Bank

Politics

Disputes within UPRONA party

01-15-2019 Some members of the UPRONA party executive committee addressed a correspondence this January 6 to the president of the party asking him to stand down. They accuse him of mismanaging the party resources and violating of internal regulations. Abel Gashatsi, the president of UPRONA party is accused, among other (...)
Politics

Politicians oppose BIF 50 million required for presidential candidates in 2020

01-08-2019 The Ministry of Home Affairs met some leaders of political parties to analyze a draft bill on the electoral code for 2020 elections on 4 January. Among the innovations of the draft bill, a presidential candidate will put BIF 50 million instead of BIF 15 million required in the (...)
Economy

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 (...)
Economy

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 (...)
Society

Savings, puzzle for Burundians!

11-01-2018 When the world celebrates the Savings Day on 31 October this year, Burundians find it difficult to make ends meet and can hardly make savings. However, financial institutions called on them to save the little money they have. “It’s impossible to make savings when we hardly succeed to cover (...)
Health

CHUK administration prevents strike staged by SNTS and SYNAPA unions

10-18-2018 The nursing staff unions SNTS and SYNAPA at Kamenge University Medical Center (CHUK) were to begin a strike this October 17, 2018. The hospital administration prevents this strike by means of police and threats. At 9 a.m. this Wednesday, small groups of nurses could be seen inside the hospital. (...)
Economy

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 (...)
Politics

Burundi Security Council decides to suspend foreign NGOs for three months

09-29-2018 The National Security Council has decided to suspend all foreign NGOs operating in Burundi for three months since Monday 1 October. It accuses them of not abiding by the law. Silas Ntigurirwa, Secretary General of the National Security Council says the measure has been taken so that NGOs operating (...)
Society

Gitega/Paving project: Waiting for Godot …

09-26-2018 Announced in 2004, the paving project for streets in the Gitega urban center is slow to start. However, the population has already paid the requested contributions. Rango is one of Gitega neighborhoods, located on a steep hill of the city. It does not have drainage system. “During the rainy (...)
Education

Some private school owners call on Education Minister to suspend school fees harmonization

08-30-2018 The ministry of education has recently decided to harmonize the payment of school fees in private schools in Burundi. The decision sets fees to be paid according to the categories to which schools belong. Some school officials call on the minister to cancel the decision. Gilbert Bécaud Njangwa, Legal (...)