Economy

OBR exhorts journalists to raise awareness of role of tax collection
09-07-2018
■
Burundi Revenue Authority has organized this 6 September, a workshop for journalists of local radio stations and newspapers to raise awareness of the importance of paying taxes. Léopold Kabura, Deputy Commissioner of Burundi Revenue Authority says any taxpayer will pay taxes if s/he understands a little a bit the (...)

Bus fare increases by 5% in Burundi
08-10-2018
■
“The bus fare in Bujumbura city increases from BIF 380 to 400, while transport prices inside the country must not exceed a 5% increase for both people and goods,” reads in a communiqué jointly released on August 9th by the Ministries of Commerce, Transport, Energy and Mine as well (...)

Burundi government increases gasoline and diesel prices
08-09-2018
■
Prices per liter of gasoline and diesel at the gas pump respectively increase from BIF 2, 250 to 2,400 and from BIF 2,250 to 2,350 since August 8. Oil price remains unchanged. Côme Manirakiza, the Minister of Energy says the fuel price increases is relative to the increase in (...)

Burundi: Lumitel employees denounce unfair working conditions
08-08-2018
■
About 400 staff members of Vietel Burundi Cell Company known as “Lumitel” throughout the country have organized a demonstration peaceful march in the morning of 7 August to stand against harsh and unfair working conditions. All of them were wearing black shirts and T-shirts. “We would like to show (...)

Burundi: Coffee harvest campaign to be run until August 5
07-27-2018
■
Déo Guide Rurema, Minister of Environment, Agriculture and Livestock says cherry coffee is still observed on coffee trees. He says the pulping and washing stations should continue to receive cherry coffee until August 5.”As it will not be of good quality, it will be bought at the price of (...)

Taxi users deplore arbitrary measure
07-19-2018
■
All cars carrying passengers in rural public transport must have a black plastic sticker which serves to distinguish taxis operating inside the country from those operating in Bujumbura city. Since 16 July, the police have seized taxis that do not have this sticker and fined their drivers with BIF (...)

Economic experts doubt authenticity of figures of jobs and companies announced by API
07-19-2018
■
Jean Prosper Niyoboke, an economic expert says there is a need to analyze the authenticity of the number of companies and jobs created as announced by Burundi investment agency-API. “We wonder if jobs and companies registered in API are potential or effective”, says that economic expert while reacting to (...)

Burundi: CSOs concerned over new economic development program
07-04-2018
■
Gabriel Rufyiri, chairman of OLUCOME, the corruption watchdog says he doesn’t believe in the success of the economic development program announced by Burundi President. “It’s a program for the government not for the population”, he says. President Pierre Nkurunziza has announced in his address to the nation on the (...)

Burundi: Growing population and unclear policies hamper development of agriculture sector
06-28-2018
■
In a round table meeting about rural development in Burundi organized by the EU and different experts in the agriculture sector, the European Union representatives say the organization has been involved in the agricultural sector but found it difficult to develop it because of the growing population and unclear (...)

World Bank to support government project to boost Burundian economy
06-22-2018
■
USD 50 million is the amount that the World Bank has given to Burundi government to support the “Local Development Project for Employment-PDLE”. This money will be used in different sectors of the country’s life to boost its economy. Nestor Koffi, Country Manager for the World Bank Group in (...)