Business
Afghan Senate accuses central bank officials of “violating law”
Members of the Upper House of the Afghan parliament said that the Central Bank Governor Ajmal Ahmadi, contrary to principles, has fired his deputies and staff, calling him a “tyrant”.
In a video released on social media shows that Afghan Central Bank – Da Afghanistan Bank -security guards did not allow Wahid Nooshir, the organization’s first deputy, to enter his office.
Nosher, in a Facebook post, said that as per the oral direction of President Ghani he intended to resign from his post on Monday, but he was not allowed to enter the Bank.
Nosher accused Ajmal Ahmadi of breaking administrative principles.
Qasim Rahimi, dismissed deputy head of the Central Bank of Afghanistan also considers the attitude of the head of this institution towards the bank’s employees against the law and principles.
According to the article Seven of the Da Afghanistan Bank Law, the Supreme Council of Da Afghanistan Bank shall be composed of seven members, as follows: Governor as Chairman of the Supreme Council First Deputy Governor as Vice Chairman of the Supreme Council Five other members.
The article says that “[All] members of the Supreme Council shall be appointed by the President of Afghanistan with the consent of the parliament of Afghanistan.”
Article 12 of the law says that the Governor, the First Deputy Governor, and any other member of the Supreme Council, of Da Afghanistan Bank, shall be suspended or removed from office by the President of Afghanistan.
“No member of the Supreme Council shall be suspended or removed from office before a hearing has been held by the President of Afghanistan where such member or his legal representative has presented his reasons,” read the law.
Meanwhile, lawyers say that if any employee of the organization is accused of corruption, only the judiciary has the right to review the case, and then the leadership must decide.
On the other hand, officials at the Integrity Watch of Afghanistan and economic experts are concerned about the current situation at the Central Bank of Afghanistan, saying that the continuation of such a situation will put the financial institution in crisis.
The head of the Central Bank of Afghanistan has not commented on the reason for the dismissal of his two deputies, but a statement from the organization said that the latest measures were taken in accordance with Article 20 and the third paragraph of the Central Bank of Afghanistan law.
Business
Uzbekistan launches new cargo corridor linking China and Afghanistan
From Uzbekistan, shipments will be transferred onto trucks and transported across Turkmenistan en route to Herat in western Afghanistan.
Uzbekistan’s national railway operator has announced the launch of a new multimodal freight route designed to strengthen logistics links between China and Afghanistan via Central Asia.
According to Trend news agency the new corridor will see container used goods transported by rail from China through Kazakhstan’s Altynkol station into Uzbekistan. Cargo will then be handled at the Bukhara logistics centre, operated by Uztemiryulkonteyner, before continuing its journey by road.
From Uzbekistan, shipments will be transferred onto trucks and transported across Turkmenistan en route to Herat in western Afghanistan.
Previously, freight along this trade corridor was largely routed via sea from China to Iran’s Bandar Abbas port, before continuing overland into Afghanistan. The new overland alternative is expected to streamline logistics and improve reliability.
Covering approximately 7,400 kilometres, the route is projected to reduce transit times to around 30 days, offering a more efficient option for regional cargo movement between East Asia and South Asia.
Business
Afghanistan presses Chinese contractor over delays in Mes Aynak copper project
During the meeting, the MCCT president assured that pending operations would be implemented in line with contractual provisions.
Afghanistan’s Minister of Mines and Petroleum Hedayatullah Badri has raised concerns over delays in the Mes Aynak copper project during a meeting with Chinese officials and company representatives.
The talks brought together the Chinese ambassador, the head of MCCT, and the chairman of MJAM, the contractor responsible for the major mining project. Discussions focused on the lack of progress and the failure to implement key obligations outlined in the mining contract.
Officials reviewed outstanding commitments that had previously been formally communicated to the company, with Afghan authorities stressing that agreed mining activities have yet to be carried out.
During the meeting, the MCCT president assured that pending operations would be implemented in line with contractual provisions.
Badri emphasized that the contractor must fully comply with all terms and conditions of the agreement, as well as follow the ministry’s formal directives. He called for concrete and immediate steps to accelerate the project and ensure full implementation of planned activities.
Mes Aynak copper project
The Mes Aynak copper deposit, located about 40 kilometres southeast of Kabul, is one of the world’s largest untapped copper reserves, with an estimated 11 million tonnes of copper.
The project was awarded to a Chinese consortium led by state-run Metallurgical Corporation of China in 2007 and formally signed in 2008 under a 30-year lease. Valued at roughly $3–4 billion, it was the largest foreign investment in Afghanistan at the time.
The agreement included plans to develop the mine along with major infrastructure such as railways, roads, and power facilities, although several of these commitments were later delayed or renegotiated.
Despite its scale, the project has seen little progress over the past decade. Work slowed significantly around 2013–2014, with ongoing delays attributed to security concerns, lack of infrastructure, and disputes over contractual terms. The presence of a significant archaeological site at Mes Aynak — containing ancient Buddhist remains — has also complicated development, requiring extensive preservation efforts.
Afghan authorities have repeatedly raised concerns over the contractor’s failure to meet key obligations and timelines, while Chinese companies have cited security and logistical challenges as major obstacles.
Since the political changes in Afghanistan in 2021, the project has repeatedly come under focus, with officials pushing to revive stalled mining initiatives as part of broader economic recovery efforts. Chinese firms have signaled continued interest, but meaningful progress has yet to materialize.
The project remains strategically important, with the potential to generate significant revenue, create jobs, and support Afghanistan’s long-term economic development — if longstanding challenges can be resolved.
Business
Kazakhstan grain exports to Afghanistan jump sharply
Shipments to Afghanistan reached 302,000 tons during the period, marking a 4.2-fold increase compared to the same timeframe last year.
Grain exports from Kazakhstan to Afghanistan surged more than fourfold in the first quarter of 2026, according to a report by Kazinform International News Agency.
Shipments to Afghanistan reached 302,000 tonnes during the period, marking a 4.2-fold increase compared to the same timeframe last year.
Kazakhstan’s overall grain exports also recorded solid growth, rising 18 percent to 3.2 million tonnes. Domestic grain shipments increased by 8 percent, totaling 0.9 million tonnes.
Looking ahead, Kazakhstan plans to expand its agricultural processing capacity, with new grain facilities expected to handle a combined 5.8 million tonnes annually by 2028.
-
World4 days agoTrump says US could restart Iran strikes ‘if they misbehave’
-
Regional4 days agoIran says it has received US response to its latest offer for talks
-
Business4 days agoAfghan economic commission approves 12 major development projects across key sectors
-
Sport3 days agoAfghanistan set for Maldives four-nation tournament
-
Latest News4 days agoUN warns funding cuts are slowing mine clearance efforts in Afghanistan
-
Business3 days agoKazakhstan grain exports to Afghanistan jump sharply
-
Latest News4 days agoAfghan officials say media should align with Islamic and national values
-
Tahawol5 days agoTahawol: Trump’s ongoing contradictory statements on Iran discussed
