Business

Kenyans will pay more to use the new Expressway covering a stretch of 26 kilometers from Jomo Kenyatta Airport to Westlands with an extension on both sides, after the rates were adjusted up by 16 per cent in what is attributed to the dollar exchange. The modern road was put up at the cost of Sh88 billion...

With more than 60 years of operation in Burundi, BRARUDI remains the largest brewer and soft beverage company in the territory. PHOTO| BRARUDI The Burundi Bureau of Standards (BBN) expressed concerns over the quality of drinks brewed by the country’s major brewery BRARUDI a French acronym for (Brasseries et Limonaderies du Burundi). In a...

Burundi government early this week made a tactical change of the bank notes as speculation continue to flood social media.

Burundi Breweries (BRARUDI) and Burundi Cement Company (BUCECO) announced the inflation of their commodity prices that took effect this Monday. According to the two companies, it is said that the price increase is due to the inflation of the raw materials and energy. “The cement price of a 50 kg bag...

During the 21st COMESA Heads of State Summit held in Cairo, Egypt on 23rd, November 2021, Burundi president Evariste Ndayishimiye called on Common Market for East and Southern African (COMESA) member states prioritize sustainable economic recovery in the post covid-19 pandemic. Burundi’s President Evariste Ndayishimiye who attended the COMESA heads of state summit via...

Pakistan’s rupee is poised for its biggest monthly decline in more than two years as deteriorating finances and uncertainty over the International Monetary Fund’s bailout plan weigh on the currency. The rupee has declined about 7% in May, the steepest drop since March 2020, as the country negotiates a bailout package with the IMF...

Burundi’s president Evariste Ndayishimiye this Tuesday arrived in Senegal’s capital Dakar to participate in the second edition of the Dakar Summit on food in Africa.  “The President of the Republic will be accompanied by the First Lady Angeline Ndayishimiye,” a statement reads from the office of president’s spokesperson.  The president was...

The first of May every year is celebrated to pay tribute to workers, and Burundi Labor Day celebration will be done on Monday May 2nd according to the government’s communique. With the celebrations expected to be marked with marching and showcasing different products produced in the country by companies and individuals, this year’s celebration...

The East African Business Council has called on the East African Community (EAC) Partner States to fast track opening of air transport services to boost regional trade, tourism and hospitality sectors. In a statement released by the EABC, the Business Council said that it appreciates the measures by the EAC...

The Ministry of Finance, Budget and Economic Development has launched the second phase of its electronic invoicing project, aimed at strengthening tax revenue management through digitalization. Finance Minister Nestor Ntahontuye announced the initiative on March 18 at the headquarters of the Burundi Revenue Authority (OBR). As part of the expansion, the government has acquired...