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Safi Airways adds two new aircrafts to its fleet

In a bid to expand its services, Safi Airways have added two planes in the company’s fleet. According to the officials, the planes would be introduced on the Islamabad-Dubai route. The Afghan government and the Afghanistan Chamber of Commerce and

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Afghanistan’s Accountants and Auditors Association Established

By Mohammad Naeem: The Afghanistan Accountants and Auditors Association (AAAA) has been established with an aim to bring transparency and accountability in the private entities in Afghanistan. This association aims to promote audit practices in the private organizations as well

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Factories on the verge of collapse in Herat province

The Afghanistan Chamber of Commerce and Industries (ACCI) have expressed concerns over the fate of Afghan factories in Herat industrial park. ACCI Deputy Chairman Khan Jan Alokozai alleged that neighboring countries were behind undermining some Afghan factories by selling poor

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40% increase in Afghanistan’s exports during the first quarter

According to the Afghanistan Chamber of Commerce and Industries (ACCI), Afghanistan’s exports have increased by 40% during the first quarter of the current financial year (1392). Reduction in natural disasters and transit problems at the border accompanied by higher production

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Afghan traders face attacks on the Kabul-Kandahar highway

Traders have informed the Wolesi Jirga about the onslaughts on the Kabul-Kandahar highway that have resulted in the death of 6 drivers and burning of 250 trucks with commercial goods over the past 6 months. According to the Pajhwok Afghan

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US traders evince interest in investments in Balkh

American entrepreneurs expressed their interest in investments in Mazar-e-Sharif, the capital city of northern Balkh province, at a meeting of traders held by the provincial chapter of the Afghanistan Chamber of Commerce and Industries (ACCI). Addressing the meeting, ACCI head

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Khyber Pakhtunkhwa imposes tax on Afghan transit goods against the trade accord

The Khyber Pakhtunkhwa (KP) has announced its decision of imposing one percent tax on Afghan transit trade goods that would be used to construct the Peshawar-Torkham road. The Afghanistan Chamber of Commerce and Industries (ACCI) strongly reacted to the KP

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Afghan Insurance Commission making efforts to institutionalize insurance

The Afghan Insurance Commission of the Ministry of Finance has undertaken public awareness programs in a bid to develop insurance culture among the general public and to institutionalize insurance in the country. As part of their efforts, the Commission has

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Ministry of Justice has not sent the new Mines Law to the Parliament

The Ministry of Justice has not sent the draft of the new Law on Mines to the Lower House of the Parliament, while it had promised to do so two weeks ago. The strong advocates of the new Law—The Afghanistan

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ACCI survey reveals more than 50% of Afghan private firms are optimistic about future

According to a survey conducted by the Afghanistan Chamber of Commerce and Industries (ACCI), 57% of Afghan private firms were optimistic about their future in Afghanistan. ACCI Chief Mohammad Qubran Haqjo said more than 900 officials at small, medium and

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3 more insurance companies to open in Afghanistan

Insurance Department of the Ministry of Finance announced Sunday that three more insurance companies are going to start operating in Afghanistan. This comes amid concerns about the underdeveloped situation of the insurance sector. Addressing a training workshop in Kabul on

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Prices of raw materials in Afghanistan on the rise amid high tariffs

The Afghanistan Chamber of Commerce and Industries (ACCI) urged the government to bring down the tariffs level on raw materials. The prices of raw materials have increased by 25%, raising concerns among the traders and consumers. “The government levies taxes

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Traders strike in Herat province

Traders in Herat province protested against the Council of Ministers’ decision on the collection of municipality taxes from Afghan traders at cities’ entry points. They said the decision denotes the extent of corruption that exists in Afghanistan and warned they

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Turkey and Afghanistan sign an agreement on trade fairs

Afghanistan inked accord with Turkey on trade fairs that enable the two countries to conduct trade fairs on each other’s soil. The agreement was signed on Tuesday between the Chief of Afghanistan Chamber of commerce and Industries (ACCI) Mohammad Qurban

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Afghan traders accuse the government for the soaring prices

In retaliation to the government’s decision on the collection of taxes at entry points, Afghan traders protested and halted supplying goods to major cities. The number of trucks stranded at the gates has increased from 3000 to 6000, according to

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Nationwide protest to follow if octroi is not abolished-ACCI

The Afghan Chamber of Commerce and Industries warned nationwide protests would spark, if the government did not remove octroi. Octroi is a tax levied on various goods entering a town or city. The Cabinet recently decided to collect taxes from

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ACCI calls for the establishment of a steel plant

The Afghan Chamber of Commerce and Industries urged the government to allow for the steel plant to grow by making the iron ore extracted from Afghan mines available to national manufacturers. According to the Head of international relations at ACCI,

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Afghanistan to establish a stock market in 6 months- AISA

According to the Afghanistan Investment Support Agency, a stock market would be established in Afghanistan in the next six months. The AISA officials have said the work would be accomplished with close coordination with university professors, lawyers and the private

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Nangahar governor collecting illegal fines from local traders

Officials of the Afghan Chamber of Commerce and Industries (ACCI) accuse authorities in Nangarhar province for collecting illegal money from traders. Head of the ACCI, Mohammad Qurban Haqjo, said the money that Nangarhar authorities obtain from traders for the “reconstruction”

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ACCI Identifying challenges to investment in Afghanistan

A number of senior government officials, civil society and private sector representatives, university teachers attended a meeting organized by the Afghanistan Chamber of Commerce and Industries in Kabul. The meeting was aimed at identifying impediments to investment in the country.

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New ACCI building inaugurated in Kandahar

A new four-story building for the Afghanistan Chamber of Commerce and Industries was inaugurated in southern Kandahar province on Thursday. Constructed on a 3,000 square meters of land, the building cost USD 2.12m and is expected to boost trade in

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Further efforts to strengthen domestic sources- ACCI

As concerns about Afghanistan’s economic situation after 2014 are rising, Afghanistan Chamber of Commerce and Industries (ACCI) emphasize on boosting domestic sources of the country. Speaking at a press conference in Kabul on Wednesday, Head of the ACCI Mohammad Qurban

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Reasons for the rising dollar in Afghanistan

The exit of international forces from Afghanistan and the tightening of sanctions against Iran from the West are the main reasons for the rising price of American dollar in Afghanistan. In addition, Kabul Money Exchange Union considers the lack of

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“Afghan traders’ goods are emptied and filled with sand in Pakistan”- ACCI

According to the officials of the Afghanistan Chamber of Commerce and Industries, transit issues between Pakistan and Afghanistan are intensifying even further as time passes by. The officials say that Pakistan has caused troubles to the Afghan traders in various

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President Karzai Assigns a High Council to Monitor Economic Growth

President Hamid Karzai has set up a High Economic Council, led by the president himself, to boost the country’s economy. The Council would include three representatives from the private sector, university scholars and the Cabinet. Minister of Commerce and Industries

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