- published: 11 Jun 2015
- views: 433
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Burundi is on the brink of economic collapse after weeks of violent protests.
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Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohammed Adow reports from the capital Bujumbura.
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- published: 19 Dec 2015
- views: 537
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts warning that the nation could face a serious meltdown.
Crisis triggered by demonstrations against the plan by the nation's President to run for a third term.
Channels Television's Business Correspondent, Boason Omofaye, gives more insight on the level of crisis in Burundi.
For more information log on to http://www.channelstv.com
- published: 24 Jun 2015
- views: 332
The ongoing political crisis in Burundi is affecting an already struggling economy. International aid groups are threatening to pull out, unemployment is on the rise and prices of basic goods are at an all-time high.
- published: 12 Jun 2015
- views: 125
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Burundi is trying to build a reputation as one of Africa's leading coffee producers. The landlocked country's economy is growing and it has seen a rise in direct foreign investment. But people are worried next year's general election could affect development. Al Jazeera's Haru Mutasa reports from Kayenza, Burundi. Subscribe to our channel http://bit.ly/AJSubscribe
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- published: 26 Mar 2014
- views: 1599
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza over his bid to be re-elected to a third term. But what does the economic landscape and invest potential in the East Africa county look like? CNBC Africa's Tshepo Modiba is joined by Brian Dlamini, from Afriwise Consult to answer this and more.
- published: 15 May 2015
- views: 182
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment in nickel mining, but political crises hamper any help.
Follow Elizabeth Hagedorn: http://www.twitter.com/elizhagedorn
See more at http://www.newsy.com
Transcript:
In Burundi, the world's second-poorest country based on per capita GDP, the economy was beyond bleak even before all this. (Video via Voice of America)
The country's latest round of violence, brought on by protests over President Pierre Nkurunziza's re-election bid, spell more trouble for Burundi's shaky economy. (Video via U.S. State Department)
Cyclical poverty has haunted the country since the eruption of a 12-year civil war in 1993, which left Burundi with hardly any money and little infrastructure. Burundi's best hope for the future lies in two places: across the sea and under the ground.
Burundi houses about six percent of the world's nickel reserves with one of the 10 largest undeveloped nickel deposits in the world. Even though nickel is down in world metal markets, this kind of resource could help get the country a little bit of revenue to help the economy and ease poverty— if Burundi had the resources to start mining. (Video via Victory Nickel)
In short, Burundi is so poor that it doesn't have enough money to start making money, which is why it needs help from foreign investors like the Kermas Group.
The Kermas Group, based in the U.K., is the majority owner of Burundi Mining Metallurgy, a South African company that purchased a Burundi mining site in 2014.
That mine will also be 15 percent owned by the Burundi government, meaning that some mining revenue will finally start flowing in the country's budget, even if most of the money is going back to Britain and South Africa. (Video via CCTV Africa)
The foreign owners of the site will also provide the cash to build energy resources. Even independently owned mines that employ Burundians can help inject some money into the economy.
Still, Burundi's ideal investment situation involves an international agency with money helping the government make money. (Video via NTV Uganda)
Burundi has been trying desperately to attract foreign investment for a few years now, offering tax exemptions and investment incentives to companies who buy land and employ Burundi workers.
But again, that process has been stalled by civil unrest. Investors are rarely looking to enter a market where the government is as tenuous as Burundi's— and May's unsuccessful coup attempt didn't do much to reassure the international community.
Belgium, Burundi's former colonial ruler and biggest international donor, has threatened to cut off aid to the country if Nkurunziza runs for a third term, which figures to make the country's economic prospects even worse.
Burundi is also prone to some of the intense ethnic divisions that have plagued nearby countries like Rwanda and Uganda, which stoke fears of terrorism and possible genocide. (Video via Al Jazeera)
So, while political unrest continues to throw Burundian politics into chaos, it also scares off foreign investment in the country— which may be Burundi's best hope for a recovery.
