Africa Economy

Displaying 103 - 108 of 869

 

As Tunisia attempts to balance its budget and free enough financial resources for investment programmes, dealing with the rise of business informality and tax evasion has become of paramount importance. Although exact figures on the issue are difficult to quantify, studies point to an increase in the volume of informal activity following the...

 

The Republic of Tunisia established a unitary semi-presidential democratic government after its independence from France in 1956. The country’s first half-century of sovereignty was marked by steady social progress and reasonably robust economic development. Under the reign of President Zine El Abidine Ben Ali, who ruled from 1987 to his...

 

Following independence from France the Tunisian Republic was founded in 1956. Habib Bourguiba – known as the father of the nation – tempered the influence of religion, pushed for women’s rights in the Personal Status Code and created secular, coeducational and bilingual schools. These measures helped Tunisia to establish itself leading...

 

Despite GDP growth struggling to reach pre-2011 levels, the government estimated growth of 2.5% in 2018 and has forecast it will reach 3% in 2019. Two pieces of legislation introduced since 2018 should aid this expansion and provide a degree of increased confidence. The Transversal Law aims to improve business conditions while the Start-up Act...

 

On April 24, 2019 the Assembly of the People’s Representatives approved a set of legislative reforms to simplify business creation, ease access to finance, facilitate public-private partnerships (PPPs) and strengthen company governance. Of the 38 articles in the Loi Transversale (Transversal Law), 28 are specifically intended to improve the...

 

Since the 2011 Jasmine Revolution, Tunisia has not only developed at the domestic level, but also in terms of its external relations. While the popular upheaval helped reshape the region by inspiring the Arab Spring – for better and worse – the country’s flourishing civil society and growing participation in international organisations has...

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