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...

The East African Business Council (EABC) is calling for partner states to adopt a 35 percent tariff on imported goods outside the East African Community in what it says will help promote and develop regionally manufactured products. “The way to protect our infant industry is to raise the common external tariff for those products...

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

Burundi cross-border traders and officials will now start using a mobile application to report trade barriers. The East African Community (EAC) Secretariat and TradeMark Africa’s (TMA) Burundi Programme conducted a two-day training on Non-Tarriff Barriers (NTBs) for Burundi’s cross border trade participants who included customs officials, border police, freight forwarders, clearing agents, and representatives...

With the exception of Air Uganda, regional carriers like Kenya Airways, Rwanda Air, Ethiopian Airlines issued a statement to its customers and travel agencies that tickets will be bought in US dollars or Euros effective this Wednesday 27th.

New East African Business Council (EABC) study on the impact of Covid-19 in the tourism &hospitality sector reveals 2.1 million jobs lost in 2020 in the EAC region. East Africa Community (EAC) Partner States are estimated to have lost international tourism receipts to the tune of $ 4.8 Billion in the year 2020, following...

The annual inflation rate for the month of September 2020 increased to 81.9% up from 23.4% recorded in the same month last year. This means that prices of goods and services in the participating Member States went up. According to the latest Harmonized Consumer Price Index (HCPI) which measures inflation rate in the COMESA...

Burundi president Evariste Ndayhsimiye this Tuesday September 27th officially kicked off the business summit between Burundi and Nigeria in Bujumbura in efforts to strengthen the bilateral cooperation between the two countries through investment in the private sector and trade promotion. “This Burundi and Nigeria Business summit calls for ambitious commitments to break the current...

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...

During Academy Public-Private Partnership Forum (APPPF) session held in Tanzania (Arusha) early this month, The Nelson Mandela African Institution of Science and technology (NM-AIST) and The East African Business Council (EABC) asked for additional funding to help investors drive Africa’s sustainable economic development. The APPPF that was held at Gran Melia Hotel, Arusha regional...