take over
the supervision, control and development processes of the KSE and the other markets that
are anticipated to be born after the approval of this low which is now in front of the ministers’
council to be approved and then passed through the parliament for its final approval.
Finally,we assure our relentless pursuit to serious working and making every effort in order to
move the market forward for the benefit of the country and the citizens.
Thank you,
Osman Hamad Muhammad Khair
General Manager
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MAJOR INDICTORS OF SUDAN’S ECONOMY DURING 2013
 Major indicator in Sudanese economy is the fast that the population
reached by end of 2013, (36163.8) thousand people.
 The GDP went up from SDG (243,412.9) million compared with SDG
(294,630.2) million in 2013, at the rate of growth (2.89%), the contributions
of the sectors to the GDP are as follows:-
 The agricultural sector (33.8%) Compared with (33.1%) during 2012.
 The industrial sector (16.5%) compared with (16.7) during 2012.
 The services sector (6.2 %) compared with (6.3%) during 2012.
 It could be while that the contributing of both the agricultural and industrial
sectors went up, while there has been decrease in the of services sector
during 2012.
 As For the inflation rate, the average rate of inflation during 2013 reached
37.1% by the end of 2013, compared with 35.1% of average rate during
2012.
 The average of exchange rate of the Sudanese pound against the euro
by the end of the year stood at 5.6958 compared with an average of
4.41pound during the year 2012.
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