Business

Youth Ambassadors with border officials at Kobero/Kabanga border during the sesitisation programme on the movement of goods,services and people in the region. PHOTO|FILE. The East African Community Youth Ambassadors are undertaking a multi-stakeholder outreach programme that kicked off yesterday targeting the border communities in some of the East African partner states. The aim of...

With more than 60 years of operation in Burundi, BRARUDI remains the largest brewer and soft beverage company in the territory. PHOTO| BRARUDI The Burundi Bureau of Standards (BBN) expressed concerns over the quality of drinks brewed by the country’s major brewery BRARUDI a French acronym for (Brasseries et Limonaderies du Burundi). In a...

The East African Legislative Assembly Committee on Communications, Trade and Investment is meeting in Bujumbura to review the East African Community Customs Management Act 2004, to facilitate and ease the cost of doing trade/business in the community. During the meeting the Director General of customs and trade at the East African Community Bagamuhunda Kenneth...

Burundi’s President Pierre Nkurunziza backed the decision urging Burundians “to take drinks at home and share with their family members”. PHOTO| FILE. Curfew on bars in Bujumbura have raised mixed reactions in citizens and bar owners on the impact the measure is causing to the Burundian society and the economy. In November...

One of Burundi’s telecommunication company Econet- Leo is on the verge of collapsing after the country’s Revenue Authority (OBR) ordered banks to transfer its funds to the Communications Regulatory Authorities (ARCT) account as payment of tax arrears.  “This is to pay ECONET LEO's debt of 88,756,006 572 BIF and $44,344,346 representing the arrears owed...

The East African Community (EAC) Secretary General Peter Mathuki this Wednesday launched the EAC Regional Domestic Tourism Media Campaign where media outlets expected to disseminate, and showcase the tourism potentials the region possess in efforts to revamp the sector after being largely hit by the covid-19 pandemic since last year. While addressing the journalists...

During the East African Community Agriculture Budget Summit last week, small scale farmers in member states expressed concerns over the agriculture sector that has remained under funded calling on the member states to meet the Malabo declaration. “I acknowledge so many challenges that our small scale farmers in the region face including inadequate access...

Burundi’s small scale traders were left in dilemma after the Central Bank’s move to stifle the forex bureaus country wide that exchange foreign currency on a much higher rate. PHOTO| FILE As Burundian government stepped up to suspend the operationalization of the forex bureaus in the country, some economic analysts backed the government’s decision arguing that the...

Trademark East Africa (TMEA) partnered with the Burundi Federal Chambers of Commerce (CFCIB) signed a Public Private Dialogue project in Burundi worth $25,000 this Wednesday 9th. September, 2020. The project is expected to last for 2 years aiming at providing a platform to expose communication challenges for Burundi traders as well as trade Non-Tariff Barriers (NTBs).

The East African Business Council has called on the East African Community (EAC) Partner States to fast track opening of air transport services to boost regional trade, tourism and hospitality sectors. In a statement released by the EABC, the Business Council said that it appreciates the measures by the EAC...