Sources:
Voice of America
http://www.voanews.com/content/burundi-political-crisis-african-union-summit/2816025.html
The U.S. State Department
https://www.youtube.com/watch?v=7WGo6jmbDkM&feature;=youtu.be&t;=190
Victory Nickel
https://www.youtube.com/watch?v=BKh5efIJcZ0
Kermas Investment Group
http://www.kermas.com/en/mining/
CCTV Africa
https://www.youtube.com/watch?v=uQOma40IS5Y
Christine Vaufrey
https://www.flickr.com/photos/christing/5669419104/in/photolist-9CZfMf-8nb6iD-mmn43-8gJzeE-8gFi3M-GZwop-9CWk86-7b9D6o-8gJzSh-8gJzEA-8gFhKx-9E3z6f-GZuWy-6pmuVB-GZaHg-9CZfQN-6pqDpf-7dDPQS-GZyzp-GZwqX-8QyRL-8iuYB-GZsGi-8gJzq1-GZDyy-9DZGqM-6pqDsd-9E3zfJ-9UDCPJ-9WEj3z-GZBbQ-9WH9wS-9SQqSS-GZvmQ-GZA6B-GZoss-GZr3v-9jwxWX-GZytR-8QyRJ-4M9xaP-GZbzv-GZFtP-GZtAL-GZsjJ-8mRHm3-GZbGg-GZxNJ-GZbLy-GZegX
NTV Uganda
https://www.youtube.com/watch?v=Nc7ZRl0NBV8
Burundi Investment Promotion Authority
http://www.investburundi.com/en/5-reasons-to-invest-in-burundi
Burundi Ministry of Energy and Mining
http://www.bi.undp.org/content/dam/burundi/docs/publications/Investment%20opportunities%20in%20renewable%20energy%20Burundi.pdf
Getty Images
http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-and-u-s-secretary-of-news-photo/453171148
Al Jazeera
https://www.youtube.com/watch?v=8dbLFqK-ReA
Image via: Getty Images / Alex Wong
http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-makes-remarks-to-news-photo/453171124
- published: 12 Jun 2015
- views: 1604
Burundi is a landlocked, resource-poor country with an underdeveloped manufacturing sector. The mainstay of the Burundian economy is agriculture, accounting for 54% of GDP in 1997. Agriculture supports more than 70% of the labour force, the majority of whom are subsistence farmers. Although Burundi is potentially self-sufficient in food production, the ongoing civil war, overpopulation, and soil erosion have contributed to the contraction of the subsistence economy by 25% in recent years. Large numbers of internally displaced persons have been unable to produce their own food and are largely dependent on international humanitarian assistance. Burundi is a net food importer, with food accounting for 17% of imports in 1997.
The main cash crop of Burundi is coffee, which accounted for 78.5% of exports in 1997. This dependence on coffee has increased Burundi's vulnerability to seasonal yields and international coffee prices. It generates about 90% of export revenues, making the country particularly vulnerable to terms of trade shocks: the current account deficit in 2007 ran at 15% of GDP. Coffee is the largest state-owned enterprise. In recent years, the government has tried to attract private investment to this sector, with some success. Efforts to privatize other publicly held enterprises have stalled. Other principal exports include tea and raw cotton.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Economy_of_Burundi
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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Burundi (pronounced /bəˈɹʊndɨ/), officially the Republic of Burundi (Kirundi: Republika y'u Burundi, [buˈɾundi]; French: République du Burundi, [byˈʁyndi]), is a landlocked country in the Great Lakes region of Eastern Africa bordered by Rwanda to the north, Tanzania to the east and south, and the Democratic Republic of the Congo to the west. Its capital is Bujumbura. Although the country is landlocked, much of the southwestern border is adjacent to Lake Tanganyika.
The Twa, Tutsi, and Hutu peoples have occupied Burundi since the country's formation five centuries ago. Burundi was ruled as a kingdom by the Tutsi for over two hundred years. However, at the beginning of the twentieth century, Germany and Belgium occupied the region, and Burundi and Rwanda became a European colony known as Ruanda-Urundi.
Political unrest occurred throughout the region, in part, because of social differences between the Tutsi and Hutu, provoking civil war in Burundi throughout the middle twentieth century. Presently, Burundi is governed as a presidential representative democratic republic.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Burundi
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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1:43Burundi's economy on brink amid political turmoil
Burundi's economy on brink amid political turmoilBurundi's economy on brink amid political turmoil
Keep up-to-date with the latest news, subscribe here: http://bit.ly/AFP-subscribe Burundi is on the brink of economic collapse after weeks of violent protests. Follow AFP English on Facebook: https://www.facebook.com/AFPnewsenglish Latest news on AFP English Twitter: https://twitter.com/AFP Share your top stories on Google+ http://bit.ly/AFP-Gplus -
2:10Political unrest paralyses Burundi's economy
Political unrest paralyses Burundi's economyPolitical unrest paralyses Burundi's economy
Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohammed Adow reports from the capital Bujumbura. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check out our website: http://www.aljazeera.com/ -
12:25Network Africa: Burundi Economy Suffers From Crisis Pt.1
Network Africa: Burundi Economy Suffers From Crisis Pt.1Network Africa: Burundi Economy Suffers From Crisis Pt.1
For more information log on to http://www.channelstv.com -
6:54ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The EconomyChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts warning that the nation could face a serious meltdown. Crisis triggered by demonstrations against the plan by the nation's President to run for a third term. Channels Television's Business Correspondent, Boason Omofaye, gives more insight on the level of crisis in Burundi. For more information log on to http://www.channelstv.com -
