EAC hits $2.6 billion worth of exports to European Union
The East African Business Council (EABC) this week announced that East African countries export to the European Union hit $2.6 billion in 2020 despite the challenges the region faced during the covid-19 pandemic.
The CEO of the EABC John Bosco Kalisa during a meeting with the ambassador of the European Union (EU) to Tanzania...
Kenya’s expressway charges increases by 16 percent
Kenyans will pay more to use the new Expressway covering a stretch of 26 kilometers from Jomo Kenyatta Airport to Westlands with an extension on both sides, after the rates were adjusted up by 16 per cent in what is attributed to the dollar exchange.
The modern road was put up at the cost of Sh88 billion...
It’s not just Russia – China’s also contributing to higher inflation worldwide, report says
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...
In Burundi not all celebrated Labor Day
The first of May every year is celebrated to pay tribute to workers, and Burundi Labor Day celebration will be done on Monday May 2nd according to the government’s communique.
With the celebrations expected to be marked with marching and showcasing different products produced in the country by companies and individuals, this year’s celebration...
Burundi fuel hikes, transport gets cumbersome
After almost a month of fuel crisis in Burundi, the government announced on Thursday the new fuel tariff in the country making it the second time in less than a year for fuel price to increase.
Gitega said that there was disruption in the importation and distribution of fuel in the country due to...
Extra funding for African economy to sustain development
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...
U Talk adds Kirundi language on its Application
Euro Talk (U Talk) language learning company added Kirundi language on its long list of languages in efforts to open doors to non-Kirundi speakers to learn the language.
“We are really pleased to have added Kirundi to the App which will help open up this important language to an international audience,” said Richard Howeson...
Fuel shortage disrupts business in Burundi, transport gets hectic
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...
An A380 superjumbo just completed a flight powered by cooking oil
It's huge, it's wide, and it's potentially a lot more sustainable. The Airbus A380, a behemoth of the skies, has completed a trial flight powered on cooking oil.
The test airplane completed a three-hour flight from Blagnac Airport in Toulouse -- Airbus' French headquarters -- on 25 March. It was powered by Sustainable Aviation...
Burundi-Uganda talk to boost bilateral trade
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...