Our People > Dmitry Pokidaev

Dmitry Pokidaev

Journalist

Dmitry Pokidaev is a journalist based in Astana, Kazakhstan, with experience at some of the country's top media outlets. Before his career in journalism, Pokidaev worked as an academic, teaching Russian language and literature.

Articles

Banking National Bank Gold Coin Digital Investment Coin

National Bank of Kazakhstan to Launch Digital Investment and Gold Coins

The National Bank of Kazakhstan has announced the launch of the Gold Coin project, a digital investment coin, starting March 17. The coin’s value is pegged to 1/20 of a troy ounce of gold, fluctuating based on global gold prices. According to the National Bank, the Gold Coin project aims to offer Kazakhstani citizens an alternative investment tool, integrating digital assets with modern financial technology. One unit of the Gold Coin corresponds to 1/20 of a troy ounce of gold (with one troy ounce equaling 31.1035 grams). The coin’s value will be determined by the price of gold, as set by the London Bullion Market Association (LBMA), and the official exchange rate of the tenge against the U.S. dollar on the preceding day of a transaction. As of the evening of March 13, the price of gold on the London Stock Exchange stood at $2,924.80 per troy ounce. “The new investment instrument will be available through the Tabys mobile application of the Astana International Exchange (AIX), part of the Astana International Financial Centre (AIFC). Users will be able to buy, sell, and gift Gold Coins online. Additionally, holders who accumulate 20 units of Gold Coin can exchange them for a physical ÚKI gold investment coin at National Bank branches nationwide. The ÚKI coin will be introduced into circulation on March 17, 2025,” the National Bank stated in a press release. The ÚKI gold coin was unveiled in February 2025 at the World Money Fair in Berlin, the world's largest numismatic event. The fair gathers central banks, mints, coin production companies, designers, and numismatic publishers. Kazakhstan’s National Bank presented the ÚKI coin, which is made of 99.99% pure gold (Au 999.9), weighs 31.1 grams, and has a face value of 100 tenge. The coin will also be available for purchase via the Tabys application. At the end of 2024, the National Bank of Kazakhstan issued commemorative collector coins, including S. Nurmagambetov. 100 JYL from the “Outstanding Events and People” series and Alexander the Great from the “Great Commanders” series. The first coin, honoring Kazakhstan’s first Minister of Defense and national hero Sagadat Nurmagambetov, is made of cupronickel (MN 25), weighs 15 grams, has a face value of 200 tenge, and was minted in a quantity of 5,000. The Alexander the Great coin is made of sterling silver, weighs 31.1 grams, has a face value of 1,000 tenge (approximately $2), and was issued in a limited run of 2,000 copies. As previously reported by The Times of Central Asia, Kazakhstan began issuing coins with inscriptions in its new Latin-based alphabet in 2019.

3 days ago

Kazakh Floods Spring Season Flood Risk

Eight Regions in Kazakhstan Face High Flood Risk

Kazakhstan's National Headquarters for Coordination of Flood Control Measures has identified the most flood-prone regions of Kazakhstan. As of March 13, 67% of the country remains covered in snow. Minister of Ecology and Natural Resources Yerlan Nyssanbayev noted that snowmelt has already begun in the Kyzylorda, Turkestan, Zhambyl, West Kazakhstan, Atyrau, and Mangystau regions. Meanwhile, maximum soil freezing has been recorded in the northwest, northeast, and central parts of the country. In the Kostanay region, frost penetration exceeds 150cm, while in the Akmola region, it reaches 139cm. The Pavlodar and Karaganda regions have experienced frost depths of up to 159cm and 132cm, respectively. Weather forecasts indicate that March and April will be warmer than usual, with heavy precipitation expected in most of the country, increasing the risk of flooding. For the first time in 2025, Kazakhstan has issued detailed flood risk assessments for each region, including maximum water flow levels, runoff volumes at hydrological posts, and at-risk settlements. Based on this analysis, eight regions have been classified as high-risk flood zones: East Kazakhstan, Karaganda, Akmola, North Kazakhstan, Kostanay, Aktobe, Abay, and Ulytau. An additional five regions, Almaty, Zhambyl, West Kazakhstan, Atyrau, and Zhetisu, are considered medium-risk zones. “Regions must maintain a high level of preparedness. Akimats [local councils] should take comprehensive measures to prevent flooding in settlements, prioritizing protection from steppe water. Culverts, bridges, and drainage systems should be cleared of ice and debris, and riverbanks must be reinforced. Bottlenecks in rivers should be widened. Additionally, emergency response teams must be stationed in flood-prone areas, with designated evacuation sites fully equipped with life-support resources,” said Prime Minister Olzhas Bektenov. The Ministry of Emergency Situations has been tasked with providing round-the-clock monitoring of the flood situation. In the event of worsening conditions, additional emergency response forces will be deployed. According to Minister of Emergency Situations Chingis Arinov, more than 37,000 civil protection personnel, 13,000 units of equipment, 4,000 water pumps, and 640 boats have been mobilized. Ministry aircraft remain on standby, and a reserve force of 1,000 employees with 120 specialized vehicles, 123 water pumps, and 39 boats is also prepared for deployment. As The Times of Central Asia previously reported, Kazakhstan began releasing water from reservoirs in January to maximize capacity ahead of spring floods. However, last year, the greatest damage was caused not by overflowing rivers but by the rapid melting of the snowpack.