2:03Burundi's 12 month crisis causes economic contraction
Burundi's 12 month crisis causes economic contractionBurundi's 12 month crisis causes economic contraction
Burundi's economy is on a downward spiral as violence continues 12 months after President Pierre Nkuruziza announced that he would be seeking a third term in office. More than 400 people have been killed and another quarter of a million displaced. -
1:32Economy dips as unrest grows in Burundi
Economy dips as unrest grows in BurundiEconomy dips as unrest grows in Burundi
The ongoing political crisis in Burundi is affecting an already struggling economy. International aid groups are threatening to pull out, unemployment is on the rise and prices of basic goods are at an all-time high. -
2:04Burundi hopes to become Africa's leading coffee producer
Burundi hopes to become Africa's leading coffee producerBurundi hopes to become Africa's leading coffee producer
Subscribe to our channel http://bit.ly/AJSubscribe Subscribe to our channel http://bit.ly/AJSubscribe Burundi is trying to build a reputation as one of Africa's leading coffee producers. The landlocked country's economy is growing and it has seen a rise in direct foreign investment. But people are worried next year's general election could affect development. Al Jazeera's Haru Mutasa reports from Kayenza, Burundi. Subscribe to our channel http://bit.ly/AJSubscribe At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts -
2:58Burundi Crisis: Drop in International Assistance And Funding Worsens Economy
Burundi Crisis: Drop in International Assistance And Funding Worsens Economy -
13:33Insight on Burundi's economic landscape
Insight on Burundi's economic landscapeInsight on Burundi's economic landscape
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza over his bid to be re-elected to a third term. But what does the economic landscape and invest potential in the East Africa county look like? CNBC Africa's Tshepo Modiba is joined by Brian Dlamini, from Afriwise Consult to answer this and more. -
2:33Burundi Doesn't Have Enough Money To Make Money
Burundi Doesn't Have Enough Money To Make MoneyBurundi Doesn't Have Enough Money To Make Money
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment in nickel mining, but political crises hamper any help. Follow Elizabeth Hagedorn: http://www.twitter.com/elizhagedorn See more at http://www.newsy.com Transcript: In Burundi, the world's second-poorest country based on per capita GDP, the economy was beyond bleak even before all this. (Video via Voice of America) The country's latest round of violence, brought on by protests over President Pierre Nkurunziza's re-election bid, spell more trouble for Burundi's shaky economy. (Video via U.S. State Department) Cyclical poverty has haunted the country since the eruption of a 12-year civil war in 1993, which left Burundi with hardly any money and little infrastructure. Burundi's best hope for the future lies in two places: across the sea and under the ground. Burundi houses about six percent of the world's nickel reserves with one of the 10 largest undeveloped nickel deposits in the world. Even though nickel is down in world metal markets, this kind of resource could help get the country a little bit of revenue to help the economy and ease poverty— if Burundi had the resources to start mining. (Video via Victory Nickel) In short, Burundi is so poor that it doesn't have enough money to start making money, which is why it needs help from foreign investors like the Kermas Group. The Kermas Group, based in the U.K., is the majority owner of Burundi Mining Metallurgy, a South African company that purchased a Burundi mining site in 2014. That mine will also be 15 percent owned by the Burundi government, meaning that some mining revenue will finally start flowing in the country's budget, even if most of the money is going back to Britain and South Africa. (Video via CCTV Africa) The foreign owners of the site will also provide the cash to build energy resources. Even independently owned mines that employ Burundians can help inject some money into the economy. Still, Burundi's ideal investment situation involves an international agency with money helping the government make money. (Video via NTV Uganda) Burundi has been trying desperately to attract foreign investment for a few years now, offering tax exemptions and investment incentives to companies who buy land and employ Burundi workers. But again, that process has been stalled by civil unrest. Investors are rarely looking to enter a market where the government is as tenuous as Burundi's— and May's unsuccessful coup attempt didn't do much to reassure the international community. Belgium, Burundi's former colonial ruler and biggest international donor, has threatened to cut off aid to the country if Nkurunziza runs for a third term, which figures to make the country's economic prospects even worse. Burundi is also prone to some of the intense ethnic divisions that have plagued nearby countries like Rwanda and Uganda, which stoke fears of terrorism and possible genocide. (Video via Al Jazeera) So, while political unrest continues to throw Burundian politics into chaos, it also scares off foreign investment in the country— which may be Burundi's best hope for a recovery. Sources: Voice of America http://www.voanews.com/content/burundi-political-crisis-african-union-summit/2816025.html The U.S. State Department https://www.youtube.com/watch?v=7WGo6jmbDkM&feature;=youtu.be&t;=190 