{"id":15649,"date":"2020-04-03T17:24:49","date_gmt":"2020-04-03T17:24:49","guid":{"rendered":"https:\/\/www.iwacu-burundi.org\/englishnews\/?p=15649"},"modified":"2020-04-07T08:23:25","modified_gmt":"2020-04-07T08:23:25","slug":"government-to-punish-traders-speculating-on-food-price","status":"publish","type":"post","link":"https:\/\/www.iwacu-burundi.org\/englishnews\/government-to-punish-traders-speculating-on-food-price\/","title":{"rendered":"Government to punish traders speculating on food price"},"content":{"rendered":"<p>The government warns traders who take advantage of the outbreak of COVID-19 pandemic to exorbitantly increase price of some products.<\/p>\n<div id=\"attachment_15321\" style=\"width: 410px\" class=\"wp-caption alignleft\"><img aria-describedby=\"caption-attachment-15321\" decoding=\"async\" loading=\"lazy\" class=\"wp-image-15321\" src=\"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2020\/02\/Ntahorwamiye-Prosper.jpg\" alt=\"\" width=\"400\" height=\"230\" srcset=\"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2020\/02\/Ntahorwamiye-Prosper.jpg 800w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2020\/02\/Ntahorwamiye-Prosper-300x173.jpg 300w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2020\/02\/Ntahorwamiye-Prosper-768x442.jpg 768w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2020\/02\/Ntahorwamiye-Prosper-600x345.jpg 600w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><p id=\"caption-attachment-15321\" class=\"wp-caption-text\">Prosper Ntahogwamiye, Government Secretary General: \u201cThis speculation by traders pushes the population to buy a large quantity of food products to carry stocks whereas activities continue normally,\u201d<\/p><\/div>\n<p>Since the Minister of Health has announced the first two cases of COVID-19, residents of Bujumbura have been buying large quantities of food to keep at home. They think that the government will take the lockdown measure to prevent the spread of COVID-19.<\/p>\n<p>Some traders take advantage of this situation to increase the price of products especially basic foodstuffs such as rice, beans and cooking oil. This situation worries inhabitants of Bujumbura. 1 kg of beans called \u2018Kinure\u2019 which cost 1600 BIF before the declaration of the COVID-19 outbreak increased to BIF 2300. The price of yellow beans which was BIF 2, 200 BIF is currently BIF 2,700 BIF per kilo.<\/p>\n<p>The variety of beans called \u2018Kirundo\u2019 is now sold at BIF 2,000 per kilo, whereas they were bought for BIF 1,600 per kilo before the COVID-19 outbreak in Burundi. &#8220;In just one night, the price of 5 liters of cooking oil increased from BIF 22, 000 to 27, 000,&#8221; said a young woman met at Buyenzi City Market commonly called \u2018Kwa Sioni\u2019<\/p>\n<p>&#8220;This speculation by traders pushes the population to buy a large quantity of food products to carry stocks whereas activities continue normally,&#8221; said Prosper Ntahogwamiye, Secretary General of the Government in a statement released on 2 April. He calls on the Ministry of Commerce, Public Security and Justice to contribute to the fight against this speculation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government warns traders who take advantage of the outbreak of COVID-19 pandemic to exorbitantly increase price of some products. Since the Minister of Health has announced the first two cases of COVID-19, residents of Bujumbura have been buying large quantities of food to keep at home. They think that the government will take the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":15321,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8,670],"tags":[],"_links":{"self":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/15649"}],"collection":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/comments?post=15649"}],"version-history":[{"count":1,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/15649\/revisions"}],"predecessor-version":[{"id":15650,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/15649\/revisions\/15650"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/media\/15321"}],"wp:attachment":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/media?parent=15649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/categories?post=15649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/tags?post=15649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}