BY Avit Ndayiziga As the fuel shortage crisis in Burundi persists, top officials are at odds over its root causes. Is the lack of foreign currency truly to blame, or is corruption and the devil at play? Could sabotage be a factor? The looming question remains: will SOPEBU be the solution to this pressing issue?…
By Herman Ramos On May 18, thousands of people in Maputo and various other cities in Mozambique staged a protest against the exorbitant prices of internet services, SMS messages, and phone calls. The demonstration intended to urge the National Institute of Communications (INCM) to rescind the recent tariff adjustments implemented at the start of May….
By Avit Ndayiziga Rising prices in fuel, food, and other necessities have deteriorated the living conditions of Burundians. These harsh living conditions have caused prolonged stressors that fuel hypertension prevalence. However, Dr. Ginette calls for a precocious screening to prevent its complications. In Burundi, especially in Bujumbura, the economic and most populated city of Burundi,…
By Herman Ramos In the heart of Africa, hopes for better living conditions collide with the harsh realities of systemic corruption that severely strangle development at its core, leaving the population in unprecedented poverty. Mozambique stands as a stark example. Recent revelations from the Centro de Integridade Pública (CIP) have shed light on a million-dollar…
By Avit Ndayiziga With each passing day, the relentless progress of technology continues to shape our present and future possibilities. Due to this, traditional jobs are shrinking as the world is gradually migrating to digital entrepreneurship. Meanwhile, the youth in Burundi are struggling to cope with the advancements, due to slow or no access to…
By Avit Ndayiziga Plagued by a score of 20 out of 100 on the 2023 Corruption Perception Index (CPI), Burundi ranks among the world’s top 20 corruption hotspots. This pervasive corruption, according to the anti-corruption watchdog organization (OLUCOME) and international organizations, has crippled economic growth and entrenched poverty, solidifying Burundi’s position as the poorest nation…
BY Avit Ndayiziga Amidst the deteriorating economic situation in Burundi, public debt surged to BIF 6,150.8 billion in 2023 from BIF 5,187.4 billion in 2022, compounding the challenges. Economists attribute this escalation to the rise in state expenditures. Burundi’s economy continues to decline as public debt steadily accumulates. As per the November 2023 Report of…
By Avit Ndayiziga For the first time, COP28 operationalized the loss and damage fund and called on Parties to shift away from fossil fuels by tripling renewable energy while doubling energy efficiency by 2030. On December 12, 2023, while COP28 was stretching into its final hours, Expo City Dubai started to empty itself out and…
By Avit Ndayiziga Unity, action, and delivery are prerequisites in the realm of finance to enable climate action. said Dr.Werner Hoyer, president of Emirates Islamic Bank during COP28 Finance Day. Today, December 4, 2023, marks Finance Day of COP28. It is the most important day of Conferences of the Parties as it unlock funds to…
By Avit Ndayiziga While developed nations commit billions to climate financing, poorer nations urge smooth climate funding processes. Despite operationalizing loss and damage fund, poorer nations, most vulnerable to the adverse effects of climate change, complain that accessing climate finances involves overwhelming procedures that hinder the timely implementation of their nationally determined contributions (NDCs). On…