Victory Nickel https://www.youtube.com/watch?v=BKh5efIJcZ0 Kermas Investment Group http://www.kermas.com/en/mining/ CCTV Africa https://www.youtube.com/watch?v=uQOma40IS5Y Christine Vaufrey https://www.flickr.com/photos/christing/5669419104/in/photolist-9CZfMf-8nb6iD-mmn43-8gJzeE-8gFi3M-GZwop-9CWk86-7b9D6o-8gJzSh-8gJzEA-8gFhKx-9E3z6f-GZuWy-6pmuVB-GZaHg-9CZfQN-6pqDpf-7dDPQS-GZyzp-GZwqX-8QyRL-8iuYB-GZsGi-8gJzq1-GZDyy-9DZGqM-6pqDsd-9E3zfJ-9UDCPJ-9WEj3z-GZBbQ-9WH9wS-9SQqSS-GZvmQ-GZA6B-GZoss-GZr3v-9jwxWX-GZytR-8QyRJ-4M9xaP-GZbzv-GZFtP-GZtAL-GZsjJ-8mRHm3-GZbGg-GZxNJ-GZbLy-GZegX NTV Uganda https://www.youtube.com/watch?v=Nc7ZRl0NBV8 Burundi Investment Promotion Authority http://www.investburundi.com/en/5-reasons-to-invest-in-burundi Burundi Ministry of Energy and Mining http://www.bi.undp.org/content/dam/burundi/docs/publications/Investment%20opportunities%20in%20renewable%20energy%20Burundi.pdf Getty Images http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-and-u-s-secretary-of-news-photo/453171148 Al Jazeera https://www.youtube.com/watch?v=8dbLFqK-ReA Image via: Getty Images / Alex Wong http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-makes-remarks-to-news-photo/453171124
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Burundi's economy on brink amid political turmoil
Keep up-to-date with the latest news, subscribe here: http://bit.ly/AFP-subscribe Burundi is on the brink of economic collapse after weeks of violent protests. Follow AFP English on Facebook: https://www.facebook.com/AFPnewsenglish Latest news on AFP English Twitter: https://twitter.com/AFP Share your top stories on Google+ http://bit.ly/AFP-Gplus -
Political unrest paralyses Burundi's economy
Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohammed Adow reports from the capital Bujumbura. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check out our website: http://www.aljazeera.com/ -
Network Africa: Burundi Economy Suffers From Crisis Pt.1
For more information log on to http://www.channelstv.com -
ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts warning that the nation could face a serious meltdown. Crisis triggered by demonstrations against the plan by the nation's President to run for a third term. Channels Television's Business Correspondent, Boason Omofaye, gives more insight on the level of crisis in Burundi. For more information log on to http://www.channelstv.com -
Burundi's 12 month crisis causes economic contraction
Burundi's economy is on a downward spiral as violence continues 12 months after President Pierre Nkuruziza announced that he would be seeking a third term in office. More than 400 people have been killed and another quarter of a million displaced. -
Economy dips as unrest grows in Burundi
The ongoing political crisis in Burundi is affecting an already struggling economy. International aid groups are threatening to pull out, unemployment is on the rise and prices of basic goods are at an all-time high. -
Burundi hopes to become Africa's leading coffee producer
Subscribe to our channel http://bit.ly/AJSubscribe Subscribe to our channel http://bit.ly/AJSubscribe Burundi is trying to build a reputation as one of Africa's leading coffee producers. The landlocked country's economy is growing and it has seen a rise in direct foreign investment. But people are worried next year's general election could affect development. Al Jazeera's Haru Mutasa reports from Kayenza, Burundi. Subscribe to our channel http://bit.ly/AJSubscribe At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera ... -
-
Insight on Burundi's economic landscape
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza over his bid to be re-elected to a third term. But what does the economic landscape and invest potential in the East Africa county look like? CNBC Africa's Tshepo Modiba is joined by Brian Dlamini, from Afriwise Consult to answer this and more. -
Burundi Doesn't Have Enough Money To Make Money
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment in nickel mining, but political crises hamper any help. Follow Elizabeth Hagedorn: http://www.twitter.com/elizhagedorn See more at http://www.newsy.com Transcript: In Burundi, the world's second-poorest country based on per capita GDP, the economy was beyond bleak even before all this. (Video via Voice of America) The country's latest round of violence, brought on by protests over President Pierre Nkurunziza's re-election bid, spell more trouble for Burundi's shaky economy. (Video via U.S. State Department) Cyclical poverty has haunted the country since the eruption of a 12-year civil war in 1993, which left Burundi with hardly any money and little infrastructure. Burundi's best hope for the fut...
Burundi's economy on brink amid political turmoil
- Order: Reorder
- Duration: 1:43
- Updated: 11 Jun 2015
- views: 433
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Burundi is on the brink of economic collapse after weeks of violent protests....
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Burundi is on the brink of economic collapse after weeks of violent protests.
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wn.com/Burundi's Economy On Brink Amid Political Turmoil
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Burundi is on the brink of economic collapse after weeks of violent protests.
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- published: 11 Jun 2015
- views: 433
Political unrest paralyses Burundi's economy
- Order: Reorder
- Duration: 2:10
- Updated: 19 Dec 2015
- views: 537
Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohammed Adow reports from the capital Bujumbura.
