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Acting Minister of Commerce and Industries Suspended
The Afghan parliament declined the budget of the Ministry of Commerce and Industries, and suspended its acting minister, Ajmal Ahmadi, from his authorities. His signature on any official document and contract is considered a criminal act, said the speaker of the parliament.
Earlier, the Lower House had summoned Ajmal Ahmadi, the acting minister, to the parliament, but he refused to attend the National Council for accountability. This was severely minded by the governmental officials.
“Ashraf Ghani once said that every six months he would take a visit to the parliament and respond to the people. Now the situation turned in a way that his minister is not even responding. This will have negative consequences,” said Mir Rahman Rahmani speaker of the house.
In the meantime, some of the MPs underlined that the acting minister of Commerce and Industries has violated the law in many cases.
“Ajmal Ahmadi should be introduced to the Anti-Heavy Crimes Directorate. We have summoned him several times, but he would send his ‘deputy’ instead. The president should dismiss the incompetent minister,” said Abbas Ibrahimzada, MP.
Rahmani added that “We do not recognize Ajmal Ahmadi as the official minister of Commerce and Industries. His signature on any official document or contract will be a crime. The budget is suspended. The draft will be sent to the three government branches and embassies.”
The parliament eventually decided with the majority of votes to apply the draft.
Latest News
Doha process private sector meeting highlights growth and coordination in Afghanistan
The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.
The 3rd session of the Doha Process Private Sector Working Group was held both in-person and online at Kabul’s Grand Hotel, hosted by the United Nations Assistance Mission in Afghanistan (UNAMA).
The meeting brought together representatives from the Islamic Emirate of Afghanistan, including the Ministries of Foreign Affairs, Finance, Industry and Commerce, Economy, Labor and Social Affairs, and the Central Bank, alongside UNAMA, UN agencies, international and regional organizations, as well as ambassadors, diplomats, and private sector experts.
The session was divided into two segments, focusing on growth and inclusion in the first part, and coordination and transparency in the second.
Afghanistan’s Islamic Emirate representatives shared achievements and progress since assuming governance, while participants acknowledged these efforts and highlighted their ongoing support for the private sector. All parties offered recommendations to address challenges and emphasized enhanced cooperation moving forward.
International Sports
IPL 2026: Franchise sales gather pace as global investors circle teams
Royal Challengers Bengaluru (RCB) has been put on the market by its current owner and is estimated to be worth up to $2 billion.
Developments off the field are drawing growing attention ahead of the 2026 Indian Premier League season, with two franchises — Royal Challengers Bengaluru and Rajasthan Royals — formally up for sale and attracting interest from high-profile domestic and international investors.
Royal Challengers Bengaluru (RCB), one of the league’s most recognisable teams, has been put on the market by its current owner, Diageo’s United Spirits Ltd, following a strategic review. The sale process is expected to be completed by the end of March 2026. Market estimates suggest the franchise could be valued at around $2 billion, reflecting the soaring commercial value of the IPL.
Several bidders have been shortlisted for RCB, including investment groups led by Indian industrialists, private equity firms and overseas sports owners. Among those reported to have shown interest is a consortium linked to the Glazer family, co-owners of English Premier League club Manchester United. Non-binding bids have already been submitted, with binding offers expected in the coming weeks.
Rajasthan Royals (RR), winners of the inaugural IPL title in 2008, are also in the process of being sold. A shortlist of potential buyers has been finalised, featuring a mix of Indian and international investors, including private equity firms, entrepreneurs and media-linked groups. The franchise is expected to attract a valuation of more than $1 billion, according to market estimates.
Final bids for Rajasthan Royals are anticipated in early March, while the RCB transaction is expected to move into its final phase later this month. Any change in ownership will require approval from the Board of Control for Cricket in India (BCCI).
The potential sales mark one of the most significant ownership shake-ups in IPL history and underline the league’s growing appeal as a global sports investment as preparations continue for the 2026 season.
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FM Muttaqi meets Uzbek Central Asia Institute Chief, stresses stronger bilateral cooperation
During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.
Afghanistan’s Minister of Foreign Affairs, Amir Khan Muttaqi, has met with a delegation led by Joulan Vakhabov, head of Uzbekistan’s International Institute of Central Asia and adviser to the country’s deputy president.
During the meeting, the two sides discussed ways to further strengthen political and economic cooperation, as well as key regional issues.
Muttaqi said Uzbekistan has adopted a positive and goodwill-based policy toward Afghanistan, expressing hope that bilateral relations and cooperation would continue to expand.
He also underscored the important role of research institutions in promoting mutual understanding, enhancing cooperation, and developing a realistic assessment of regional dynamics.
For his part, Vakhabov praised the progress and stability in Afghanistan and voiced optimism that trade between the two countries would increase further in the current year.
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