Tag Archives: Kazakhstan

Kazakh weightlifter fails drugs test

JUNE 10 2021 (The Bulletin) — The International Weightlifting Federation (IWF) disqualified  Kazakh weightlifter Anna Nurmankhambetova from the 2012 Olympic Games because of a failed drugs test, stripping her of the silver medal that she had been awarded retrospectively because other athletes had also failed drugs tests. Several Kazakh athletes, weightlifters and cyclists, have previously failed drugs tests too.

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— This story was published in issue 48 of the Central Asia & South Caucasus Bulletin, on June 16 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Fitch gives Kazakhstan’s Jusan Bank a rating

JUNE 9 2021 (The Bulletin) — Fitch, the ratings agency, gave Kazakhstan’s First Heartland Jusan Bank an investment grade rating of B1 only a couple of weeks after Bloomberg reported that it had used government grants to pay dividends to shareholders. The bank is closely linked to former Kazakh president Nursultan Nazarbayev. Jusan Bank has denied any wrongdoing and said that the Fitch rating is a reflection of its strong liquidity.

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— This story was published in issue 48 of the Central Asia & South Caucasus Bulletin, on June 16 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Kazakh Central Bank keeps interest rates steady

JUNE 9 2021 (The Bulletin) — The Kazakh Central Bank kept its interest rate at 9% because of higher-than-hoped-for inflation. It said that inflation will exceed its 4-6% target corridor this year because of high commodity prices but that GDP growth would be between 3.6% and 3.9%, a slight rise on an earlier estimate.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Kashagan to start work on building gas processing plant

JUNE 8 2021 (The Bulletin) — Kazakh PM Askar Mamin inaugurated the construction of a gas processing plant at an onshore plant linked to the Kashagan oil project. The Kashagan oil field is in the Caspian Sea but it pumps oil and gas to an onshore processing site. The gas processing plant will start production from the end of 2023 and will have a capacity of 1m cubic metres of gas per year.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Russian airport operator eyes up Central Asia

JUNE 7 2021 (The Bulletin) — Russian regional airport operator Novaport is still interested in signing deals with airports in Kazakhstan and Uzbekistan despite the drop in footfall caused by the pandemic, billionaire owner Roman Trotsenko told Russian media. He said that he expects auctions to run airports, including the airport at Nur Sultan, to come up in 2020. Turkey’s TAV signed a deal in May to buy Almaty airport and has also said it will invest in Uzbek airports.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Kazakh home-building boom pushes up cement prices

JUNE 4 2021 (The Bulletin) — Prices for cement in Kazakhstan have risen because of a boom in house construction, media reported. Industry minister Beibut Atamkulov said that the price of cement was up by 30-40%. The Kazakh government has driven a house building boom, in part to help its economy recover from the coronavirus pandemic. Cement use has soared across the region. Uzbekistan doubled its cement use in the first four months of the year compared to the same period in 2020.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Kazakhstan drops talks to buy AstraZeneca coronavirus vaccine

JUNE 4 2021 (The Bulletin) — Kazakhstan has dropped negotiations with British-Swedish pharmaceutical company AstraZeneca to buy its coronavirus vaccine because of the negative press surrounding it. Some countries have suspended use of the AstraZeneca vaccine because of blood clots in younger people. Russia’s Sputnik-V and its domestically produced QazVac form the basis of the Kazakh vaccination programme.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

EBRD to upgrade water waste treatment plant in West Kazakhstan

JUNE 3 2021 (The Bulletin) — The European Bank for Reconstruction and Development (EBRD) will lend $80m to upgrade water waste treatment facilities in Atyrau, west Kazakhstan. The site at the Atyrau oil refinery will, the EBRD said, improve water quality for 300,000 people and also reduce pressure on the Ural river.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Nazarbayev “frees” Belarusian protesters

ALMATY/JUNE 2 2021 (The Bulletin) — Belarus freed three anti-government protesters after an intervention from former Kazakh president Nursultan Nazarbayev, the spokesperson of Belarusian Pres. Aleksandr Lukashenko said, a few days before Kazakhstan also declined to join Russia-led sanctions against the West.

The three ethnic Polish Belarusian citizens — Irena Biernacka, Maria Tishkovska and Anna Panisheva — were freed on June 2 and sent to Poland. They had been in prison since March when they were arrested for spreading Nazi propaganda. Two other leaders of the Polish minority in Belarus are still in prison.

When asked why they had been released, Natalia Ejsmont, the Belarusian spokesperson, said: “Do you remember the talks between the Belarusian President and the first president of Kazakhstan, Nursultan Nazarbayev? They took place in April, and it was then that the freeing of activists of the Union of Poles in Belarus was discussed. (Nazarbayev) asked for their release.” Mr Nazarbayev has not commented.

Pres. Lukashenko has cracked down hard on protesters since an election last year which his opponents said was rigged. Thousands have been imprisoned on charges that they say are arbitrary. Allegations of abuse and torture against the Belarusian security services are common.

News of the apparent intervention by Mr Nazarbayev, who likes to play the elder statesman in the former Soviet Union, came a few days before the Kazakh government declined to take part in Russia-organised sanctions against the West. The sanctions, which the Kremlin had expected the Eurasian Economic Union (EAEU) to back, were designed as retaliation against Western sanctions against Belarus after it forced a passenger jet flying from Athens to Vilnius to land in Minsk so that it could arrest a dissident journalist.

Explaining its decision not to back the sanctions, Kazakhstan said that it “takes the position that processes within the EAEU are purely economic.” Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan are EAEU members.

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— This story was published in issue 487 of the Central Asia & South Caucasus Bulletin, on June 9 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021

Kazakh DJ wins Grammy award

ALMATY/MARCH 14 2021 (The Bulletin) — A 20-year-old DJ from Aksu, near Pavlodar in Kazakhstan, won the country’s first Grammy award, considered to be perhaps the top accolade in music (March 14).

Imanbek Zeikenov won the Best Remixed Recording category for his remix of Saint Jhn’s 2016 song ‘Roses’.

“The best thing for a musician is to get a Grammy, we made it!” Imanbek, as he is known, said.

Kazakh President Kassym Jomart Tokayev sent his congratulations, highlighting the pride that Kazakhs, more used to winning boxing,  wrestling and horse riding tournaments than music awards, have taken in the win.  

“His work has demonstrated that gifted young people from Kazakhstan can reach great heights,” Mr Tokayev’s spokesman said.

Imanbek released his remix of ‘Roses’ onto Russian social media channels and then watched as it went viral. In March 2020 it rose to the top of the British singles charts. 

Spotify, the music streaming app, said that it had been played 1.2b times. 

He has since left his job working for Kazakh Railways to concentrate on making music.

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— This story was published in issue 475 of the Central Asia & South Caucasus Bulletin, on March 15 2021

— Copyright the Central Asia & South Caucasus Bulletin 2021