Economy
'

Diesel fuel shortage to be solved soon, Ministry of Energy reassures

12-05-2018 The shortage of diesel fuel has been reported since last weekend on gas stations of the provinces of the interior of the country as well as in Bujumbura. Léonidas Sindayigaya, spokesman for the Ministry of Hydraulics, Energy and Mines announced on December 4 that the slowdown in the supply (...)
'

Geographical distance and ignorance as main causes of low financial inclusion in Burundi

11-29-2018 According to a survey conducted by Burundi National Bank in 2016, the rate of financial inclusion has moved from 12, 5% in 2012 to 21% in 2016. Jocelyne-Diane Bizimana, Secretary of the national committee in charge of financial inclusion says the number of people using financial institutions remains low (...)
'

2015 political crisis affected tea sector, says Burundi Tea Office

11-23-2018 Jacques Bigirimana, Managing Director of Burundi Tea Office says tea customers have boycotted Burundi tea following the political crisis that has erupted in the country over the past few years. “Some of our customers are very selective about our tea due to political reasons arguing that it is not (...)
'

Burundi Revenue Authority to collect BIF 800 billion during 2018

11-20-2018 Audace Niyonzima, Commissioner General of Burundi Revenue Authority-OBR says the revenues collected have significantly increased since the implementation of taxpayer’s day in 2016. “The taxes collected have moved from BIF 637 billion in 2016 to BIF 754 billion in 2017,” says OBR Commissioner General adding that there has been (...)
'

Burundi National Bank to boost productive sectors

11-09-2018 Burundi Central Bank has organized, on November 8, a debate session with managing directors of commercial banks and microfinance institutions to assess the current macroeconomic situation. They have agreed upon improving the productive investments which have almost been neglected. Jean Ciza, Governor of Burundi National Bank says there are (...)
'

64.6% of Burundians live in poverty, economic expert says

10-18-2018 While the world celebrates the Day for Eradication of Poverty on 17 October, studies reveal that economic and political crises, natural disasters, violence, loss of biodiversity…have caused poverty among Burundians. Gilbert Niyongabo, an economic expert says the poverty line in Burundi has moved from 67.1% in 2006 to 64.6% (...)
'

Deadline for 2018-2019 Coffee Campaign payment fixed in 2 weeks

10-04-2018 Emmanuel Niyungeko, Director General of the regulatory authority of the coffee sector –ARFIC, says a meeting chaired by the Minister of Agriculture with institutions operating in coffee sector, private banks and the central bank was held to find a solution to the problem of delay in the payment of (...)
'

Few traders took places in Ngagara rehabilitated market

09-21-2018 Opened on 10 September, the third of shops and stands already constructed are occupied in the newly rehabilitated market located in Ntahangwa municipality in the north of the capital Bujumbura. That market has about 930 places of stands and 320 shops. Anastase Sazi, commissioner of Ngagara market says traders (...)
'

Business activities in Rumonge port slow down

09-19-2018 “Increased” taxes, Burundian currency depreciation… are some causes of a slow movement of Congolese traders at Rumonge port. As a result, trade has slowed down for more than two months. It is around 10:00 a.m. in Rumonge port, southern province of Burundi. On 10 September, a dozen boats that (...)
'

Rainfall to be generally higher than normal, IGEBU forecasts

09-14-2018 “Seasonal rainfall in September, October, November and December 2018 will be above normal climatic conditions in a larger part of Burundi,” said Augustin Ngenzirabona, Hydrometeorology and Agglomeration Director at the Geographical Institute of Burundi (IGEBU) on September 13. According to weather forecasts, the western, north-western and central parts of (...)
error: Content is protected !!