Press Releases


Johannesburg, June 02, 2023 (GLOBE NEWSWIRE) — MultiChoice Group, the largest producer of original content on the African continent, is set to debut SHAKA ILEMBE, its biggest ever primetime-drama series. Created by the award-winning South African Emmy and Oscar nominated team at Bomb Productions, with global star Nomzamo Mbatha taking on double billing as lead […]


Pakistani Central Bank’s Forex Reserves Fell 102 Million USD

The State Bank of Pakistan (SBP), said yesterday that, its foreign exchange reserves had decreased by 102 million U.S. dollars.During the week ending on May 26, the total foreign exchange reserves of the Pakistani central bank fell to around 4.1 billio…


JazzCash Imposes Fee on Cash Deposits

JazzCash, Pakistan’s largest mobile wallet, has announced a change in pricing on cash deposit into M-wallets.A notice on JazzCash website states that the cash deposit of Rs. 50 – Rs. 20,000 will now have a fee of 0.50 percent + FED while cash deposit …


Crypto Trading in Pakistan Rises Rapidly in 2023 Amid Rupee Depreciation

While Pakistani authorities said on May 17 that they’re working to get cryptocurrencies banned in the country, a survey by global crypto exchange firm KuCoin shows that 33 percent of Pakistani crypto investors see the instrument as a hedge against the…


Govt to Make Cars Even More Expensive in Upcoming Budget

The federal government is reportedly planning to impose Withholding Tax (WHT) on locally produced automobiles on the basis of invoice price instead of engine capacity in the upcoming budget.In connection with such reports, the Pakistan Automotive Manu…


PDWP approves schemes worth Rs6b in KP

Khyber Pakhtunkhwa Development Working Party has approved various schemes amounting to six billion rupees for the uplift of province.The approval was accorded in a meeting in Peshawar under the chairmanship of Additional Chief Secretary.The approved s…