Kazakhstan Chamber of Commerce in the USA

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Kazakhstan Daily News Roundup – August 24, 2011

Posted on August 24, 2011 by Alex

ENERGY:

No deficit of petroleum products in Kazakhstan – Mynbayev (SRI)

No talks with Korea on building nuclear power plant – Minister (SRI)

BUSINESS AND ECONOMY:

People’s IPO to raise up to $500 million; slated to begin in 2012
(SRI) – Kazakhstan could raise up to $500 million in its “people’s IPO” as it plans to start floating shares in several national companies in the second or third quarter of 2012, Minister of Economic Development and Trade Kairat Kelimbetov said on Tuesday.

Indicators – August 23, 2011 (Reuters)

METALS AND MINING:

Kazakh central bank to buy more gold to boost reserves
(SRI) – The National Bank of Kazakhstan plans to fully exercise its preemptive right to buy all refined gold produced in Kazakhstan to replenish its gold reserves, Interfax reported on Tuesday, citing a statement issued by the central bank.

Central Asia Metals: A mine developer with laser-focus on cash generation (Proactive Investors)

POLITICS:

Succeeding in Kazakhstan
(bne) – When Nursultan Nazarbayev won April’s Kazakh presidential election with a resounding majority, the issue of who would suceed the septuagenarian appeared to have been put on the backburner for the time being. But three months later, Nazarbayev’s visit to Germany for medical treatment has put it firmly back on the agenda.

SOCIETY:

Independent Kazakh TV claims government is behind a slew of disrupting audits (SRI)

SOURCE: http://silkroadintelligencer.com/2011/08/24/

 

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