The roundtable event brought together members of the private sector to discuss the challenges, opportunities and potential of one of 2019’s most pivotal laws: La Loi Transversale. On a more macro level, speakers shed light on the encouraging foreign investment situation which despite the setback of 2019, an election year, continues its upward trend since 2015.…
Oxford Business Group (OBG) began its CEO Survey in 2016 with the aim of giving our clients a handle on sentiment in the various markets we cover. Sentiment is of course intangible, but it is an all-important factor in the decisions business people and investors make when they weigh up their risk appetite. In turn, sentiment informs the level of confidence with which they view a market. It is also…
Nous avons le plaisir de vous informer que TABC organise la troisième édition du Forum International FITA2020 « Financing, Investment and Trade in Africa », en partenariat avec le ministère des Affaires Etrangères, le ministère de l'Investissement et de la Coopération Internationale et le ministère du Commerce, les 4 et 5 février 2020 à l’hôtel Laico. Capitalisant sur le succès des…
En Français Lower agricultural exports, on the back of sluggish global demand, made for a challenging 2019 in Tunisia. In an October update to its economic forecast, the IMF announced it was expecting Tunisia’s GDP to grow by 1.5% in 2019, down on the 2.5% expansion recorded in 2018. However, growth should pick up in 2020, with the World Bank expecting a growth rate of 2.2% for the year,…
On improving the investment environment and attracting global players What are the expected implications of Law No. 47 of 2019, which was adopted in April 2019 to improve the business and investment climate? BELIGH BEN SOLTANE: A predictable, efficient and stable business environment is essential in attracting foreign direct investment (FDI). To this end, the new law is aimed at improving several…
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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 business environment. One of these measures, slated to run…
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 supported stronger relations with both traditional and…
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 2011 uprising. Government officials have estimated that tax…
As a strained budgetary situation has been a challenge to public investment, efforts have been made to encourage the private sector to take on a larger share of necessary works. To attract the interest of foreign and domestic investors, Tunisian authorities have strengthened the regulation overseeing public-private partnership (PPP) agreements and launched an ambitious project portfolio. The PPP Law…