- Subscribe to our channel...
Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohammed Adow reports from the capital Bujumbura.
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- Check out our website: http://www.aljazeera.com/
wn.com/Political Unrest Paralyses Burundi's Economy
Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohammed Adow reports from the capital Bujumbura.
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- Find us on Facebook: https://www.facebook.com/aljazeera
- Check out our website: http://www.aljazeera.com/
- published: 19 Dec 2015
- views: 537
Network Africa: Burundi Economy Suffers From Crisis Pt.1
- Order: Reorder
- Duration: 12:25
- Updated: 10 Feb 2016
- views: 44
For more information log on to http://www.channelstv.com
For more information log on to http://www.channelstv.com
wn.com/Network Africa Burundi Economy Suffers From Crisis Pt.1
ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
- Order: Reorder
- Duration: 6:54
- Updated: 24 Jun 2015
- views: 332
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts warning that the nation could face a serious meltdown.
Crisis triggere...
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts warning that the nation could face a serious meltdown.
Crisis triggered by demonstrations against the plan by the nation's President to run for a third term.
Channels Television's Business Correspondent, Boason Omofaye, gives more insight on the level of crisis in Burundi.
For more information log on to http://www.channelstv.com
wn.com/Channelstv Business Correspondent Analyses Burundi Crisis' Effect On The Economy
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts warning that the nation could face a serious meltdown.
Crisis triggered by demonstrations against the plan by the nation's President to run for a third term.
Channels Television's Business Correspondent, Boason Omofaye, gives more insight on the level of crisis in Burundi.
For more information log on to http://www.channelstv.com
- published: 24 Jun 2015
- views: 332
Burundi's 12 month crisis causes economic contraction
- Order: Reorder
- Duration: 2:03
- Updated: 28 Apr 2016
- views: 212
Burundi's economy is on a downward spiral as violence continues 12 months after President Pierre Nkuruziza announced that he would be seeking a third term in of...
Burundi's economy is on a downward spiral as violence continues 12 months after President Pierre Nkuruziza announced that he would be seeking a third term in office. More than 400 people have been killed and another quarter of a million displaced.
wn.com/Burundi's 12 Month Crisis Causes Economic Contraction
Economy dips as unrest grows in Burundi
- Order: Reorder
- Duration: 1:32
- Updated: 12 Jun 2015
- views: 125
The ongoing political crisis in Burundi is affecting an already struggling economy. International aid groups are threatening to pull out, unemployment is on the...
The ongoing political crisis in Burundi is affecting an already struggling economy. International aid groups are threatening to pull out, unemployment is on the rise and prices of basic goods are at an all-time high.
wn.com/Economy Dips As Unrest Grows In Burundi
The ongoing political crisis in Burundi is affecting an already struggling economy. International aid groups are threatening to pull out, unemployment is on the rise and prices of basic goods are at an all-time high.
- published: 12 Jun 2015
- views: 125
Burundi hopes to become Africa's leading coffee producer
- Order: Reorder
- Duration: 2:04
- Updated: 26 Mar 2014
- views: 1599
Subscribe to our channel http://bit.ly/AJSubscribe
Subscribe to our channel http://bit.ly/AJSubscribe
Burundi is trying to build a reputation as one of Afric...
Subscribe to our channel http://bit.ly/AJSubscribe
Subscribe to our channel http://bit.ly/AJSubscribe
Burundi is trying to build a reputation as one of Africa's leading coffee producers. The landlocked country's economy is growing and it has seen a rise in direct foreign investment. But people are worried next year's general election could affect development. Al Jazeera's Haru Mutasa reports from Kayenza, Burundi. Subscribe to our channel http://bit.ly/AJSubscribe
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
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wn.com/Burundi Hopes To Become Africa's Leading Coffee Producer
Subscribe to our channel http://bit.ly/AJSubscribe
Subscribe to our channel http://bit.ly/AJSubscribe
Burundi is trying to build a reputation as one of Africa's leading coffee producers. The landlocked country's economy is growing and it has seen a rise in direct foreign investment. But people are worried next year's general election could affect development. Al Jazeera's Haru Mutasa reports from Kayenza, Burundi. Subscribe to our channel http://bit.ly/AJSubscribe
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: https://www.facebook.com/aljazeera
Instagram: https://instagram.com/aljazeera/?ref=...
Twitter: https://twitter.com/ajenglish
Website: http://www.aljazeera.com/
google+: https://plus.google.com/+aljazeera/posts
- published: 26 Mar 2014
- views: 1599
Burundi Crisis: Drop in International Assistance And Funding Worsens Economy
- Order: Reorder
- Duration: 2:58
- Updated: 31 Jul 2015
- views: 57
Nigeria’s ambassador to Burundi says a drastic reduction in assistance from international donors and western countries means millions of Burundians are in for d...
