The Company With total sales above TD1.5bn (€687.9m), Poulina Group Holding is ranked among the top private enterprises in Tunisia. The group started in the late 1960s when the founder set up a small chicken farm business with a view to innovating in the mass consumption sector. Diversification came as the group grew fast and developed into a fully integrated business. Today, Poulina is one of the…
Tunisia has an active stock market that has seen a large number of equity listings in recent years and that witnesses regular government and corporate bond issues, though the secondary share market is relatively shallow and bond trading activity is minimal. Both markets, and particularly the corporate bond market, are dominated by the financial sector. Following strong growth in 2014, the country’s…
The Company Founded in 1994 by Jalila Mezni, Société d’Articles Hygiéniques (SAH) is one of the fastest-growing groups in the Tunisian economy. SAH started with feminine hygiene production under its own brand Lilas. As the group began to grow rapidly, it has expanded its production to include baby diapers, tissues and diapers for adult incontinence. In 2008 the company opened its capital to a…
The Company With total annual sales of around TD900m (€412.7m) in 2014, Société de Fabrication de Boissons de Tunisie (SFBT) is becoming one of the major private sector groups in Tunisia. It is made of 25 companies and generates most of its sales from soda beverages and beers. SFBT is a market leader in both segments. Since the year 2000 the strategy of the group has revolved around diversification,…
One of the most developed and diversified economies in the region, Tunisia has for years attracted praise for relatively prudent management. With high urbanisation, well-maintained infrastructure, a strong education system, close trade links and a modest selection of natural resources, the country has an attractive macroeconomic profile. However, Tunisia has suffered from reduced growth following…
Although insurance penetration levels in Tunisia are low by international standards, overall premiums are growing steadily and the life segment is expanding rapidly, as are new niches such as takaful (Islamic insurance) and micro-insurance. The industry regulator is also working on a number of reforms to bolster sector development, including changes in the rules on pricing mandatory third-party liability…
Tunisia is considered to be one of the success stories – if not the success story – of the Arab Spring, but that does not mean its economy has escaped the turbulence of recent years. The instability generated by Tunisia’s 2011 revolution resulted in the delayed roll out of important infrastructural projects and needed maintenance of existing infrastructure. Although Tunisia’s utility infrastructure…
Unlike many economies elsewhere on the continent, Tunisia’s construction market is dominated by local firms, which are also becoming increasingly active abroad, not only in nearby countries like neighbouring Algeria, but also in parts of West Africa. The domestic market is primarily driven by government investment and, following a slowdown in 2015 – a result, in part, of low implementation rates…
The Tunisian real estate development industry is fragmented, with a large number of developers for a comparatively small market. Property and especially land prices have seen consistently strong growth in recent years, but 2015 was a difficult year for developers due to factors such as rising construction costs, land shortages and reduced banking sector liquidity; however industry figures indicate…
Interview:Didier Charvet,Nizar Bouguila What is the development scheme for the 4G network, and how will it impact the market? DIDIER CHARVET: The 4G network is interesting for operators because it offers new opportunities to grow their platforms. For the market as a whole, it will allow more regions to have access to high-speed internet. The Tunisian market is interesting in that people…
