China’s Growth Forecasts Cut as Covid Lockdowns Spread
China’s economy is coming under strain because of an escalating Covid outbreak, with economists warning of a deeper slowdown if lockdowns in Shanghai and elsewhere continue to expand.
Natixis SA estimates the Covid controls will cut the economic growth rate in the first quarter by 1.8 percentage points. Long-lasting restrictions across the country could...
How Kenya Railways paid over Sh1bn SGR compensation to faceless individuals
Lawmakers have given the Kenya Railways Corporation (KRC) three months to recover Sh1 billion it paid as compensation to faceless individuals that were affected by the building of the standard gauge railway (SGR).
The details of the payments to unverified individuals by Kenya Railways are contained in the 24th Report on State Corporations by...
World Bank: Connecting 300 million to electricity by 2030 in Africa
The World Bank Group and African Development Bank Group announced on Wednesday April 17th 2024 the partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
In a press statement released by the World Bank, The World Bank Group will work to connect 250 million...
Q and A with Bernadette Niyoyitungira
Burundi Time’s Joella Niciteretse spoke with Bernadette Niyoyitungira a student at Summit University a victim of 1993 civil war, shared her passion and experience in social and professional life.
Bernadette is finalizing her studies at Summit International University majoring in Hospitality and tourism. She became the first Runner- Up of the Miss handicap Burundi...
US ambassador hails Ndayishimiye’s government reforms
As the US Ambassador to Burundi Melanie Harris Higgins bids farewell after finishing her mandate of being US ambassador in Burundi
How Regional States Can Mitigate Negative Effects of Covid-19 Pandemic on Trade
These gains will be eroded especially if regional States do not stand together and collectively respond to the Covid-19 pandemic. PHOTO|FILE.
The gains made by countries in the eastern and southern Africa, through free trade are under threat. In the Common Market for Eastern and Southern Africa - COMESA, with 21 countries, internal...
Rare fumigant keeps Kenya’s avocados off Chinese market
The road to exporting avocados to China for Kenyan farmers appears not only to be too long and winded, but also very bumpy.
So lengthy is the road that after years of lobbying and six months since Kenya signed a deal with the Asian nation to export the produce, no fruit has left the...
20 years of EAC integration, member countries in a sour relation
From Right: Uganda's EAC minister Kirunda Kivejinja, EAC Secretary General Limberat Mfumukeko and EALA Speaker Martin Ngoga at the EAC HQ in Arusha while celebrating 20 years of regional integration on November 30th, 2019. PHOTO| Burundi Times
The East African Community (EAC) celebrated 20 years of regional integration since it was revived on...
Fire razes Kamenge market as traders count losses
Fire gutted Kamenge market considered to be one of the busiest markets in Bujumbura in the wee hours of Saturday morning.
Traders were left counting losses after a big part of the market went down in flames as fire fighters spent several hours trying to extinguish the fire.
“Ivestigation has been...
Burundi president vows for economic reforms, double digit growth
Burundi president Evariste Ndayihsimiye during a retreat with senior executives and state executives that took place last weekend, the president vowed for economic reforms that will see the country’s economic growth hit double digits by 2024.
“In response to concerns submitted by senior executives of the state regarding the opacity of public procurement procedures...