Category: Kazakhstan

Overview. Kazakhstan’s physical and political linkages to Russia continue to impact its economic stability. The force majeure situation at CPC has been resolved for now. A series of President’s reforms have been actioned by the Government, one of these is that Nazarbayev’s “Elbasy” title, conferring his Leader of the Nation power, will be excluded from…

Overview. Kazakhstan is vicariously suffering under sanctions against Russia. A declaration of force majeure at the CPC facility in Novorossiysk is affecting the Kazakh oil industry. Maintaining open doors tor foreign investments remains a key Kazakh strategic priority. New legislation, regulation and increased tax to control crypto mining business are being introduced.…… Read the rest

Overview. 48% of the population are fully vaccinated. Kazakhstan is getting a huge negative hit from sanctions against Russia. The policy of "open doors" for foreign investments remains Kazakhstan’s strategic priority. New regulation and increased tax to control crypto mining business are being introduced. C19. The spread of the virus slowed down to ~400-500 new…

Overview. As 2022 began, Kazakhstan’s deep rooted socio-political and socio-economic problems were laid bare for the world to see, undermining its 30-year image of enduring stability and its resultant attraction as an investment destination. Initially peaceful and isolated demonstrations over cost-of-living changes quickly morphed into near-national protests that featured violence in several cities.…… Read the…

Overview. Officially, Omicron has not yet been found in the RoK. New regulations and taxes to control cryptocurrency mining are being introduced. Kazakhstan marked 30 years of Independence on 16-17th December. C19. ~400-500 new cases a day. 47.7% (8,947,986 people) of the population (19,118,898 people) have received at least one vaccine jab, and 45.1% (8,459,231…

Overview. 41% of the population are fully vaccinated. Electricity consumption by illegal CC miners continues to be a focus, and has now hit international headlines. The Republic celebrates First President’s Day on 1st December and will mark 30 years of independence on 16-17th December. C19. ~1100-1200 new cases a day.…… Read the rest

Overview. 39% of the population are fully vaccinated against C19. At the World Energy Week and KAZENERGY forum the Kazakh Government declared the nation will achieve carbon neutrality by 2060. Active ‘recruitment’ of new investors into Kazakhstan’s natural resources and renewables sectors is ongoing. A significant rise in electricity consumption sparks some concern over infrastructural…

Overview. The Minister of Healthcare has declared that the RoK has achieved a (C19) state of ‘earned immunity’ and has loosened restrictions – somewhat premature, we feel. Nevertheless, the government continues to push elements of mandatory vaccination, and some regions remain classed as outbreak risk zones with a need to catch up on vaccinations.…… Read…

Overview.  Both the ‘delta’ and ‘lambda’ (originally from Peru) strains of C19 are now present in Kazakhstan, adding pressure to the healthcare system. The government is moving further toward mandating vaccination. There are new developments in cryptocurrency sector that make investment prospects a bit clearer. With oil prices gaining the Tenge is strengthening.…… Read the…

Overview. C19 continues to disrupt business and travel. Delta (and Lambda) continue to spread, placing pressure on the healthcare system, and impacting the economy. Despite efforts to develop and nurture other sectors, oil & gas remains the chief hope to power the RoK’s economic recovery. As oil prices rise, so does the Tenge.  … Read…