Business

The 5th edition of the YouthConnekt Africa Summit is under the theme Accelerating Investments in Youth: “Resilient Youth, Resilient Africa”, will be held from 13 – 15 October 2022 in Kigali, Rwanda. Building on its unique convening power, the edition of the continental annual youth gathering projects is set to attract over 10,000 participants...

Burundi government early this week made a tactical change of the bank notes as speculation continue to flood social media.

Burundi has been hit by one of the longest fuel shortage period as citizens in Bujumbura find it more difficult to move from one place to another due to the lack of public transport with long queues being witnessed at fuel stations. Bujumbura as the economic capital daily activities kicks off in the early...

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 and Uganda held a 3rd session of the Joint permanent commission in Bujumbura to review and take stock of implications of the decisions made during the second session, and recommend new areas of operations and improving the bilateral relations and livelihood of their people. At Kiriri Garden hotel in Bujumbura last week, Burundi and...

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...

Billions of Burundian Francs were collected throughout the ten days of the ultimatum given by the country’s Central Bank to phase out the old banknotes, from 7th to the 17th of June 2023 all over the Burundian territory. The phased out banknotes were of 5,000 and 10,000, in the country’s western provinces of CiBitoke...

The East African Business Council, COMESA and SADC Business Council have officially launched and formed the African Tripartite Business Council to spearhead the inclusion of private sector policy proposals into the negotiations of African Continental Free Trade Area (AfCFTA) Agreement and the African Tripartite Free Trade Area (TFTA).  This is one of the resolutions...

Russia is guilty of creating a food security crisis and higher energy prices through its war with Ukraine, but China has — under the radar — also taken actions in three areas that are exacerbating inflation worldwide, said the Peterson Institute for International Economics. “Russia’s war in Ukraine has taken a shocking toll on the region,” wrote PIIE...

Burundi Breweries (BRARUDI) and Burundi Cement Company (BUCECO) announced the inflation of their commodity prices that took effect this Monday. According to the two companies, it is said that the price increase is due to the inflation of the raw materials and energy. “The cement price of a 50 kg bag...