Tontines in the government’s sights: an unpopular measure
From the presidency to the Central Bank, community financial groups or tontines are no longer welcome in Burundi. However, some people claim that they contribute to the development of families. “We realized that certain people with bad intentions are hiding behind community financial groups to defraud the population. For example, there are individuals who were […]
Towards a liberalization of the foreign exchange market?
Faced with the persistent drying up of currencies, the Burundian authorities are intensifying measures aimed at liberalizing the foreign exchange market. The latest is that authorizing the reopening of foreign currency accounts in commercial banks by organizations receiving external support, after 7 years of ban. Will the situation be resolved? Burundi is experiencing a shortage […]
MPs raise their voices
The mismanagement of public debts is increasing tension among deputies regarding the misappropriation of public funds. During the analysis of the draft revision of the law governing the management of public debt, it was revealed that no strategy has been put in place for their management. The deputies analyzed and adopted on Tuesday, December 26, […]
“Pray and you will be forgiven!” »
The shortage of fuel, sugar and coal affects all social categories. Whether poor or rich, businessman or teacher, we are all forced to discreetly search for these products everywhere. Products that have become rare and at unimaginable prices. To deny the existence of a general and continuing shortage, the worst that Burundi has ever known, […]
The new mining code alone is not enough
A few years ago, Gitega undertook the reform of the mining code with the aim of increasing the income generated by this sector. Unfortunately, according to Professor Gilbert Midende, the mining code alone is not enough. Other measures are necessary to succeed in this bet. Analysis. At the beginning of August 2023, President Evariste Ndayishimiye […]
