Business

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 mayor of Bujumbura Jimmy Hatungimana has given street vendors an ultimatum to leave the streets during his routine visits in Bujumbura on Thursday this week. While in Rohero in one of the busiest streets, Bujumbura mayor gave four days for all the street vendors to leave the streets and relocate to markets or...

Professor Salomon Nsabimana is a 48 year old macro economist, lecturer at the University of Burundi, a consultant and among the experts that drafted the Burundi National Development Plan 2018-2027. He spoke to Burundi Times’ Joella Nichiteretse on what the country should implement in meeting the Competition Policy Protocol of the African Continental Free...

Burundi’s 2022-2023 annual budget increased by a whopping 40% according to the country’s finance minister Domitien Ndihokubwayo while he introduced the budget to the parliament in Bujumbura earlier this week. “Citizens also should help contribute for the annual projects as the budget records a shortage of almost 200 Billion BIF during the 2022-2023 annual...

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...

Burundi’s former Central Bank (BRB) governor Dieudonné Murengerantwari and a city tycoon Sylvestre Niyonsaba were arrested by

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.

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...

In COMESA region, the leading recipients of remittances were Egypt (US$ 26,791 million), Kenya (US$ 2,819 million), Tunisia (US$ 1,912 million), DR Congo (US 1,823 million) and Zimbabwe (US$ 1,730). PHOTO| FILE Remittance flows to Sub Saharan African countries expected to drop by 23.1% from $48 billion in 2019 to $37 billion in 2020 in...