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Burundi’s telecom giant Econet owes more than $44 million in taxes, accounts risks getting frozen

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...

Burundi’s Ndayishimiye arrives in Dakar ahead of the summit 

Burundi’s president Evariste Ndayishimiye this Tuesday arrived in Senegal’s capital Dakar to participate in the second edition of the Dakar Summit on food in...

Burundi Central Bank imposes ceiling on cash deposits and withdrawals

Burundi’s Central Bank (BRB) on Friday announced a ceiling for cash withdrawals and deposits to all commercial and micro finance banks starting January 16th,...

Intra-EAC trade grows to more than $10billion

Intra-regional trade within the East African Community (EAC) is on an upward trajectory standing at $10.17 billion in September 2022 according the EAC Secretariat....

New COMESA energy model to ease energy business 

The Common Market for Eastern and Southern Africa – COMESA has developed regional policy frameworks that will assist Member States to improve the quality...

Remittances increase by 115 percent in Burundi

Burundi remittances is now said to have increased by 115 percent according to the country’s Central Bank (BRB), while addressing the press the BRB...

Burundi Central Bank suspends special refinancing framework for growth sectors

The governor of Burundi’s Central Bank (BRB) Dieudonne Murengerantwari has this Friday announced the suspension of the special refinancing framework for growth sectors, days...

Region to wait longer for a single currency

The East African Community has proposed another deadline for a single currency while expected to miss out on the 2024 deadline that was initially...

EABC urges Burundi government to waive covid-19 testing

The East African Business Council (EABC) Chief Executive Officer John Bosco Kalisa called on the Burundi government to waive COVID-19 testing for fully vaccinated...

Kenya Wants China to Extend $5 Billion Debt Repayment Period

Kenya plans to ask China for a longer repayment period on $5 billion of loans it used to build a new railway line, Transport...

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