Gitega makes tactical change on bank notes

Burundi government early this week made a tactical change of the bank notes as speculation continue to flood social media.

Global growth slows in emerging economies

Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects report. Global growth is projected to decelerate from 3.1% in 2022 to 2.1% in 2023. In EMDEs other than China,...

A 16 year old looks to ease business, services in East Africa

A 16 year old entrepreneur Ansh Sheth is setting up his legacy in East Africa through training the disadvantaged women on building chatbots for their local businesses. Ansh who is a junior at Harker High School is now working with Women in Technology Uganda (WITU) for the easy accessibility of business and services through...

EALA’s Ntakirutimana calls for autonomy

The East African Legislative Assembly (EALA) Speaker Joseph Ntakirutimana has called for EALA autonomy of the regional assembly sighting that the organ of the community does not freely conduct its activities due to lack of funds. "It is better if EALA is given its freedom...this is not only my voice but the voices of...

Fresh floods hit flood victims in Burundi 

In one of the suburbs in the outskirts of Burundi’s commercial city Bujumbura, schools have turned into shelters as floods left the 2020 flood victims stranded. As of last Friday three major sites of Gaharawe, Muyange I and Kinyinya II located in Gatumba in the outskirts of Bujumbura were hit by major floods forcing...

10th East African Petroleum Conference kicks off in Kampala

The Uganda Vice President Jessica Alupo on Tuesday, 9th May, 2023 officially opened the 10th East African Petroleum Conference and Exhibition 2023, themed East Africa as a hub for Investment in Exploration and Exploitation of Petroleum Resources for Sustainable Energy and Socioeconomic Development. The Ugandan Vice President who represented the President of Uganda Yoweri...

EAC constitution consultations resumes in Kenya

The National consultations for the drafting of the East African Community (EAC) Constitution of the Political Confederation resumed in Mombasa, Kenya on Tuesday May 9th, 2023, the exercise is expected to last for 20-days which will include public hearing sessions across the country. "I can confirm to you that the team of experts will...

Commodity Prices to Register Sharpest Drop Since the Pandemic

Global commodity prices are expected to decline this year at the fastest clip since the onset of the COVID-19 pandemic, clouding the growth prospects of almost two-thirds of developing economies that depend on commodity exports, according to the World Bank’s latest Commodity Markets Outlook report. The drop in prices, however, is expected to bring little relief...

Ndayishimiye officially unveils 7.5MW Solar Plant

The Burundi president Evariste Ndayishimiye this Monday officially inaugurated Mubuga Solar Plant in the country’s capital Gitega. The solar energy plant was created between the Burundi government and GigaWatt Global which is expected to generate 7.5MW. In his speech, the Head of State hailed "a real accelerator of socio-economic development".

Burundian Tennis player vows to bounce back

After the loss in Burundi, Sada Nahimana’s team vows to put in hard work in efforts to qualify in the grand slam this year. Burundi hosted for the very first time in the history the women's tennis with the only Burundian flag bearer bowing according to Dario Godfrey. Sada Nahimana’s Coach...
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