Nigeria’s ambassador to Burundi says a drastic reduction in assistance from international donors and western countries means millions of Burundians are in for difficult times.
wn.com/Burundi Crisis Drop In International Assistance And Funding Worsens Economy
Insight on Burundi's economic landscape
- Order: Reorder
- Duration: 13:33
- Updated: 15 May 2015
- views: 182
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza over his bid to be re-elected to a third term. But what does the econ...
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza over his bid to be re-elected to a third term. But what does the economic landscape and invest potential in the East Africa county look like? CNBC Africa's Tshepo Modiba is joined by Brian Dlamini, from Afriwise Consult to answer this and more.
wn.com/Insight On Burundi's Economic Landscape
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza over his bid to be re-elected to a third term. But what does the economic landscape and invest potential in the East Africa county look like? CNBC Africa's Tshepo Modiba is joined by Brian Dlamini, from Afriwise Consult to answer this and more.
- published: 15 May 2015
- views: 182
Burundi Doesn't Have Enough Money To Make Money
- Order: Reorder
- Duration: 2:33
- Updated: 12 Jun 2015
- views: 1604
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment in nickel mining, but political crises hamper any help.
Follow Elizab...
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment in nickel mining, but political crises hamper any help.
Follow Elizabeth Hagedorn: http://www.twitter.com/elizhagedorn
See more at http://www.newsy.com
Transcript:
In Burundi, the world's second-poorest country based on per capita GDP, the economy was beyond bleak even before all this. (Video via Voice of America)
The country's latest round of violence, brought on by protests over President Pierre Nkurunziza's re-election bid, spell more trouble for Burundi's shaky economy. (Video via U.S. State Department)
Cyclical poverty has haunted the country since the eruption of a 12-year civil war in 1993, which left Burundi with hardly any money and little infrastructure. Burundi's best hope for the future lies in two places: across the sea and under the ground.
Burundi houses about six percent of the world's nickel reserves with one of the 10 largest undeveloped nickel deposits in the world. Even though nickel is down in world metal markets, this kind of resource could help get the country a little bit of revenue to help the economy and ease poverty— if Burundi had the resources to start mining. (Video via Victory Nickel)
In short, Burundi is so poor that it doesn't have enough money to start making money, which is why it needs help from foreign investors like the Kermas Group.
The Kermas Group, based in the U.K., is the majority owner of Burundi Mining Metallurgy, a South African company that purchased a Burundi mining site in 2014.
That mine will also be 15 percent owned by the Burundi government, meaning that some mining revenue will finally start flowing in the country's budget, even if most of the money is going back to Britain and South Africa. (Video via CCTV Africa)
The foreign owners of the site will also provide the cash to build energy resources. Even independently owned mines that employ Burundians can help inject some money into the economy.
Still, Burundi's ideal investment situation involves an international agency with money helping the government make money. (Video via NTV Uganda)
Burundi has been trying desperately to attract foreign investment for a few years now, offering tax exemptions and investment incentives to companies who buy land and employ Burundi workers.
But again, that process has been stalled by civil unrest. Investors are rarely looking to enter a market where the government is as tenuous as Burundi's— and May's unsuccessful coup attempt didn't do much to reassure the international community.
Belgium, Burundi's former colonial ruler and biggest international donor, has threatened to cut off aid to the country if Nkurunziza runs for a third term, which figures to make the country's economic prospects even worse.
Burundi is also prone to some of the intense ethnic divisions that have plagued nearby countries like Rwanda and Uganda, which stoke fears of terrorism and possible genocide. (Video via Al Jazeera)
So, while political unrest continues to throw Burundian politics into chaos, it also scares off foreign investment in the country— which may be Burundi's best hope for a recovery.
