Business
Rawnaq launches business development program for 40 small companies

Cordaid International Organization has launched a trade development training program for 40 small businesses through a project, Rawnaq, to support the private sector and create jobs for internally displaced people (IDPs).
Zalmay Isaar, manager of Rawnaq in Herat, said that the participants have learned basic business skills over a week’s training session.
“The main goal of Rawnaq project is to create jobs and work opportunities for internally displaced people, and in the second step, we are trying to get private companies to help us to achieve this goal,” said Isaar.
This project gives valid documents to the participants so that they can promote their businesses, he added.
A number of businessmen and industrialists meanwhile believe that this project will be effective for the growth of domestic production.
“It has been really effective and useful for the companies whose managers are women because it is the need of every company that they should have the capacity and build capacity,” said Behnaz Seljuqi, deputy director of Women’s Chamber of Commerce and Industries in the western zone.
On the sidelines of this program, an exhibition of handicrafts and domestic products has also been held.
It is said that many men and women who have received the necessary training in business have started small businesses for themselves.
“Inshallah, we will implement these equations and programs that we learned during the program in our work and business,” said Nazir Ahmad Noori, a businessman.
Rawnaq project started its activity in 2020 and its aim is to grow businesses so that they can provide employment for IDPs through investment.
Business
Members of private security meet with Kazakhstan counterparts

A bilateral meeting between members of the private sectors of Afghanistan and Kazakhstan was held in cooperation with the Ministry of Industry and Trade on Tuesday with the aim of attracting more investment in the country.
At the meeting, representatives of the private sector of the two countries discussed investments in various sectors including the non-alcoholic beverages sector, gemstones stones and minerals, chemical fertilizers, car batteries, clothing and textiles, petroleum products, flour and wheat, the ministry said.
They also discussed tourism, investment in restaurant businesses and food, the ministry added.
Furthermore, the businessmen and investors of Kazakhstan thanked the Afghans for their hospitality and described Afghanistan as a safe place and a suitable environment for business and investment.
Representatives of the private sector of Kazakhstan spoke about holding exhibitions in Kabul, Balkh and Kandahar provinces, adding that in the near future they plan to hold exhibitions of Afghan manufacturing industries in Kazakhstan and an exhibition of Kazakh products in Afghanistan.
Business
Female entrepreneurs at Kabul women’s market say businesses are doing well

A number of female entrepreneurs at the special women’s market in Kabul say their businesses are improving day-by-day and that they have also set up online shopping opportunities for women.
These women say they are happy to have their own market where they can sell their own goods.
“Our clothes are Afghani Gand (traditional dress). Our sellers and buyers are both women. We are happy that such a market has been established in Kabul,” said Ferozah Qasimi, a woman entrepreneur.
“The good thing about this market for women and girls is that they can easily and calmly use the green space here, relax their minds and buy the things they need from one place,” said another woman entrepreneur.
“My request to government and foreign institutions is to join hands with us, to cooperate with us so that we can make further progress in our work,” said another businesswoman.
Meanwhile, the Women’s Chamber of Commerce says there is no limit to women entrepreneurs.
“We are seeing very good developments in this chamber which is creating markets and creating expos,” said Salma Yousafzai, head of the Women’s Chamber of Commerce.
The Ministry of Industry and Commerce (MoIC) spokesperson Abdulsalam Jawad Akhundzada stated that the ministry supports businesswomen.
“The Ministry of Industry and Commerce has always supported women entrepreneurs and has always supported them in all aspects of trade and industry,” said Akhundzada.
“Thousands of women in 34 provinces of Afghanistan are actually working in various sectors of industry and investment,” he added.
Business
Foreign cash aid and tight restrictions on afghani helps ‘stabilize’ local currency

Billions of US dollars, flowing into Afghanistan, in the form of cash aid, is helping to stabilize the local currency so much that the AFN has been propelled to the top of the global rankings this quarter.
According to America’s Bloomberg news agency, the afghani (AFN) has maintained its value against foreign currencies, especially the US dollar, on the back of the cash aid and other factors.
Additional actions are also helping to stabilize the currency including the Islamic Emirate’s ban on the use of Pakistani rupees and US dollars on the local market, and an increase in cross border trade, Bloomberg reported.
Currently, the AFN is trading at just under 80 afghanis to the dollar.
The international community has shipped in on over $40 million dollars a week since the fall of the former government. This money is handled by the UN and used for aid in the country.
Bloomberg reported however that the cash aid and increased trade with Afghanistan’s neighbors has propelled Afghanistan’s currency to the top of global rankings this quarter — an unusual spot for a poverty-stricken country.
The IEA’s tight restrictions on taking dollars out of the country, banning online trading and imposing prison sentences on those who break the rules, have also contributed to this stability, Bloomberg reported.
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