Afghan Business
Back to homepageShahtoot Dam to Provide Drinking Water to Two Million People in Kabul
The Indian government will fund construction of the Shahtoot Dam in Kabul to provide drinking water facility in the Afghan capital. An agreement to that effect was signed between India’s external affairs minister S Jaishankar and his Afghan counterpart Mohammad
Read MoreAfghan Government Collects Over 4 Billion AFN in Revenue from 10% Telecom Tax
The Afghanistan Telecommunication Regulatory Authority (ATRA) has collected 4.6 billion Afghani from the 10% tax on telecom services this year. This year’s revenue figure is 300 million Afghanis more compared to the previous year, according to ATRA head Umar Mansour
Read MoreAfghanistan Ships 50 Tonnes of Dried Fruits to Canada via Land
Afghanistan sends off 50 tonnes of dried fruits worth more than $500,000 from Kabul to Canada through land for the first time. With an estimated delivery of 40 days, the shipment will first reach Turkey from Uzbekistan and then depart
Read MoreNgozi Okonjo-Iweala Becomes the First Black Woman to Lead WTO
Ngozi Okonjo-Iweala is appointed to lead the World Trade Organization, making her the first women and the first African to occupy the position. “Dr. Okonjo-Iweala brings a wealth of knowledge in economics and international diplomacy from her 25 years with
Read MoreAfghanistan Receives Its First Batch of New Banknotes from Poland
The Polish Embassy in India announced that it had handed over the first batch of new banknotes to the Afghan government last week. In a statement, the Polich Embassy said that the banknotes are produced with new technology and anti-pollution
Read MoreSmart Traffic Lights to be Installed in Kabul
Kabul Municipality says that in order to solve the challenge of the capital’s traffic congestion, smart traffic lights will soon be installed at the city’s busy crossroads. The municipality had announced last year that it had rolled out the plan to
Read MoreFirst Rice Processing & Packaging Factory Opens in Laghman
The Afghan Ministry of Commerce and Industry announced the opening of the first rice processing and packaging factory in Laghman province. The factory has the capacity to process and package 75 tonnes of rice in 24 hours. According to the
Read MoreAfghanistan, Pakistan, Uzbekistan Approve Roadmap for Key Railway Line
Afghanistan, Pakistan and Uzbeksitan have approved a roadmap for the Mazar-e-Sharif-Kabul-Peshawar railway line on Tuesday in Tashkent, Uzbekistan. The Afghan delegation in the landmark event for signing of the roadmap was led by Foreign Minister Haneef Atmar. In his tweet
Read MoreAfghan Gov’t Allocates About $900mn for Code 22
The Afghan government has allocated a budget of USD 893mn for Code 22, which is used for the purchase of furniture and food, travel expenses and maintenance of buildings, vehicles and equipment of government offices. This year’s budget has not
Read MoreGlobal Cooperation Needed for Swift Worldwide Vaccine Rollout
Decisive government actions are necessary to ensure swift and extensive vaccine rollout, protect the most vulnerable households and otherwise viable firms, and foster a durable and inclusive recovery, the International Monetary Fund (IMF) said Thursday. “The COVID-19 pandemic is accelerating
Read MoreAfghanistan Generates 4.2 Billion AFN in Revenue from 95 Mining Contracts
Afghan Minister Mohammad Haroon Chakhansuri said the Afghan government generated 4.2 billion Afghanis in revenue from 95 mining contracts. He also announced that the Afghan government has signed and processed 37 small-scale mining licenses this year. These licenses include mining
Read MoreAfghanistan Achieves Self-Sufficiency in Production of 56 Types of Goods
The Ministry of Industry and Commerce has announced that the level of domestic production has increased in the country this solar year, despite the restrictions caused by COVID-19. Afghanistan is now able to produce 56 out of 100 essential consumer
Read MoreChina Remains World’s Largest Trading Nation Despite COVID Challenges
China’s foreign trade accounted for 12.8 percent of the world’s total during the first 10 months of 2020, rising from 11.9 percent in 2015 and hitting a historic high, said Ni Yuefeng, head of the General Administration of Customs (GAC).
