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Military Uniform Company Near Collapse

By Zabiullah Jhanmal-Tolo News An Afghan private company which produces military uniforms and boots is close to collapse after it failed to win the army’s military uniform contract, owners said. The factory had employed more than 1,000 personnel – mostly

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Citizens Call on Govt to Reduce Fuel Prices

By Zabiullah Jhanmal- Tolo News Kabul citizens have called on the government to do more to bring down fuel prices, especially that of gas, saying that the Ministry of Commerce and Industries should encourage more gas sellers to bring down

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“High-ranking government officials have requested a salary raise”

The proposal for salary raise to be granted to a number of high-ranking government officials, including President Hamid Karzai, is received with serious criticisms from the Parliament. The government has requested a salary raise of 480,000 AFN monthly for President

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Two months deadline given for Afghan businesses to get insurance

Afghan Ministry of Finance issued a two-month deadline for all commercial businesses in the country to get insurance in order to be able to operate in the country. The Cabinet of Ministers decided to enforce mandatory insurance law for all

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Germany to fund wind power plans in Afghanistan

The German government has pledged to provide financial aid for the establishment of wind power plans in Afghanistan. An agreement has been signed for this matter between Afghan Minister of Energy and Water Mohammad Ismail Khan and Germany’s David Hanckock,

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Australia toughening Iran sanctions

The Age- By David Wroe Australia will beef up its sanctions against Iran over the Middle Eastern nation’s nuclear ambitions, with new curbs on natural gas trade and banking. Foreign Minister Bob Carr announced Thursday that new sanctions would be

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Afghanistan investment up by 26% in 2012

According to the Afghan Investment Support Agency (AISA), investment in Afghanistan by domestic and foreign companies hit USD 585mn compared to last year’s USD 463mn, reflecting an increase of 26%. The increase comes mostly from the aviation, industrial, agricultural and

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Finance ministry generates USD 1.5bn revenue in 9 months

The Ministry of Finance has reported revenue of USD 1.5bn generated from direct and indirect taxes, sale and rent of land, buildings and customs during the first nine months of the current afghan calendar year. Ministry’s spokesman, Wahidullah Tawhidi, link

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