BEE set to launch internet service operations in Tunisia in Q1 2019

BEE, a joint venture formed by Tunisian and foreign investors, will launch internet services in Tunisia in the first quarter of 2019, reports Ecofin. BEE will initially offer ADSL and VDSL services before expanding to others such as FTTH, IPTV and telephony, the new company’s operations manager Karim Labidi said. He said the project is administratively and technically ready for launch. A network of sales points is being installed in the country to be as close to clients as possible. BEE is counting on proximity and competitive prices to gain…

Seminar on plastic recycling due in TUNIS

A seminar on the theme “The Circular Economy of Plastic: Best Practices and Networking” will be held on December 18 and 19 in Tunis. The event which is financed by the European Union aims to support and strengthen social and ecological innovations in various countries in the Mediterranean and to promote interaction between the Tunisian and European plastic recycling industries, with the goal of creating future forms of collaboration. SwitchMed is coordinated by the EU; the UN Industrial Development Organisation (UNIDO); the Mediterranean Action Plan (MAP), part of the United Nations…

Tunisia produces 3 pct of electricity from renewable energy

A total of three per cent of the electricity is from renewable energy in Tunisia, President of Tunisian Association of Wind Energy (ATEE) Nafaa Bakari said Thursday at an international forum on renewable energy, energy efficiency and investment in energy infrastructure. Bakari said that Tunisia was able to make the first steps toward energy transition in a carbon-free economy voicing hope to reach 20 per cent by 2020 and 22 percent per cent by2030. Since 2017, a series of international tenders were launched for the achievement of major energy projects…

Tourism Ministry eyes one million French tourists in 2019

The Tunisian Ministry of Tourism and Handicrafts is striving in collaboration with French and Tunisian tour operators, to energise the French market so as to bring the number of French tourists visiting the country to one million in 2019. Minister of Tourism and Handicrafts René Trabelsi said in Paris, on the sidelines of a meeting with managers of these travel agencies and the Union of Tour Operating Companies (Seto) that the department is betting more on the French market, which has attracted nearly 737 thousand tourists until November 30, 2018, against…

Digitalisation Index of Enterprises and Consumers: Governorate of Tunis ranks first:

In terms of digitisation of Tunisian private companies and consumers, the Tunis governorate occupies the first place, according to the 3rd edition of the digitisation index published by the Arab Institute of Business Leaders (IACE), in collaboration with Tunisie Telecom telephone operator. The consumer digitisation index of the governorates of Tunis and Ben Arous was 5.6 points and private companies stood at 7.3 points, against 2.1 points for the governorate of Mahdia and Kasserine. The governorate of Ariana ranked second in terms of consumer digitisation index, with 5.5 points and…

Tunisia, KfW ink €100 million loan agreement for water sector overhaul

A loan agreement of 100 million euros (about 330 MTD) in the form of budget support for the second phase of the water reform programme was inked by the Development, Investment and International Cooperation Ministry and the German Development Bank (KfW) Wednesday in Tunis. The loan, which will be repayable at an interest rate of 2.2% over 15 years with a grace period of 5 years, will be disbursed in 2019. Director of KfW Tunis Office Sven Neunsinger said the loan will fund large-scale water reforms. The KfW has 1.2…

BCT keeps rates unchanged on stable inflation

The executive board of the Central Bank of Tunisia (BCT) kept interest rates unchanged after a meeting held Monday, as inflation proved stable. Interest rates have remained at 6.75% since June. The central bank has increased the key policy rate by 175 basis points in 2018 in a bid to tackle inflation, falling reserves and the depreciation of the dinar. Prices rose year-on-year by 7.4% in November and inflation has been recorded at that level for three consecutive months. TunisianMonitorOnline   Share+1TweetShare0 Shares

HPR approves 2019 budget

The Tunisian House of the People’s Representatives (HPR) on Monday approved the 2019 budget which will impose no new taxes on citizens and will cut the tax burden for some sectors, after years of tax hikes that have stoked public anger and sometimes violent protests. The budget showed a deficit falling to 3.9 % of gross domestic product (GDP) in 2019, from about 5 %  expected this year. Next year budget expects Tunisia’s economy to improve in 2019 by 3.1 %, up from an estimated 2.6 %  this year. The government will impose…

Third round of negotiations with EU on DCFTA starts

Tunisia started Monday, in Brussels, Belgium, the third round of negotiations with the European Union (EU) on the draft agreement of the Deep and Comprehensive Free Trade Areas (DCFTA). Great hopes are expected to reach exceptional measures by the Europeans in favour of strategic sectors. Chief negotiator of the DCFTA and Minister of Transport Hichem Ben Ahmed underlined, at the opening of the negotiations held on December 10-14, 2018, with attendance President of the European group negotiator Ignacio Garcia Berciro, that Tunisia’s interest in the development of negotiations that have made good…

Ministry of Industry launches call for tender to build solar plant and wind farm in Tunisia

The Ministry of Industry has launched a call for tender to build and manage a solar plant and wind farm in Tunisia. According to the Ministry, 16 companies and consortiums were pre-selected to contend for the bid to provide and manage a 500-megawatt solar plant, and 12 companies were pre-selected to compete in the bid for building and managing a 300-megawatt wind farm. The Italian energy giant Enel is vying for the solar plant project along with other companies including international energy giants such as Saudi Arabia’s ACWA Power, the…