Updates At Crux

As part of our corporate social responsibility and our commitment to sustainability, CRUX has joined the UN Global Compact. Through our official commitment to UNGC, we have reaffirmed our position and commitment to the Ten Principles of UNGC.

The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption

Human Rights

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2: make sure that they are not complicit in human rights abuses.

Labour

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4: the elimination of all forms of forced and compulsory labour;

Principle 5: the effective abolition of child labour; and

Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: Businesses should support a precautionary approach to environmental challenges;

Principle 8: undertake initiatives to promote greater environmental responsibility; and

Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

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Due to the rising numbers of new COVID-19 cases in Kabul, Afghanistan, CRUX offices in Kabul will remain closed till 21 May 2021. All CRUX employees in Kabul will be working from home. This policy does not affect other offices located outside Kabul.

CRUX signed a contract with NCA for providing Third Party Verification services for their project "NCA Climate Resilient Water, Sanitation and Hygiene (WASH) Project" in Samangan Province of Afghanistan. The scope of the assignment will cover 9 villages in the Samangan Province.

CRUX carried out its activities for the valuation of assets for the Ministry of Finance. As part of our activities, our team of experts visited 7 different cities in Afghanistan and Turkmenistan.
The project began in November 2020 and continued for three months. We submitted our findings to the client in January 2021.

The team consisted of a team leader, an electrical engineer, a civil engineer, two cost estimation engineers, and a finance expert across the border in Turkmenabat, Turkmenistan.
The assignment involved thorough site visits to 16 sites located in Mazar, Hairatan, Pulikhumri, Sher Khan Bandar, Aqina, Aqcha, and across the border in Turkmenistan.

The CCAP additional financing project under IDLG was officially inaugurated by the head of IDLG in the presence of public and private sector stakeholders including; Governor, IDLG CCAP Director, tribal elders, civil society, media, and residents of the province in Gardez city. The overall objective of the assignment is to provide basic infrastructure emergency support and social services to community people.

The project was signed in January 2021 for a period of 2 years and will close in December 2022.

The additional financing under CCAP has been divided into 9 packages and is being implemented in various cities throughout Afghanistan.

Welcome on Board

In addition to the above team, we are glad to announce that our office is fully operational with a full capacity of 25 people, working in different roles and bringing a broad range of technical capabilities and years of experience. CRUX wishes them all success .

CRUX Consultants has signed a contract with the Ministry of Finance of Afghanistan, to provide its expertise in the Valuation of Assets.

The CRUX Consultants Regional Office in Mazar has already started their activities.

We have developed our work plan, which has been approved by the client. Our technical team under the supervision of the Team Leader is currently on site.

CRUX Consultants (member firm of GGI) and Masih Muhith Haque & Co. (member firm of RSM) have signed an MoU in order to provide mutual support to each other on a potential opportunity in Afghanistan.

CRUX Consultants provided training to the Ministry of Agriculture Irrigation and Livestock on 11 December 2019. The training was part of the long term contract on providing PPP transaction advisory service to MAIL.

The PPP Training (Capacity Building Workshop) was delivered by Mr. Abdul Oladapo across 3 sessions as follows:

Session 1

• PPP Basics
• PPP Process and Project Lifecycle
• Project Identification and Screening

Session 2

• Appraisal (Feasibility Study)
• Procurement
• Selecting the Right Partner

Session 3

• PPP Contract
• Contract Management and Monitoring
• Discussion

The training was successful with positive feedback from the attendees.

Due to the current Coronavirus pandemic the one day PPP conference in Kabul, Afghanistan has been canceled till further update.

In light of the current circumstances CRUX Consultants management has taken the decision to extend the office closure period till 21st April 2020.

CRUX Consultants will close all its offices from 23 March till 5 April due to the coronavirus pandemic. In order to protect the health and safety of our employees we will close all the offices and we will be working from home.

We have taken all the necessary measures to ensure that the work continues in a smooth and efficient manner.

CRUX Consultants has been working as a transaction advisor on the first PPP assignment in Afghanistan. In order to highlight the importance of PPP in Afghanistan, and promote the importance of the private sector, we would like to host a one day conference that provides an update on the activities carried out in this sector in Afghanistan and to provide a platform where the private and the public sector can come together.

The venue and further relevant details on the conference will be released in the coming days.

CRUX Consultants received its ACCA Approved Employer Trainee Development - Platinum certificate from the Association of Chartered Certified Accountant, which is valid from 04 December 2019.

Through this certification CRUX Consultants, employees who are ACCA trainees and FIA students can claim performance objective exemption.

Background:

The Ministry of Finance of Afghanistan contracted CAFC in order to conduct a training in Tashkent, Uzbekistan. The purpose of the training was to familiarise the participants from the Government of Afghanistan on Non Tax revenue, in order to improve the non-tax revenue collection in Afghanistan, Improve capacity and ability of NTRD staff to improve non-tax revenue collection, management, analysis, and accounting, and Improve capacity and ability of the government line ministries and agencies to collect non-tax revenue effectively and efficiently.

Scope of Assignment:

The participants included officials from the Government of Afghanistan from Ministry of Finance, Ministry of Interior, Afghanistan Civil Aviation Authority, Ministry of Industries and Commerce and Ministry of Communication and Information Technology.

The training focused on improving the capacity of the participants on the following areas:

• Non tax revenue management;
• Public finance administration;
• Revenue collection process mapping;
• Government accounting;
• Monitoring and evaluation;
• Research and analysis;
• Fiscal policy analysis;
• Effective planning;
• Risk management;
• Project management and leadership;
• Plans and proposal writing;

CRUX Consultants and BWHC met with the Ministry of Rural Rehabilitation and Development (MRRD) of Afghanistan in order to negotiate the implementation of a long term project focused on the economic development of women in the north of Afghanistan.

CRUX Consultants have been hired by the government of Afghanistan to review the financial statements of 12 dry ports working in Afghanistan.

Zaranj – Nimroz, Mil78 – Farah, and Islam Qala – Herat, were established in 2006, 2010 and 2006 respectively. The ports are responsible for collecting revenue generated through the Afghanistan-Iran border. As part of the agreement signed with the Government of Afghanistan; CRUX Consultants are please to conclude its field visit to these ports.

Apart from the Islam Qala port, another port also operates in Herat, which is located in Torghandi, and operates under a joint venture agreement between the Government of Afghanistan and a Private firm. The private firm operates two other ports in Afghanistan as well: Hairatan and Aqina, which were also covered under our scope of work.

Ashkasham, Shir Khan, and Aikhanom ports were established in 2012, 2010 and 1993 respectively. These ports are located in the north of the country in Badakhshan, Takhar and Kunduz provinces, and they have a strategic position in collecting revenue from the Afghanistan-Tajikstan Bordar.

Spin Boldak – Kandahar, Torkham – Nangarhar and Ghulam Khan – Khost, ports were established in 2006 through presidential decree and are responsible for collecting revenue generated through the Afghanistan-Pakistan border. In order to deliver on its commitment with the Government of Afghanistan; CRUX Consultant’s completed its field visit and collected all the available data from the ports in 2019.

In 2019 CRUX Consultants joined the global alliance of independent, leading law, accounting, audit, management consulting and trust firms: GGI| Geneva Group International. GGI currently has over 605 active members in over 126 countries: CRUX Consultants became the only firm from Afghanistan and making Afghanistan the 126th country in the network. GGI has been consistently ranked amongst the top 10 associations of the world with over USD 5.6 billion cumulative fee income in 2017. GGI has over 28.9K employees an over 4K partners.

You can find more information on GGI on www.ggi.com