Economy
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Consumers denounce scarcity of BUCECO cement in Bujumbura

09-05-2019 Bujumbura faces the shortage of cement made by Burundi Cement Company. Consumers say they don’t know the reason behind the scarcity of this product. In the afternoon of September 4th, no shop in the neighborhood commonly called ‘Quartier Asiatique’ was selling ‘BUCECO cement 32.5R. Traders did not want to (...)
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Burundi Central Bank advises Burundian people against using virtual money

09-04-2019 “The central bank has been alerted to the exercise of investment and market in virtual currency that is not regulated by any public authority,” said Alphonse Nyobewumusi, Head of the service in charge of microfinance at Burundi Central Bank in a press briefing held on September 3. He explains (...)
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Tanzanian Product Exhibition: Tanzanians say they meet many challenges on border

08-31-2019 The economic capital of Burundi is hosting a three-day trade fair called ‘Tanzanian Products Exhibition’ organized by the Tanzanian Embassy in Burundi. It is attended by Burundian and Tanzanian economic operators. On the first day, only half of the planned stands were occupied. Many Tanzanian traders had not yet (...)
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Number of internet users in Burundi is low, says ARCT

08-28-2019 In a workshop held on August 27th, The Burundi Agency of Telecommunication Regulation-ARCT has said very few Burundians use internet. “The penetration rate of internet usage in Burundi is currently inferior to 10%,” says Hermalas Nahimana, ARCT Acting Director. For him, there are several challenges regarding the evolution of (...)
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Bujumbura: Increase in school materials prices raises complaints among sellers and buyers

08-27-2019 Before the beginning of 2019-2020 school year, people deplore the increasing prices of school materials in Burundi economic capital city. On August 26th, At Palais des Arts in Bujumbura city center, many people sit near their school materials stands. They are waiting for clients. However, there is a little (...)
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ActionAid concerned about good management of natural resources

08-16-2019 “The mining sector influences the living standard, the socio-economic and financial life of countries,” said André Ndereyimana, Policy Advocacy, Research and Communications Advisor at ActionAid Burundi. It was this Friday, August 16th, during a workshop of validation of the study on the ”mobilization of internal resources and the management (...)
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People having bank accounts are still few in Burundi, says RIM

08-09-2019 In a press briefing held on August 8th, the Network of Microfinance Institutions in Burundi-RIM has said a high number of people still don’t have accounts in microfinance institutions and banks in Burundi. “Over 70 % of Burundians do not have accounts in banks or microfinance institutions,” says Bernard (...)
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Scarcity of Amstel Beer and Amstel Bock in Bujumbura

07-25-2019 Consumers of Amstel Beer and Amstel Bock are worried about the shortage of their favorite drinks. They urge competent authorities to resolve the issue. “I have not found my favorite drink ‘Amstel Beer’ for over a month. It is no longer available in several bars in Bujumbura, “says Jimmy (...)
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Burundi needs more processing factories, says First Vice President

07-25-2019 During the official opening ceremonies of “Made in Burundi” trade fair which took place at Communauté Héllénique de Bujumbura on July 24th, Burundi First Vice President has called for more investment in local factories. “Everybody should do their best so that we can transform our harvest into long-lasting products (...)
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Over 50 restaurants temporarily closed at Bujumbura City Market

07-18-2019 More than 50 restaurants located along Bujumbura City Market commonly known as ‘Chez Sion’ were closed in the morning of July 17. Restaurant owners have implemented the decision of the Bujumbura Mayor to close restaurants and bar that neither have drinking water nor toilets. “We have not opened restaurants (...)