Read MoreAnalysis of Issuing Multiple Tax Identification Numbers (TIN) in Afghanistan
Tax Identification Numbers have different names in different countries around the world (for example, in the UK, it is known as Unique Taxpayer Reference (UTR). However, it is considered international best practice that a tax resident in any country should
Read MoreEntrepreneur of the Month: Adela Sanglakhi
Adela Sanglakhi is a 25-year old entrepreneur from Kabul who owns a startup called Afghan Girls. Her company employs 85 women in Kabul, Paktia, Maidan Wardak, Logar, Daikuni, Ghazni, Balkh, Baghlan, Takhar and Bamyan. It has 12 female employees in
Read MoreSouth Korea Eyes Investment Opportunities in Afghanistan
In a meeting with Afghan Vice President Amrullah Saleh, South Korean Ambassador to Kabul Choi Taeho expressed his country’s interest in investing in Afghanistan. The two parties met in Kabul to discuss and exchange views about the peace process and
Read MoreNew Cold Storages in Laghman Boost Onion Cultivation by 10%
The Afghan government has built 190 cold storages for onion in eastern Laghman province as part of the Agricultural Products’ Management project. Built at a cost of 72 million Afghanis, the new cold storages can store thousands of metric tons
Read MoreInternational Taste Institute Ranks Afghan Saffron Number 1
Afghan saffron once again wins the the number rank in the world for its taste among dozens of countries. The International Taste Institute has granted the Afghan Saffron Company the 2020 Diamond Taste Award decided by a jury of the
Read MoreHerat Exports $16 Million Worth of Cumin Worldwide
Herat exported 9,857 tonnes of green cumin and 94 tonnes of black cumin to various countries this year, according to Afghanistan Chamber of Commerce and Investment. Compared to last year’s 2,540 tonnes of green cumin and 20 tonnes of black
Read MoreEconomic Cooperation around Afghanistan; Cooperation or Competition between Stakeholders
This research paper is authored by Sayed Mahdi Munadi. To download the full paper click here. AbstractTwo important corridors from Central and South Asia, Belt and Road Initiatives (BRI) and China-Pakistan Economic Corridor (CPEC) pass from two sides of Afghanistan’s
Read MoreJalalabad Airport Operates Its First Civilian Flight After 18 Years
Jalalabad aiport had its first civilian flight from Kabul on Thursday, said Nangarhar aviation officials. This was a test flight that successfully landed and marked the province’s first civilian flight after foreign troops handed over the facility to Afghan authorities.
Read MoreAfghan Women Business Owners to Receive Lands in Kabul
Afghan government will distribute lands to Afghan women business owners, according to Afghan Women Chamber of Commerce and Industries (AWCCI). In a meeting between AWCCI Chief Manizha Wafeq and President Mohammad Ashraf Ghani, President Ghani said women business owners will
Read MorePine Nut Processing Factory to Open in Paktia Province
A pine nut processing factory, costing USD 7 million, is soon going to be established in the eastern Paktia province. According to Tolo News, a local investor is investing in the factory to help boost export of pine nuts and
Read MoreAfghanistan’s Rice Harvest Reaches 440,000 Tons in 2020
Afghanistan’s overall rice yield has reached 440,000 tons in 2020, indicating a 15% rise from last year’s harvest. The figures are based on a survey conducted by the Central Statistics Bureau and the Ministry of Agriculture, Irrigation and Livestock (MAIL)
Read MorePakistan Refuses Access to India Through Wagah Border
Afghanistan and Pakistan are expected to ink the fresh Afghan Transit Trade (ATT) agreement and the Preferential Trade Agreement (PTA) by the end of January 2021. However, Islamabad has refused to allow access to India through Wagah border. “We hope
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