• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

Burundi tax revenues rise 11%

Nov 27 2012 16:38 Reuters

Related Articles

Sars warns on penalties as deadline looms

Sars official to chair global tax forum

Gordhan expects R5bn drop in tax revenues

Tax stats worry Sars

Tax revenue remains stagnant

Mpisane: Sars was not fair

 
Bujumbura - Burundi's tax revenues rose 11% year-on-year to $294.6m in the 10 months to October, due partly to improving business activity in the tiny central African nation, its revenue body said on Tuesday.

A new centralised revenue authority, known as OBR, was established in 2010 with the main goal of maximising the tax base to allow the landlocked central African nation to cut its reliance on external budget support.

Half of Burundi's budget is still funded by donors.

"June, July and August has been a period of intense commercial activities, and this has had positive effect on revenues of the entire 10 month period," OBR said in its monthly report.

Monthly tax revenues climbed to 60.6 billion francs in October this year from 47.6 billion francs in October 2011.

The revenue agency projects tax revenues to 600 billion francs this year, up from 471 billion francs collected in 2011.
burundi  |  tax revenue
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

The rich will pay - Mpofu

The EFF in Gauteng will focus all its energy on improving the lives of the poor, the party's premier candidate Dali Mpofu says.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...