Karachi Chamber Rejects OGRA’s Gas Tariff Hike Proposal

Karachi: The Karachi Chamber of Commerce and Industry (KCCI) President, Javed Balwani, has strongly opposed the Oil and Gas Regulatory Authority (OGRA)’s proposal to raise gas tariff for Sui Southern Gas Company Limited (SSGC). He criticized the move as unjust, arguing it would add to the burden on industries and the public already grappling with …

KCCI Urges SBP to Cut Policy Rate by 400 Basis Points

The Karachi Chamber of Commerce and Industry (KCCI) has called on the State Bank of Pakistan (SBP) to reduce the monetary policy rate by 400 basis points. KCCI President Muhammad Jawed Bilwani highlighted that this reduction would align interest rates with sustainable levels and make borrowing affordable for businesses and consumers. Inflation Drops to Lowest …

TEXPO Pakistan 2024 Kicks Off with International Participation

The 5th edition of TEXPO Pakistan 2024 began on 23rd October in Karachi. Federal Minister for Commerce Jam Kamal inaugurated the event at Expo Center Karachi. Governor of KPK Faisal Karim Kundi and Sindh Chief Minister Syed Murad Ali Shah also attended the opening ceremony. Key figures such as TDAP Chief Executive Muhammad Zubair Motiwala …

KCCI Elections: BMG Sweeps All 30 Seats, Jawed Bilwani Elected President

The Karachi Chamber of Commerce and Industry (KCCI) elections for the 2024-26 term concluded with a sweeping victory for the Businessmen Group (BMG). The polling for the Managing Committee (MC) took place on Saturday, where BMG secured all 30 available seats. A total of 92,954 votes were cast in favor of BMG, while the rival …

KCCI Announces 2024-26 Managing Committee Elections

The Karachi Chamber of Commerce & Industry (KCCI) has officially announced the upcoming elections for the 2024-26 term, set to fill 30 vacant seats on the Managing Committee. The election will occur on Saturday, 21st September 2024, at the KCCI Building located on Aiwan-e-Tijarat Road, Karachi. Voting will be available from 9:30 AM to 5:00 …

KCCI Urges Delay of Tajir Dost Scheme and Withdrawal of Tax Notices

Iftikhar Ahmed Sheikh, President of the Karachi Chamber of Commerce and Industry (KCCI), has called for an immediate halt to the Tajir Dost Scheme and the withdrawal of tax notices issued to small shopkeepers. Sheikh highlighted that the scheme requires shopkeepers to pay a hefty tax of Rs60,000 per month, a sum deemed unaffordable for …

KCCI Urges Govt to Provide Relief in Electricity Bills for Sindh

The Karachi Chamber of Commerce and Industry (KCCI) has issued a strong appeal to the federal government, calling for immediate relief in electricity bills for the people of Sindh. In a recent statement, the KCCI emphasized the urgent need for a reduction of 14 rupees per unit in electricity tariffs, similar to the relief recently …

Renowned Industrialist, Leader Business community SM Muneer passes away in Karachi

Karachi: Renowned Industrialist and leader of Business community Shaikh Muhammad Muneer (S.M Muneer, aka Bhai Jan) breathed his last in Karachi. According to details, he was long been ill and had his kidney transplant previously. His family informed that Din Group’s chairman’s Namaz e Janaza will be held after Zuhar at 1.30pm on November 29 …

Renowned businessman Siraj Kassam tell passes away at 67

Karachi: Siraj Kassam Teli, former president of the Karachi Chamber of Commerce and Industry (KCCI), died of Cardiac arrest earlier this morning on Tuesday, 8 December, in Dubai. According to the sources, Teli was admitted at a hospital and was on a ventilator for two days. The news of his demise came to many as …

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