3 days ago

Kazakhstan Calls for Investigation into Rare Earth Metals Exports

Azat Peruashev, head of the Ak Zhol parliamentary faction, has urged authorities to investigate subsoil users over alleged uncontrolled exports of rare earth metals. Parliamentary Inquiry Peruashev outlined his concerns in a parliamentary request addressed to Kazakhstan’s Anti-Corruption Service chief Askhat Zhumagali and Minister of Industry Ersaiyn Nagaspayev. "Social media posts by former Kazakhmys laboratory assistant Bakyt Adilova allege that the corporation exports ore and copper concentrate without conducting chemical analysis, concealing the presence of valuable and rare earth metals. She claims the company artificially devalues exported resources, harming the national economy to benefit oligarchs," Peruashev stated. He also cited an interview with geologist Bakyt Muratov on Elmedia, in which the expert criticized the absence of laboratory analysis in ore and concentrate exports. Muratov noted that for decades, major mining companies have shipped raw materials abroad for processing, leaving Kazakhstan unaware of the true value of its exports. "We still do not know exactly what we are selling. Complex ores are being exported without proper analysis. No one knows the vast sums of money that have left the country and returned as finished products," Muratov said. The Ak Zhol parliamentary faction is demanding official confirmation or denial of these claims. Lawmakers insist that authorities either prosecute those spreading false information or launch an anti-corruption investigation. Additionally, the party is calling for tighter government oversight of mineral exports. "Kazakhstan holds significant reserves of rare earth metals, including lanthanum, cerium, and yttrium, strategic elements crucial for high-tech industries. Rare earth metals are emerging as the 'new oil' in the global economy, with their availability increasingly influencing global power dynamics. Experts estimate that demand for some of these metals could grow up to 40-fold in the coming years," Peruashev concluded. Response from Kazakhmys In response, Kazakhmys Corporation stated that it does not engage in targeted mining of rare earth metals. However, the company acknowledged that small amounts of rare metals are recovered during acid washing processes. The corporation explained that production waste is processed at Zhezkazganredmet, a state-owned enterprise specializing in the separation and refining of rare metals. Waste from precious metal production is handled by Kazakhmys Progress LLP, which is responsible for refining. “All company operations are strictly regulated by the relevant authorities. We fully support stronger state oversight of mineral exports and are open to dialogue with government agencies. Allegations of concealing rare earth metals or artificially lowering the value of exported raw materials are baseless and do not reflect reality,” Kazakhmys said in a statement. Kazakhmys and the Broader Rare Earth Metals Landscape Kazakhmys was established as a joint stock company in August 1997 and re-registered as a limited liability partnership in January 2005. The company specializes in mining and processing copper ore into cathodes and rods, refining and selling precious metals, and managing by-products from copper production. Kazakhmys ranks as the world’s 20th largest producer of copper in concentrate (271 ktpa) and 12th largest producer of blister and cathode copper (377 ktpa and 365 ktpa, respectively). Its operations include...

