SMEs in Burundi learn about AfCFTA

The East African Business Council (EABC), in collaboration with the African Export-Import Bank (Afreximbank),

Burundi: The bitter sugar

Lack of sugar in Burundi for several months has now resulted in the suspension of some local leaders who were suspected of diverting essential sugar supplies from citizens.

High charges could derail electronic transactions in Burundi

Burundi's Central Bank (BRB) urged citizens to use electronic transactions to reduce cash transactions. The cashless payment system is said to be secure, reliable and prevent money laundering "To prevent inflation, the Bank of the Republic of Burundi (BRB) is doing a close follow up of the amount of bank notes in circulation regarding...

Burundi farmers still struggle to access markets

Farmers in the central province of Muramvya in Burundi are desperate to access international markets for their products in efforts to expand

Traders go on strike over inflated rentals

Burundi traders in the popular markets of Ruvumera and Jabe located in Bujumbura went on strike this Monday morning over the country’s Revenue Authority (OBR) introduced new tariffs for renting the shops in and stands in the markets. “These rates which were imposed on monthly basis doesn’t do any good for traders because the...

iSOKO to facilitate women in business

Burundi's iSOKO a digital platform which was officially launched in Bujumbura last Friday is set to facilitate the intra-regional trade in the East African Community mainly targeting women traders.  During the official launch of iSOKO Platform that was held at Hotel Club du Lac on Friday 28th of August, Trade Mark Africa (TMA) has...

6 Bars closed in Ngozi for over pricing

On Tuesday July 25th in the evening, six bars were closed in the country’s northern province of Ngozi due to what the Internal Affairs ministry called illegal and over charging of drinks. “Police in collaboration with the administration and the joint security committee closed 06 cabarets (INNOVA1, La Reine, Kugasaka, Nack Mat Bar, Just...

Burundi urged to embrace liberalization of air transport 

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...

Burundi to receive $271 million from IMF

The Executive Board of the International Monetary Fund (IMF) on Monday approved a 38-month arrangement under the

Private Sector employs 90 percent of Africa’s working age

While address a session of the 14th African Union High Level Private Sector Forum at the Kenyatta International Convention Centre in Nairobi, Kenya’s Cabinet Secretary for East African Community and Arid and Semi-arid Lands Rebecca Miano indicated that collaboration of regional value chains in Africa will open up domestic markets, achieve economies of scale and improve competitiveness...