Business

Burundi Association of industries want gov’t set up a hybrid tax commission

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By Jean Luc Ndaruhutse

newsdesk@greatlakesvoice.com

Bujumbura-Created in 1999 to defend the interests of industry against unfair competition, the Industrial Association of Burundi (AIB) celebrated, very soberly, his 13th birthday, Tuesday, Aug. 28, in Bujumbura.

Leonidas Runyutu, vice president of AIB, said at the time of the creation of this association, local factories were affected by huge counterfeit products. “Imported goods were exempt from customs duties and taxes paid while industrial tariffs and taxes on those facilities including even those on raw materials and spare parts remained constant,” said Rutuyu

The industries in Burundi are requesting the government to set up a permanent joint commission, public-private-OBR, to study economic issues and harmonize the tax system with those of other Burundian EAC countries.

They also ask to review the Burundian education system for their products to be competitive in regional groupings. They complain, for example, that the winners of the Burundian institutions are less valued in the labor market. Even the recruitment of foreign technicians in various local firms or plants is becoming increasingly fashionable.

Lack of energy, the tax system, the common external tariff (CET), etc.., Are some of the challenges facing the industry. A support request is addressed to donors and partners for the construction of micro-hydro.

 

This post has already been read 4026 times!

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