Category: DEVELOPMENT

OLUCOME: TAX EXEMPTION POLICY ON SOME FOOD PRODUCTS HAD NO POSITIVE IMPACT ON CONSUMERS.

Bujumbura – Less than 48 hours before the end of the deadline set for tax exemption on some food products, the Anti-corruption and Economic Malpractice Observatory (L’Observatoire de Lutte Contre la Corruption et les Malversations Économiques), OLUCOME for short, stated that this tax exemption policy had no impact on the economic life of the consumer. OLUCOME President Gabriel RUFYIRI explained that the ineffectiveness of the tax removal policy was obvious because this policy was implemented late and during the harvest period. According to Gabriel RUFYIRI, the decision would have had a positive impact if implemented for the whole year...

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FUEL SHORTAGE IN BURUNDI

Bujumbura: Several reports from Burundi confirm a severe shortage of fuel since last week. People have been sharing pictures and videos depicting this situation on social media to illustrate how this situation is worsening every day. Some shared pictures show bus riders waiting in very long lines at bus stops in the Capital City Bujumbura while other pictures illustrate vehicles in long lines at gas stations, and some of those gas stations have no fuel. Not only people are affected by this situation, private and public sectors are affected too. There are reports of nonattendance of some civil servants in their offices and at least a private telecommunication company has sent a letter to the Minister of Energy and Mines requesting a special license/authorization to supply its stocks from purchases in Burundi neighboring countries. According to Burundian authorities this fuel shortage is a temporary issue that will be tacked very...

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