Economy
' Déo Guide Rurema: “3,058,150 goats and sheep were vaccinated all over the country

Over three million small ruminants vaccinated throughout Burundi

06-06-2018 Following a sheep and goat plague that had struck Burundi for the first time in December 2017, the ministry of Agriculture and Livestock launched a vaccination campaign on April 9th which ended on May 29th. Déo Guide Rurema, Minister of Agriculture and Livestock, says to be satisfied with the (...)
' Foreign currency has increased due to different reasons

Burundi: US Currency has increased

05-23-2018 On 22 May, the US currency is bought at BIF 2530 and sold at BIF 2550. The situation is similar in five exchange offices in the capital Bujumbura where Iwacu visited. Forex traders say setting the price of the US currency depends on supply and demand. Two weeks ago, (...)
' Charles Ntirampeba: “We don’t want to see anybody standing for more than ten minutes waiting for a bus in the future”.

Public transport reorganization in Bujumbura raises complaints

05-09-2018 Since the past two weeks, there has been a new organization of public transport in the city of Bujumbura. Some bus stops have been removed others created. Some passengers complain. Séraphine Nitunga, a woman in her forties met on ‘28 Novembre’ road, near Roi Khaled Hospital in the morning, (...)
' Domitien Ndihokubwayo: “ We can confirm that the results of the fourth quarter 2014 are satisfactory with a rate of realisation of 108. 3% which shows an increase of BIF 14.6 billion.” ©Iwacu

Burundi to become member of AFREXIM-Bank soon

04-13-2018 The National Assembly has analyzed and adopted a bill for Burundi to join the African Bank of Export-Import-AFREXIM-Bank. Domitien Ndihokubwayo, Finance Minister who presented the bill at the National Assembly says the bank will be of paramount importance for the country. “Economic operators will have facilities related to the (...)
' Vehicles in the queue at Kigobe City Oil” station

Burundi: Petrol shortage due to disruption in supply

04-06-2018 The capital Bujumbura has facing shortage of fuel since the past three days. Vehicle users fear intentions of a further rise in its price. At around 10 a. m. this 5 April, vehicles were lining up in long queues on some gas stations which are still providing petrol in (...)
' Léonard Sentore: “API does not have sufficient means to control all new companies”

API unable to control all companies operating in Burundi

04-06-2018 The Investment Promotion Agency (API) has said it is unable to regulate all the companies operating in Burundi due to limited budget. Léonard Sentore, Director of API, has said that this Thursday 05 April. While informing the public about the achievements of the agency during the first term of (...)
' Participants in the meeting of the 16th annual meeting of the African Association of Lawyers of Banking and Financial Institutions held in Bujumbura

Banking law professionals from 12 African countries meet in Burundi

04-04-2018 Burundi is hosting the 16th annual meeting of the African Association of Lawyers of Banking and Financial Institutions (AJBEF) since 3 April. For 3 days, banking law professionals representing 12 African countries will be discussing the challenges that the sector is faced with, said Clément Nduwimana, the chairman of (...)
' Déo Guide Rurema: “3,058,150 goats and sheep were vaccinated all over the country”

Measures taken for smooth running of 2018-2019 coffee season

03-30-2018 Effective measures have been taken so as to boost the performance of coffee companies during the 2018-2019 campaign. This was said by the Minister of Agriculture and Livestock, this Thursday, March 29, during a press conference on the preparation of coffee season. “Transit centers are prohibited in the areas (...)
' Domitien Ndihokubwayo, Minister of Finance: «We wish to take a step forward in doubling the disbursement rate next year.”

Low disbursement rate as major performance challenge of World Bank budget in Burundi

03-21-2018 “The disbursement rate is not satisfactory as there are projects that were started two years ago while the disbursement rate is at 20% and those projects are supposed to be completed in two or three years, “said Domitien Ndihokubwayo, Minister of Finance, during the meeting between the World Bank (...)
' Déo Guide Rurema: “Burundi like other countries in the East African region faces problems in the cotton sector”

Brazilian Agency for Cooperation to rescue Cotton Sector in Burundi

03-20-2018 The Brazilian Agency for cooperation has promised this March 19th 2018 to improve the cotton sector in Burundi as it is going through a critical period due to land scarcity, climate change and parasites attack in East African region. The Brazilian Agency for Cooperation includes the Burundi cotton sector (...)
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