Nazarbayev explains reasons for switching to floating exchange rate
Nazarbayev has elaborated on the reasons behind Kazakhstan's decision to send its tenge floating.
Experts comment on Kazakhstan's decision to abandon control of tenge
Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.
Nazarbayev instructs government to cut back expenses
Nursultan Nazarbayev has instructed the government and Akims (Mayors) to cut back expenses where possible.
Pension reform in Kazakhstan raises questions
Kazakhstan is moving forward with its new pension system. However, some are concerned it will mean lower revenues for the state budget and more money in the shadow economy.
Nazarbayev signs Kazakhstan pension legislation amendments
Kazakhstan is getting ready to implement a new pension system.
25 y.o. Kazakhstani programmer donates $2 million for cancer research
Having worked at Barclays for half a year, a programmer from Kazakhstan Askhat Murzabayev earned a little over $2 million and donated the money to the International Cancer Research Center.
Lawyer formerly involved in Ablyazov's case appointed to Ukrainian Ministry of Internal Affairs
Amnestied Ukrainian lawyer Yelena Tishchenko has been appointed to lead the newly established department for return of criminally obtained assets in the Ministry of Internal Affairs of Ukraine.
Kazakhstan's businessmen invited to do business in Croatia
Kazakhstan’s businessmen have been invited to do business in Croatia.
Kazakhstan mulls limiting cash transactions for sole proprietors
Kazakhstan mulls limiting cash transactions between sole proprietors to 1,000 MCI or 1,982,000 tenge ($10,667).
American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan
A famous American investor and businessman Jim Rogers advised to invest in the emerging markets like Iran, Kazakhstan, North Korea and a number of African countries.
Pregnant oil company employee threatens to jump out of window for non-paid salary
A 5-month pregnant employee of Aktobe-based oil company Lines Jump LLP threatens to jump out of a window because she has not been paid any salary for months.
Almaty Marathon raises money for orphans
The 4th Almaty Marathon will raise money to help an orphanage build a recreation ground for children with speech disorders.
Kazakh banks may benefit from tenge devaluation: experts
Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.
Kazakh Foreign Ministry cuts spending on costly trips abroad
Kazakhstan’s Ministry of Foreign Affairs is cutting its spendings on costly trips abroad amid the current global economic crisis.
Nazarbayev says rich Kazakhs should keep money at home
President of Kazakhstan Nursultan Nazarbayev has called well-to-do citizens to use the chance of legalizing their property and money and bring their capitals back to Kazakhstan.
We do not pay foreigners for nothing: Samruk Kazyna CEO
CEO of Samruk Kazyna National Wealth Fund Umirzak Shukeyev has spoken about the wages of the foreigners employed at the Fund.
ArcelorMittal Temirtau employees to receive full salary
ArcelorMittal Temirtau will pay the remaining 25 percent of the workers' wages before February 17.
Kazakh businessman Kenes Rakishev launches venture capital fund
Kazakhstan's businessman Kenes Rakishev has become one of the investors of a $102 million venture capital fund.
Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold
Securities of 22 companies held by the Single Pension Fund of Kazakhstan now cost four times less then their nominal value.
Kazakh National Fund grows despite drop in oil prices: Minister of Finance
Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.