The Ministry of Commerce and Industry on Monday, August 30 set the prices of notebooks to avoid speculation by traders. At the market, the prices are very low compared to the prices announced by the ministry. According to sellers, the cost of the notebook depends on the purchasing power of the customers.
The 100-sheet notebook sells for 1,200 Burundian francs, that of 60 sheets at 750 francs, such are the prices that were set on Monday by the Ministry of Commerce and Industry.
The permanent secretary of this ministry, Jérémie Banirwanizingo, specifies that these prices are valid for the bride of Bujumbura. “Inside the country, the 100-sheet notebook sells for 1,250 Burundian francs, that of 60 sheets for 800 francs.”
These fixed amounts are high compared to market prices. In front of some school material stands, the notebook can be bought at a price very low than that set by the government. It’s like this mother, in her forties, she confided that she had notebooks of 100 sheets at 1,000 francs each.
“There are times when our customers do not have enough money and in order not to lose, we sell at a lower price as long as our profit margin is there”, testifies one of the sellers of the old notebooks. Bujumbura central market.
The Ministry of Trade and Industry stressed that these prices should be applied even for imported notebooks. This is when the start of the school year is scheduled in two weeks.