Economy

No more free parking in Bujumbura the capital
11-03-2016
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From November 1st, all public parking spaces are charged for all cars in Bujumbura. This new measure imposed by the Bujumbura city mayor did not go down well with vehicle owners. Since the beginning of November, all the users of means of transport such as vehicles, motorcycles and bicycles (...)

Burundian population may double in 2050
10-20-2016
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Burundian Institute of Statistics and Economic Studies (ISTEEBU) in collaboration with UNFPA has organized a workshop this October 19 to publish the results of a survey jointly conducted on the demographic situation in Burundi. The workshop aimed to analyze the benefits that the country could get from a demographic (...)

Government suspends trade at Burundi-Rwanda border point
10-14-2016
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All trade at the Kanyaru-Bas border point in northern Ngozi Province has been suspended since the government closed the customs office at the crossing on 11 October. The government says it closed the customs office at Kanyaru-Bas due to low levels of traffic since July, when they imposed a (...)

Muha emergency bridge now functional
10-11-2016
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The makeshift bridge connecting Muha and Mukaza municipalities which was destroyed following the torrential rains that fell in Bujumbura on Saturday night is now operational. This bridge was built to temporarily replace the former one under construction for four months since it got destroyed and thus blocking the usual (...)

PARCEM deplores Burundi government delay in submitting budget bill
10-06-2016
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The local NGO aiming at awakening conscience and changing Burundians’ mentality (PARCEM) deplores Burundi government’s delay in sending the budget bill for 2017 to the parliament.”It is through the budget law that we really see the orientation of political development, economic strategies and decisions taken by the government in (...)

Bujumbura: “Investment Trade Fair for More Visibility”
10-04-2016
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Burundi Investment Agency (API) has organized a trade fair since 3 October to promote investment in Burundi through bilateral and multilateral cooperation. Clothes, food, telephone company, handcrafted products… these are different products exhibited at different stands in “Palais des Arts” in Bujumbura city center. “We are convinced our products (...)

API threatens to sanction companies misusing investment code advantages
10-01-2016
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“We call on all entrepreneurs to respect commitments made in their business plan submitted during the application for eligibility certificate to the advantages of investment code”, said Didace Ngendakumana, the director of Investment Promotion Agency (API). “Offenders will be punished according to the law and regulations of the nation”, (...)

Proposals to save the declining hotel and tourism industry in Burundi
09-29-2016
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Actors in Burundi tourism acknowledge that the sector has alarmingly declined following the crisis that has plagued the country since last year. “Tourism has extremely declined over the last months”, says Denis Nshimirimana, the president of the Chamber of Hotel and Tourism. He explains that many hotels have laid (...)
Ange Muyubira “Creating Burundi Entrepreneurs platform, my ambition”
09-27-2016
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One month after being honored to receive the Engel Africa Award from the Segal Family Foundation in September in Uganda and selected as the first Burundian to participate in a recent Africa Fashion Reception event in Addis Ababa, Ange Muyubira says she is committed to creating Burundi entrepreneurs’ platform (...)

PARCEM: Arab countries not ready to assist Burundi
09-14-2016
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On the occasion of the celebration of Eid El Hadj , Pascal Nyabenda, Speaker of the Burundian National Assembly who has joined Burundian Muslims in Gatumba, western part of Bujumbura the capital, asked them to plead for Arab countries’ assistance to Burundi. Faustin Ndikumana, the Chairman of PARCEM, a (...)