Economy
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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 (...)
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Mukaza High Court to reopen hearing over Interbank Burundi case

07-18-2019 In a verdict announced on July 15th, Mukaza High Court has decided to reopen the hearing about the case opposing the Government of Burundi and Interbank Burundi-IBB on “illegal” foreign currency transactions between the latter and Trust Merchant Bank-TMB. According to Mukaza High Court, Trust Merchant Bank (TMB), a (...)
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ABUCO against decision by Muyinga province governor

07-12-2019 The Burundian Association of Consumers-ABUCO says the decision by the Governor of Muyinga province to suspend the transportation of beans to other provinces violates the free movement of people and things. “The decision is opposed to the free movement of people and goods as one of the advantages offered (...)
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Government accuses Interbank Burundi of conducting illegal transactions

07-11-2019 At a court hearing in Mukaza high court on July 10th, the lawyer of the Burundi government has accused Interbank of conducting illegal and clandestine transactions of foreign currency from Burundi to DRC. The case was taken to court after two DRC citizens were caught with $ 1.5 million (...)
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Bujumbura residents worried about fuel shortage

07-10-2019 The residents of Bujumbura city have been facing a fuel shortage since the past three days. Several fuel stations are closed while others dispense fuel for only a few hours a day. Vehicles form endless queues to be supplied with fuel. Taxi men and bus drivers complain that this (...)
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Rugombo cattle farmers in distress

06-11-2019 At least 40 cows were stolen in the past two months. Breeders who already live in constant fear of being stolen deplore the inaction of the administration and security forces. They promise to take drastic actions against the thieves. “We always sleep with fear. Our cows are constantly stolen,” (...)