01-12-2018 ■ Burundi Investment Agency-API reports that 2289 companies have been registered with an expected 19 410 job created in 2017. Léonard Sentore, Director General of API says the number of companies registered has increased to 5, 3% while the employment expectations increased to 10, 6% compared to 2016 achievements. Sentore (...)

01-12-2018 ■ Prosper Niyoboke, Dean of Faculty of Economic and Administrative Sciences and Management at the University of Lake Tanganyika says the country has to draw up some strategies to find solutions to the budget deficit. He refers to the warning of the corruption watchdog-OLUCOME stating that the current expenses are (...)

01-11-2018 ■ Drivers of bikes, buses and taxis in Rugombo commune of Cibitoke province complain about additional taxes the local administration has recently imposed on them. “Before moving from Rugombo to another commune, we must show the receipt proving that we have paid the annual tax to the commune”, says a (...)

01-04-2018 ■ The joint commission in charge of distributing stands to traders in the newly rehabilitated markets has released lists of traders who will operate in the markets of Kinama and Ruziba in the capital Bujumbura. Traders have a month to set up their stalls in metallic materials. “Traders who were (...)

01-03-2018 ■ In different parts of Bujumbura city, it was not easy to find beverages from BRARUDI (Burundi Brewing Company). Consumers express discontent over this shortage which is observed every festive season. “Why can’t BRARUDI find strategies to find a solution to this problem? I can’t understand how I die of (...)

12-30-2017 ■ The local NGO PARCEM says Burundi is in a critical situation as all reports produced all along 2017 place it in the last position. The organisation says it is up to each and everyone to review their contribution to avoid further chaos. A low ranking, youth unemployment, extreme poverty, (...)

12-26-2017 ■ Traders operating in six markets of the capital Bujumbura complain that it is taking too long to return to the newly rehabilitated markets. They say that the temporary ones are not appropriate enough to work in especially during the rainy season. Since January 2016, Bujumbura city council asked different (...)

12-14-2017 ■ A delegation of seven staff members of COMESA secretariat landed at Bujumbura International Airport this Thursday 14 December to prepare the COMESA summit which will be held in Burundi, in the first quarter of 2018. A team of Common Market for Eastern and Southern Africa (COMESA) staff members have (...)

12-14-2017 ■ The budget bill for 2018 provides for a budgetary independence rate of 81.2%. The Minister of Finance calls for continued economic austerity policy. “Prudent budgetary and austerity policy will be maintained for the 2018 fiscal year,” said Domitien Ndihokubwayo, Minister of Finance, in the National Assembly while presenting the (...)

12-11-2017 ■ For the 2018 fiscal year, domestic resources in the general state budget account for 69.6% against 30.4% of donations. Tax revenue constitutes 60.9%, non-tax revenue 5% and exceptional revenue 3.6%. OLUCOME denounces very high taxes. The recently submitted budget bill for 2018 is judged as unrealistic and unreliable by (...)