Economy
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Suppliers of fruit plants to be given half of owed money

01-10-2019 In a press conference held this Wednesday 9, the ombudsman says suppliers of fruit plants will be given half of their money. The government of Burundi owes BIF 5,061,280,790 for the supply of fruit plants since 2011. Edouard Nduwimana, the Burundi Ombudsman, says that his institution has found the (...)
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Fuel shortage persists in Bujumbura

01-09-2019 From the south to the north of the capital Bujumbura, few petrol stations were providing fuel and gasoil in the morning of 8 January. In the southern neighborhoods, Mogas station located in Kabondo quarter in Mukaza commune was providing fuel and gasoline after four days without working. Pump attendants (...)
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Entrepreneurship as cure for unemployed youths in Matana

12-27-2018 Ligala, prostitution, poverty, unemployment and drug consumption are some of the challenges faced by young high school and university graduates from Matana commune in Bururi province. The Catholic Church has succeeded to gather unemployed youth into an association. It is a huge relief for the unemployed youths of Matana (...)
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Diesel fuel shortage to be solved soon, Ministry of Energy reassures

12-05-2018 The shortage of diesel fuel has been reported since last weekend on gas stations of the provinces of the interior of the country as well as in Bujumbura. Léonidas Sindayigaya, spokesman for the Ministry of Hydraulics, Energy and Mines announced on December 4 that the slowdown in the supply (...)
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Geographical distance and ignorance as main causes of low financial inclusion in Burundi

11-29-2018 According to a survey conducted by Burundi National Bank in 2016, the rate of financial inclusion has moved from 12, 5% in 2012 to 21% in 2016. Jocelyne-Diane Bizimana, Secretary of the national committee in charge of financial inclusion says the number of people using financial institutions remains low (...)
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2015 political crisis affected tea sector, says Burundi Tea Office

11-23-2018 Jacques Bigirimana, Managing Director of Burundi Tea Office says tea customers have boycotted Burundi tea following the political crisis that has erupted in the country over the past few years. “Some of our customers are very selective about our tea due to political reasons arguing that it is not (...)
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Burundi Revenue Authority to collect BIF 800 billion during 2018

11-20-2018 Audace Niyonzima, Commissioner General of Burundi Revenue Authority-OBR says the revenues collected have significantly increased since the implementation of taxpayer’s day in 2016. “The taxes collected have moved from BIF 637 billion in 2016 to BIF 754 billion in 2017,” says OBR Commissioner General adding that there has been (...)
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Burundi National Bank to boost productive sectors

11-09-2018 Burundi Central Bank has organized, on November 8, a debate session with managing directors of commercial banks and microfinance institutions to assess the current macroeconomic situation. They have agreed upon improving the productive investments which have almost been neglected. Jean Ciza, Governor of Burundi National Bank says there are (...)
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64.6% of Burundians live in poverty, economic expert says

10-18-2018 While the world celebrates the Day for Eradication of Poverty on 17 October, studies reveal that economic and political crises, natural disasters, violence, loss of biodiversity…have caused poverty among Burundians. Gilbert Niyongabo, an economic expert says the poverty line in Burundi has moved from 67.1% in 2006 to 64.6% (...)
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Deadline for 2018-2019 Coffee Campaign payment fixed in 2 weeks

10-04-2018 Emmanuel Niyungeko, Director General of the regulatory authority of the coffee sector –ARFIC, says a meeting chaired by the Minister of Agriculture with institutions operating in coffee sector, private banks and the central bank was held to find a solution to the problem of delay in the payment of (...)
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