1 week ago

Water Floods reservoirs concerns

Four New Reservoirs to Be Built in Kazakhstan

Kazakhstan’s Ministry of Water Resources and Irrigation plans to begin construction of four new reservoirs in the west and south of the country this year, Minister Nurzhan Nurzhigitov announced at a government meeting. Kazakhstan regularly faces two conflicting water-related challenges: the risk of spring floods inundating settlements and a summer water shortage for agricultural irrigation. To address both issues, construction of the new reservoirs will begin in 2025. The Akmola and Kalguty reservoirs will be built in the Zhambyl region in southern Kazakhstan, while the Karaozek reservoir will be located in the Kyzylorda region in the southeast. The Bolshoi Uzen reservoir will be built in the West Kazakhstan region. "The Akmola, Kalguty, and Karaozek reservoirs will ensure water supply for 22,500 hectares of irrigated crops during the growing season, while the Bolshoi Uzen reservoir will help retain flood and meltwater, preventing flooding in two settlements with a combined population of 5,000," Nurzhigitov said. In addition to the new reservoirs, the government plans to reconstruct the Ters-Ashchybulak and Karakonyz reservoirs in the Zhambyl region, as well as the Koskorgan reservoir and the Koksarai counter-regulator in the Turkestan region in 2025. As part of an irrigation infrastructure modernization program, 115 canals covering a total of 3,452 kilometers will be upgraded across six regions: Almaty, Zhambyl, Zhetysu, West Kazakhstan, Kyzylorda, and Turkestan. Additionally, new structures will be built to replenish the Astana reservoir. "By the end of the year, 12 projects for the construction and reconstruction of group water pipelines will be completed, providing 153 villages, home to 423,000 people, with access to quality drinking water. At the same time, 52 settlements will be connected to a centralized water supply system," Nurzhigitov added. Flood Preparedness Concerns Meanwhile, Kazakhstan’s ruling AMANAT party held a meeting of its Party Control Committee, which sharply criticized the country’s flood preparedness. According to party officials, 1,223 settlements across Kazakhstan are currently at risk of flooding. The country has 1,395 hydraulic structures designed to control water flow, but 564 of them require repairs, including 20 that are in critical condition. In the event of their failure, 536 settlements, home to more than 1.3 million people, could be at risk of severe flooding. The party emphasized that public concerns over flood preparedness remain high, with approximately 100 complaints submitted this year regarding the condition of dams, drainage channels, and other protective infrastructure. As The Times of Central Asia previously reported, Kazakhstan began releasing water from reservoirs as early as January to maximize storage capacity ahead of the flood season.

2 weeks ago

Regulation AI Draft Law

Kazakhstan Introduces AI Regulation Bill to Ensure Human Oversight

Deputies of the Mazhilis, the lower house of Kazakhstan's parliament, have introduced a draft law titled On Artificial Intelligence. The legislation proposes a complete ban on digital systems that make decisions without human intervention. The bill was presented by one of its key developers, Mazhilis deputy Ekaterina Smyshlyayeva, who emphasized the need for a transparent and effective legal framework for integrating AI into Kazakhstan’s economy. “President Kassym-Jomart Tokayev has repeatedly highlighted the importance of AI development and issued relevant directives. During a recent visit to the Artificial Intelligence Development Center, he stressed the need for a balanced approach to AI regulation. On one hand, it is a matter of security; on the other, it is essential for development. Striking this balance is crucial,” Smyshlyayeva stated. To address security concerns, the bill seeks to prohibit fully autonomous AI systems that operate without human oversight, aiming to reduce the risk of unintended consequences. AI Classification and Regulation The proposed legislation classifies AI systems by risk level: High-risk: AI systems that impact human life and health or are used in public administration will be subject to strict regulation. Medium-risk: These systems require oversight but with fewer restrictions. Low-risk: AI systems in this category can be developed without regulatory intervention. The bill also calls for the creation of a National AI Platform, a state-led technological infrastructure for AI development, training, and testing. Additionally, lawmakers propose restrictions on AI applications that assess individuals based on social, biometric, or behavioral characteristics. The bill also seeks to ban AI technologies designed to manipulate human behavior. Violations of these provisions would result in administrative penalties under a newly proposed amendment to the Code of Administrative Offenses. Lawmaker Expresses Fear of AI During the bill’s presentation, MP Anas Bakkozhayev openly admitted his concerns about artificial intelligence, stating that AI threatens national traditions and intellectual independence. “I view AI with caution, sometimes even fear. This path leads to degradation. Humans should think and analyze for themselves. Otherwise, where are we headed? Are we merely following global AI trends? What about our traditions, culture, and intellectual capabilities? I fear AI,” Anas Bakkozhayev said. He also criticized the use of AI by Kazakh officials, arguing that neural networks have become a tool for bureaucrats who prioritize their superiors’ opinions over independent thought. Furthermore, he raised concerns about AI chatbots, such as ChatGPT, potentially gathering sensitive data that could threaten national security. Kazakhstan’s AI Landscape As previously reported by The Times of Central Asia, the Chinese robotics company AgiBot recently signed an agreement with Kazakhstan’s Ministry of Digital Development, Innovation, and Aerospace Industry to establish a joint venture for AI-powered robotics in Kazakhstan's industrial facilities. However, the expansion of AI remains a contentious issue in Kazakhstan’s parliament. Last December, Smyshlyayeva's colleague, MP Magerram Magerramov, proposed restricting the use of ChatGPT and other generative AI tools in schools, arguing that their overuse weakens students’ critical thinking and problem-solving skills.

2 weeks ago