Newsletter

“Zakat” requests VAT returns for the month of March and the first quarter of 2024

Riyadh – Mubasher: The Zakat, Tax and Customs Authority called on establishments from the business sector subject to value-added tax whose annual supplies of goods and services exceed 40 million riyals to submit their tax returns for the month of last March. Meanwhile, according to a statement issued today, Sunday, the authority called on establishments […]

39.3 trillion dirhams, total bank transfers in the UAE over 3 years

Abu Dhabi – Mubasher: The total bank transfers in the UAE over the past three years amounted to 39.3 trillion dirhams ($11 trillion), according to data issued by the Central Bank. The data stated that remittance activities witnessed record annual increases, as they achieved an annual average growth of 33% over the period, as the […]

Burundi Eco – A response that meets the challenges?

Benjamin Kuriyo, Publication Director The effects of the El Niño climatic phenomenon characterized by abnormally high temperatures and severe bad weather are already perceptible. A fortiori, the government has just declared a climate emergency and is calling for international aid to mitigate the impact of climate change. Burundi is experiencing the effects of climate change. […]

Burundi Eco – BCB welcomes the results recorded during the 2023 financial year

The Managing Director of the Credit Bank of Bujumbura is delighted with the results recorded during the 2023 financial year despite the challenges it faces. A net result of more than 27 billion FBu was recorded. A balance sheet total of more than 1000 billion FBu was generated. A Net Banking Product estimated at 70 […]

Burundi Eco – When APEFE aims to make Burundi a “Pole of Excellence in Rehabilitation”

A physiotherapy service and a rehabilitation research laboratory were inaugurated on Friday March 29, 2024 at the INSP in Bujumbura. They complete the “Training Program in Physiotherapy and Rehabilitation” (FFKR) created in 2019. This triple function of care – training and research in rehabilitation, grouped in a single INSP building, is unique in Sub-Saharan Africa. […]

Burundi Eco – A business opportunity

Benjamin Kuriyo, Director of publications The problem of municipal waste management resurfaces. The authorities are hard at work to clean up the city of Bujumbura. The zero waste campaign is in full swing. Our special edition looks at the impact of the measures taken to make the economic capital cleaner than ever. The main roads […]

The Great $30 Million Cash Heist in Los Angeles: Hunt for Thieves Intensifies

A gang of thieves stole $30 million in cash from a teller center in Los Angeles. By breaking down various checkpoints and security systems to enter the building. and crack the secure code Sunday last week which falls on Easter Day Right now, the LA Police and the US Federal Bureau of Investigation Or the […]

Burundi Eco – A clean city at all costs

In the fifth week of the 100 days of cleanliness campaign launched by the President of the Republic of Burundi, the results are becoming more and more palpable in certain public spaces. Is this only valid for the duration of the campaign, or is it a new habit adopted? Whatever happens, everyone’s wish is for […]

Burundi Eco – The debt of African countries to China is exploding

Since 2000, the outstanding debt of African countries to the People’s Republic of China amounts to 170.1 billion USD. Large African economies are among the most indebted countries. Burundi owes China more than 158 million USD directed towards telecommunications and economic cooperation. Analysis. Among the funds loaned by China to Burundi, USD 31.5 million was […]