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Herat's economy stagnated by the election process

Officials of industrialists’ union in Herat said the city was facing economic crisis due to the election process. According to the officials, traders have transferred their assets outside of Afghanistan and as many as thousand workers of Herat’s industrial city

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Kandahar's iodized salt factory inaugurated

Kandahar Governor Dr. Toryalai Weesa along with a number of businessmen and industrialists inaugurated Kandahar’s first-ever iodized factory. Owned by 5 local businessmen, the factory is worth USD 160,000 and was completed in 10 months. The factory produces three to

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Kandahar’s iodized salt factory inaugurated

Kandahar Governor Dr. Toryalai Weesa along with a number of businessmen and industrialists inaugurated Kandahar’s first-ever iodized factory. Owned by 5 local businessmen, the factory is worth USD 160,000 and was completed in 10 months. The factory produces three to

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Agriculture Ministry provides loans to Afghan traders

Afghan Minister of Agriculture, Irrigation and Livestock has promised to provide  loans to Afghan traders  engaged in agriculture business. “The Ministry is ready to offer technical and financial support to the members of the private sector, who have invested and

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Fire insurance coverage for companies is mandatory-Afghan Ministry of Finance

The Ministry of Finance has announced that businesses and foreign organizations without fire insurance coverage would not receive a license to operate in Afghanistan. Fire insurance has been made mandatory on all local and foreign companies and businesses. “All organizations,

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Afghan businessmen exempted from intercity transit fees

By Qiam Noori-The council of ministers recently announced that no governmental institution is allowed to collect intercity transit fees from Afghan merchants. The high-ranking council says mayors of the provinces are allowed to collect transit fees, only if the merchants

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Afghans to shift 80 factories from Pakistan to Kandahar

Afghan investors have decided to shift around 80 factories from Pakistan to southern Kandahar province. The move would mark an expansion of the Afghan private sector, which is seen as the key driver of economic growth after the withdrawal of

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Research on the problems faced by Afghan traders

The research center of the Afghanistan Chamber Commerce and Industries (ACCI) has begun their survey on the problems faced by the Afghan traders. Mohammad Qurban Haqjo, Head of the ACCI, said the survey focuses on the economic situation, problems and

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'Get Rich by 2014'!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

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‘Get Rich by 2014’!

  Afghanistan’s Squandered Foreign Aid Has Young Businessmen Worried About Future KABUL, Afghanistan — About three years ago, Abdul Fattah grew tired of seeing his cousins driving fancy cars, impressing girls and earning the respect of strangers, and decided it

Read More