Sources:
Voice of America
http://www.voanews.com/content/burundi-political-crisis-african-union-summit/2816025.html
The U.S. State Department
https://www.youtube.com/watch?v=7WGo6jmbDkM&feature;=youtu.be&t;=190
Victory Nickel
https://www.youtube.com/watch?v=BKh5efIJcZ0
Kermas Investment Group
http://www.kermas.com/en/mining/
CCTV Africa
https://www.youtube.com/watch?v=uQOma40IS5Y
Christine Vaufrey
https://www.flickr.com/photos/christing/5669419104/in/photolist-9CZfMf-8nb6iD-mmn43-8gJzeE-8gFi3M-GZwop-9CWk86-7b9D6o-8gJzSh-8gJzEA-8gFhKx-9E3z6f-GZuWy-6pmuVB-GZaHg-9CZfQN-6pqDpf-7dDPQS-GZyzp-GZwqX-8QyRL-8iuYB-GZsGi-8gJzq1-GZDyy-9DZGqM-6pqDsd-9E3zfJ-9UDCPJ-9WEj3z-GZBbQ-9WH9wS-9SQqSS-GZvmQ-GZA6B-GZoss-GZr3v-9jwxWX-GZytR-8QyRJ-4M9xaP-GZbzv-GZFtP-GZtAL-GZsjJ-8mRHm3-GZbGg-GZxNJ-GZbLy-GZegX
NTV Uganda
https://www.youtube.com/watch?v=Nc7ZRl0NBV8
Burundi Investment Promotion Authority
http://www.investburundi.com/en/5-reasons-to-invest-in-burundi
Burundi Ministry of Energy and Mining
http://www.bi.undp.org/content/dam/burundi/docs/publications/Investment%20opportunities%20in%20renewable%20energy%20Burundi.pdf
Getty Images
http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-and-u-s-secretary-of-news-photo/453171148
Al Jazeera
https://www.youtube.com/watch?v=8dbLFqK-ReA
Image via: Getty Images / Alex Wong
http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-makes-remarks-to-news-photo/453171124
wn.com/Burundi Doesn't Have Enough Money To Make Money
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment in nickel mining, but political crises hamper any help.
Follow Elizabeth Hagedorn: http://www.twitter.com/elizhagedorn
See more at http://www.newsy.com
Transcript:
In Burundi, the world's second-poorest country based on per capita GDP, the economy was beyond bleak even before all this. (Video via Voice of America)
The country's latest round of violence, brought on by protests over President Pierre Nkurunziza's re-election bid, spell more trouble for Burundi's shaky economy. (Video via U.S. State Department)
Cyclical poverty has haunted the country since the eruption of a 12-year civil war in 1993, which left Burundi with hardly any money and little infrastructure. Burundi's best hope for the future lies in two places: across the sea and under the ground.
Burundi houses about six percent of the world's nickel reserves with one of the 10 largest undeveloped nickel deposits in the world. Even though nickel is down in world metal markets, this kind of resource could help get the country a little bit of revenue to help the economy and ease poverty— if Burundi had the resources to start mining. (Video via Victory Nickel)
In short, Burundi is so poor that it doesn't have enough money to start making money, which is why it needs help from foreign investors like the Kermas Group.
The Kermas Group, based in the U.K., is the majority owner of Burundi Mining Metallurgy, a South African company that purchased a Burundi mining site in 2014.
That mine will also be 15 percent owned by the Burundi government, meaning that some mining revenue will finally start flowing in the country's budget, even if most of the money is going back to Britain and South Africa. (Video via CCTV Africa)
The foreign owners of the site will also provide the cash to build energy resources. Even independently owned mines that employ Burundians can help inject some money into the economy.
Still, Burundi's ideal investment situation involves an international agency with money helping the government make money. (Video via NTV Uganda)
Burundi has been trying desperately to attract foreign investment for a few years now, offering tax exemptions and investment incentives to companies who buy land and employ Burundi workers.
But again, that process has been stalled by civil unrest. Investors are rarely looking to enter a market where the government is as tenuous as Burundi's— and May's unsuccessful coup attempt didn't do much to reassure the international community.
Belgium, Burundi's former colonial ruler and biggest international donor, has threatened to cut off aid to the country if Nkurunziza runs for a third term, which figures to make the country's economic prospects even worse.
Burundi is also prone to some of the intense ethnic divisions that have plagued nearby countries like Rwanda and Uganda, which stoke fears of terrorism and possible genocide. (Video via Al Jazeera)
So, while political unrest continues to throw Burundian politics into chaos, it also scares off foreign investment in the country— which may be Burundi's best hope for a recovery.
Sources:
Voice of America
http://www.voanews.com/content/burundi-political-crisis-african-union-summit/2816025.html
The U.S. State Department
https://www.youtube.com/watch?v=7WGo6jmbDkM&feature;=youtu.be&t;=190
Victory Nickel
https://www.youtube.com/watch?v=BKh5efIJcZ0
Kermas Investment Group
http://www.kermas.com/en/mining/
CCTV Africa
https://www.youtube.com/watch?v=uQOma40IS5Y
Christine Vaufrey
https://www.flickr.com/photos/christing/5669419104/in/photolist-9CZfMf-8nb6iD-mmn43-8gJzeE-8gFi3M-GZwop-9CWk86-7b9D6o-8gJzSh-8gJzEA-8gFhKx-9E3z6f-GZuWy-6pmuVB-GZaHg-9CZfQN-6pqDpf-7dDPQS-GZyzp-GZwqX-8QyRL-8iuYB-GZsGi-8gJzq1-GZDyy-9DZGqM-6pqDsd-9E3zfJ-9UDCPJ-9WEj3z-GZBbQ-9WH9wS-9SQqSS-GZvmQ-GZA6B-GZoss-GZr3v-9jwxWX-GZytR-8QyRJ-4M9xaP-GZbzv-GZFtP-GZtAL-GZsjJ-8mRHm3-GZbGg-GZxNJ-GZbLy-GZegX
NTV Uganda
https://www.youtube.com/watch?v=Nc7ZRl0NBV8
Burundi Investment Promotion Authority
http://www.investburundi.com/en/5-reasons-to-invest-in-burundi
Burundi Ministry of Energy and Mining
http://www.bi.undp.org/content/dam/burundi/docs/publications/Investment%20opportunities%20in%20renewable%20energy%20Burundi.pdf
Getty Images
http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-and-u-s-secretary-of-news-photo/453171148
Al Jazeera
https://www.youtube.com/watch?v=8dbLFqK-ReA
Image via: Getty Images / Alex Wong
http://www.gettyimages.com/detail/news-photo/president-of-burundi-pierre-nkurunziza-makes-remarks-to-news-photo/453171124
- published: 12 Jun 2015
- views: 1604
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1:43
Burundi's economy on brink amid political turmoil
Keep up-to-date with the latest news, subscribe here: http://bit.ly/AFP-subscribe
Burundi...
