Business

Burundi's Central Bank (BRB) urged citizens to use electronic transactions to reduce cash transactions. The cashless payment system is said to be secure, reliable and prevent money laundering "To prevent inflation, the Bank of the Republic of Burundi (BRB) is doing a close follow up of the amount of bank notes in circulation regarding...

Farmers in the central province of Muramvya in Burundi are desperate to access international markets for their products in efforts to expand

Burundi traders in the popular markets of Ruvumera and Jabe located in Bujumbura went on strike this Monday morning over the country’s Revenue Authority (OBR) introduced new tariffs for renting the shops in and stands in the markets. “These rates which were imposed on monthly basis doesn’t do any good for traders because the...

Burundi's iSOKO a digital platform which was officially launched in Bujumbura last Friday is set to facilitate the intra-regional trade in the East African Community mainly targeting women traders.  During the official launch of iSOKO Platform that was held at Hotel Club du Lac on Friday 28th of August, Trade Mark Africa (TMA) has...

On Tuesday July 25th in the evening, six bars were closed in the country’s northern province of Ngozi due to what the Internal Affairs ministry called illegal and over charging of drinks. “Police in collaboration with the administration and the joint security committee closed 06 cabarets (INNOVA1, La Reine, Kugasaka, Nack Mat Bar, Just...

The Common Market for Eastern and Southern Africa (COMESA) has called on Gitega to join other African Union member states and reap the benefits of the liberalised air transport market.  During the Single African Air Transport Market (SAATM) awareness workshop conducted in Burundi from 19 – 20 July 2023, Jean Claude Kanene Burundian Assistant...

The Executive Board of the International Monetary Fund (IMF) on Monday approved a 38-month arrangement under the

While address a session of the 14th African Union High Level Private Sector Forum at the Kenyatta International Convention Centre in Nairobi, Kenya’s Cabinet Secretary for East African Community and Arid and Semi-arid Lands Rebecca Miano indicated that collaboration of regional value chains in Africa will open up domestic markets, achieve economies of scale and improve competitiveness...

Burundi and Democratic Republic of Congo chambers of commerce met on Tuesday in Bukavu (DRC) in efforts to boost the trade between the two countries.

During The East African Communications Organization (EACO) meeting that was launched on Monday 26th June 2023 in Bujumbura (Burundi),