Bank
Economy

Burundi Mine and Quarry Authority committed to fighting mineral illicit trade
01-18-2017
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Jean Claude Nduwayo, Director General of Burundi Mine and Quarry Authority-OBM, says minerals do not belong to individuals but to the government. He says only companies or cooperatives are allowed to exploit them. “Jérémie Bampanze from Kayanza northern Province was arrested on Saturday 14 January 2017 accused of illegal (...)
Society

New presidential palace under construction: Future evacuees worry about compensation
01-12-2017
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As the government prepares to evacuate residents of areas around the plot where a new presidential palace is being built just outside Bujumbura city, in Gasenyi locality, the residents fear they will not get fair compensation. So far, they are not yet aware of the compensation options. No compensation (...)
Economy

Coffee sector privatization spells misery to over 4 million Burundians
01-05-2017
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The World Bank has forced Burundi government to privatize the coffee industry. With private managers advancing their own interests, millions of farmers continuously lose their once main source of income. Privatization of the coffee sector in Burundi continues to bring woes to farmers. The latter fear coffee production will (...)
Politics

Campaign against high cost of living claims inclusive inter-Burundian dialogue
01-04-2017
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Burundian campaign against the high cost of living has written to Benjamin Mkapa, the Burundian mediator on 28 December 2017, requesting an inclusive inter-Burundian dialogue as a solution to different problems caused by political instability and economic crisis in Burundi. The campaign, spearheaded by Gabriel Rufyiri, OLUCOME Chairman, says (...)
Society

Antime Baranshakaje, famous Burundi drummer calls for assistance
12-08-2016
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The life of the most popular drummer in Burundi, Antime Baranshakaje, is in danger. He broke his leg in a motorbike accident two months ago. He can’t walk anymore and needs help to undergo an operation whose cost is estimated at BIF 15 million. Antime Baranshakaje, 81, is very (...)
Society

New $5 million initiative to fight for civil rights
11-12-2016
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The local organization Cordaid launched on 10 November a new initiative to fight for the rights of Burundians. The project, supported by the Netherlands, will run over a period of 5 years and has a budget of €4,800,000. The “Strategic Partnership for lobbying and advocacy for the consideration of (...)
Economy

PTA Bank headquarters soon resuming its activities in Burundi
08-12-2016
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The Eastern and Southern Trade and Development Bank-PTA, the second largest Bank in Africa after the African Development Bank- AfDB, will restart its activities in Burundi after 23 years of absence. The signing ceremonies took place on 11 August between Alain Aimé Nyamitwe, the Minister of Foreign Affairs and (...)
Economy

Burundi Central Bank wants to ensure the stabilization of the national currency
07-21-2016
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In a meeting organized this 20th by the Burundi Central Bank (BRB) with operators, managers or owners of exchange offices, Jean Ciza, the BRB governor states that the non-compliance with money-exchange regulations is the main cause of depreciation of the domestic currency. He recognizes that the situation is bleak (...)
EAC integration

A railway to link countries of the sub-region soon
07-21-2016
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Chinese Exim bank granted a $ 7.6 billion loan to Tanzania for the construction of a railway this Wednesday, July 20 to facilitate and boost trade relations between Tanzania and its neighboring landlocked countries including Burundi. The Tanzanian presidency confirms the loan was obtained from China’s Exim Bank. “Tanzania (...)
WebTV

NTAHANGWA swallows Sanzu
04-12-2016
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Sanzu, the only street that leads to Mugoboka Quarter is gradually collapsing. That street is in southern Mutanga in Rohero Zone located in Mukaza Commune. It is on the bank of NTAHANGWA River which drenches it underground and cracks it. People living nearby have already reported the situation to (...)