Business

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...

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...

Fire gutted Kamenge market considered to be one of the busiest markets in Bujumbura in the wee hours of Saturday morning. Traders were left counting losses after a big part of the market went down in flames as fire fighters spent several hours trying to extinguish the fire. “Ivestigation has been...

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...

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...

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...

The Common Market for Eastern and Southern Africa (COMESA) has called on Gitega to join other African Union member states and reap the benefits of the liberalised air transport market.  During the Single African Air Transport Market (SAATM) awareness workshop conducted in Burundi from 19 – 20 July 2023, Jean Claude Kanene Burundian Assistant...

Burudi's president Pierre Nkurunziza together with Evelyn Butoyi the minister for youth during the official launching of the bank in Gitega on April 15th. 2020. PHOTO| Burundi government. Burundi’s president Pierre Nkurunziza on Wednesday April 15th 2020 officially launched a Youth Investement Bank (BIJE) with the aim of fighting Youth unemployment in the country through providing loans...

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...