published: 11 Jun 2015
Burundi's economy on brink amid political turmoil
Burundi's economy on brink amid political turmoil
- Report rights infringement
- published: 11 Jun 2015
- views: 433
2:10
Political unrest paralyses Burundi's economy
Months of violence in Burundi have disrupted daily life and paralysed the economy. Mohamme...
published: 19 Dec 2015
Political unrest paralyses Burundi's economy
Political unrest paralyses Burundi's economy
- Report rights infringement
- published: 19 Dec 2015
- views: 537
12:25
Network Africa: Burundi Economy Suffers From Crisis Pt.1
For more information log on to http://www.channelstv.com
published: 10 Feb 2016
Network Africa: Burundi Economy Suffers From Crisis Pt.1
Network Africa: Burundi Economy Suffers From Crisis Pt.1
- Report rights infringement
- published: 10 Feb 2016
- views: 44
6:54
ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
Burundi's economy is already feeling the heat of the crisis in the nation, with analysts w...
published: 24 Jun 2015
ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
ChannelsTV Business Correspondent Analyses Burundi Crisis' Effect On The Economy
- Report rights infringement
- published: 24 Jun 2015
- views: 332
2:03
Burundi's 12 month crisis causes economic contraction
Burundi's economy is on a downward spiral as violence continues 12 months after President ...
published: 28 Apr 2016
Burundi's 12 month crisis causes economic contraction
Burundi's 12 month crisis causes economic contraction
- Report rights infringement
- published: 28 Apr 2016
- views: 212
1:32
Economy dips as unrest grows in Burundi
The ongoing political crisis in Burundi is affecting an already struggling economy. Intern...
published: 12 Jun 2015
Economy dips as unrest grows in Burundi
Economy dips as unrest grows in Burundi
- Report rights infringement
- published: 12 Jun 2015
- views: 125
2:04
Burundi hopes to become Africa's leading coffee producer
Subscribe to our channel http://bit.ly/AJSubscribe
Subscribe to our channel http://bit.ly...
published: 26 Mar 2014
Burundi hopes to become Africa's leading coffee producer
Burundi hopes to become Africa's leading coffee producer
- Report rights infringement
- published: 26 Mar 2014
- views: 1599
2:58
Burundi Crisis: Drop in International Assistance And Funding Worsens Economy
Nigeria’s ambassador to Burundi says a drastic reduction in assistance from international ...
published: 31 Jul 2015
Burundi Crisis: Drop in International Assistance And Funding Worsens Economy
Burundi Crisis: Drop in International Assistance And Funding Worsens Economy
- Report rights infringement
- published: 31 Jul 2015
- views: 57
13:33
Insight on Burundi's economic landscape
Burundi maybe politically unstable with a coup attempt against President Pierre Nkurunziza...
published: 15 May 2015
Insight on Burundi's economic landscape
Insight on Burundi's economic landscape
- Report rights infringement
- published: 15 May 2015
- views: 182
2:33
Burundi Doesn't Have Enough Money To Make Money
Burundi hardly has any money or infrastructure. Their best hope may be foreign investment ...
published: 12 Jun 2015
Burundi Doesn't Have Enough Money To Make Money
Burundi Doesn't Have Enough Money To Make Money
- Report rights infringement
- published: 12 Jun 2015
- views: 1604
Burundi's economy on brink amid political turmoil...
Political unrest paralyses Burundi's economy...
Network Africa: Burundi Economy Suffers From Crisi...
ChannelsTV Business Correspondent Analyses Burundi...
Burundi's 12 month crisis causes economic contract...
Economy dips as unrest grows in Burundi...
Burundi hopes to become Africa's leading coffee pr...
Burundi Crisis: Drop in International Assistance A...
Insight on Burundi's economic landscape...
