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Property for sale in Burundi

 

1/ Capital: Bujumbura

 

Is the capital city of Burundi. The city lies at the northeastern corner of Lake Tanganyika and, with an estimated population of 300,000 in 1994, is Burundi's largest city and its administrative, communications, and economic center.

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2/ Country: Burundi

 

Is a small country in the Great Lakes region of Eastern Africa bordered by Rwanda on the north, Tanzania on the south and east, and the Democratic Republic of the Congo on the west. Although the country is landlocked, much of the southwestern border is adjacent to Lake Tanganyika.

 

3/ Property in Burundi

 

From the early 1990s, hundreds of thousands of Burundians fled their homes to escape fighting between the government and Hutu rebel groups seeking to put an end to the political dominance of the Tutsi minority.

Transitioning from years of civil war to more peaceful and hopeful times, Burundi faces many challenges regarding the management of its natural resources, which support a very densely populated country. The years of war in Burundi have led to a large number of refugees and internally displaced peoples with no clear land tenure or property rights who, as a result, are rapidly degrading the existing soil, water and forest resources while attempting to meet their basic needs for food, fuel and shelter. Additionally, weak land tenure and property rights systems as well as a lack of ownership records threaten to undermine the progression towards a long term peace and cause renewed conflict in the country as returning refugees and displaced peoples continue to return to their homes of origin.

Burundi is one of the poorest, smallest, and most densely populated nations in Africa. Heavy industry is government-owned. Burundi relies on international aid for economic development and has incurred a large foreign debt. Burundi is significantly below the world average in six areas: business freedom, trade freedom, investment freedom, financial freedom, property rights, and freedom from corruption.

Most conflicts in Burundi are property related and the judicial system lacks either the resources or legislation to deal with massive returns. In Burundi private property is subject to government expropriation and armed banditry. The constitution guarantees the independence of the judiciary, but judges are appointed by the executive branch and generally have proved to be strongly influenced by political pressure.

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