November 2009

16 Nov

Economy

4195

Russia torpedoes Kazakhstan's uranium sector, Kazatomprom ex-head

The arrested Kazatomprom ex president Mukhtar Djakishev, who led the national uranium company, Kazatomprom, for nearly a decade and practically turned it into one of the world leading producers, belie... read more..

Kazakhstan may require foreign companies to use domestic banks

12 Nov

Economy

3084

Kazakhstan may require foreign companies to use domestic banks

Kazakhstan may introduce requirements for foreign companies to use domestic banks for banking services and local insurers for insurance services, central bank chairman Grigoriy Marchenko said on Wedne... read more..

12 Nov

Political process

2906

Supporters Of Jailed Kazakh Activist Says Case Politically Motivated

Supporters of leading Kazakh human rights activist Yevgeny Zhovtis say his case is politically motivated, RFE/RL's Kazakh Service reports. Yevgeny Zhovtis, the director of the Almaty-base... read more..

Whose conditionality? The failure of EU sanctions on Uzbekistan.

12 Nov

Extra

3222

Whose conditionality? The failure of EU sanctions on Uzbekistan.

On October 27, the European Union at its General Affairs and External Relations Council Meeting in Luxembourg decided, as expected, not to renew the sanctions imposed on Uzbekistan in the aftermath of... read more..

AZERGATE: U.S. businessman sentenced in oil bribery case

12 Nov

Corruption!

3320

AZERGATE: U.S. businessman sentenced in oil bribery case

He was paying millions to father and son Aliyevs - senior leaders of the former Soviet republic. Next trail should be KAZAKHGATE. American businessman and co-founder of upscale handbag ma... read more..

11 Nov

Economy

3165

Kazakhstan Plans to Sell First Foreign Bond in Decade

Kazakhstan plans to offer its first foreign-currency bonds in a decade next year, joining Russia in seeking to lure back investors as rising energy prices spur the former Soviet region's economic reco... read more..

11 Nov

Economy

2998

Kazakhstan may restrict foreign ownership in the banking sector

Kazakhstan may limit foreign ownership of banks and other financial companies to reduce the risk of a credit crunch, central bank chairman Grigoriy Marchenko said on Tuesday. "If it is nec... read more..

10 Nov

Economy

3596

Finmeccanica, Kazakhstan sign MoU

Italian aerospace and defense company Finmeccanica has signed a memorandum of understanding with a Kazakhstan sovereign wealth fund for a raft of cooperation deals. The agreements cover h... read more..

10 Nov

Economy

3260

Kazakhstan to reduce coal output in 2009

According to Mr Duysenbay Turganov deputy minister of energy and mineral resources of Kazakhstan in 2009 Kazakhstan will reduce its coal output by about 12 million tonnes YoY to around 93 million tonn... read more..

10 Nov

Events and opinions

2560

Berlusconi hails Kazakh men for population growth

Italy's Silvio Berlusconi praised the virility of Kazakhstan's men during a visit to Rome by its president, Nursultan Nazarbayev, saying this was the reason for the former Soviet country's population ... read more..

09 Nov

Economy

2692

BTA loses $13.4 billion in Jan-Sep

BTA Bank, until recently Kazakhstan’s biggest bank, lost KZT2 trillion ($13.4 billion) in January through September, the bank reported on Thursday. BTA was nationalized in February and we... read more..

09 Nov

Economy

2649

Kazakhstan’s current account deficit totaling $3.4 billion in Jan-Sep

Kazakhstan’s current account deficit in the first nine months of 2009 totaled $3.4 billion, the National Bank of Kazakhstan reported last week. In the third quarter of 2009, Kazakhstan ... read more..

06 Nov

Economy

4218

Eni and KazMunaiGas close to deal

Italy's Eni group and Kazakhstan's London-listed KazMunaiGas last night signed a preliminary agreement that could result in up to $50bn of investments in the central Asian state's upstream and downstr... read more..

05 Nov

Extra

3036

Kazakhstan investigates opposition paper's printer

Kazakhstan's financial police have launched a criminal investigation against the printer of an opposition newspaper critical of the authorities. Kazakhstan will next year chair Europe's... read more..

05 Nov

Economy

2989

Transparency level in Kazakhstan lags behind Russia, Europe - S&P

In a report released in October, Standard & Poor’s said the transparency level is average for the largest public companies and weak for large non-public government-controlled companies. The S... read more..

The government should think on perspectives too

04 Nov

Extra

3114

The government should think on perspectives too

In solving of necessary economical problems and implementation of anti-crisis policy it is impossible to forget the perspectives. Kazakhstan needs modernization of economy, establishment and developme... read more..

03 Nov

Economy

2901

Kazkommertsbank repays $500-million Eurobond

Kazkommertsbank (KKB) has repaid a $500-million Eurobond at maturity using its own funds, the bank said in a statement on Tuesday. “We hope that the international investor community wil... read more..

03 Nov

Events and opinions

2359

US Diplomats Rap Astana’s Democratization Performance

As Kazakhstan prepares to assume the chair of the Organization for Security and Cooperation in Europe, US diplomats are exerting pressure on Astana to enact promised reforms. Kazakhstan... read more..

03 Nov

Economy

2952

Kazakhstan: A Showpiece of Energy Wealth Rises in the Western Desert

Kazakhstan's port city of Aktau on the Caspian Sea has had some ups and downs in its short history. Founded just half a century ago, it thrived as a center of the Soviet uranium and chemical industrie... read more..

02 Nov

Corruption!

4637

THE FRAUD OF THE KNB CHAIRMAN AMANGELDY SHABDARBAYEV AND HIS AGENTS

Operating Manual „How to Still $1111111 from the State Treasure” The old scandal about leading away more one million dollars from the state treasure has cropped up again. This tricky op... read more..

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