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Tunisia: Standard & Poor’s does not rule out negative rating actions

Banks in North Africa appear resilient to the global financial storm that has hit numerous financial institutions around the globe said Standard & Poor's Ratings Services in a new report, 'Banks In North Africa Are Holding Up Under The Global Financial Storm But Face Local Headwinds'. ...

Cisco CEO for North Africa and the Levant: Cisco helps companies build up

Cisco trusts Tunisia, that is what emerges from the various speeches and statements by  U.S networking company  executives. who attended the opening ceremony of the Cisco office in Tunis. ...

”The State is a mere trading partner”

Is the State ready to give up its sovereign powers and other ones and delegate some to private business? If the issue is a matter for debate almost everywhere, especially in the European Union countries and those of the Maghreb and Tunisia, ...

Tunisia: Ridha Horri seeks temporary admission to export more.

Horri Ridha is an exporter of canned tomato. He has just made the discovery of the Cameroonian market hailing its «favourable methods of work" after gaining other markets  in sub-Saharan Africa. Interview : ...

Globus, a network of African insurers.

Christian Hapi is Development and technical manager at  Activa Cameroon insurance company. When he was 16, he joined the School of Commerce in Paris and after a first position at BMW as area manager for UAE, including the market of Dubai and Qatar, he decided to resume studies at the Ecole Nationale ...

The President of CCFA: ”Together we will overcome the crisis, together, we will suffer from.”

Hervé de Charette, vice-president of the French National Assembly and President of the Franco-Arab Chamber of Commerce (CCFA) has recently paid a visit to Tunisia during which he discussed with various officials and representatives  ...

T. Bayahi talks about Sotuver, Promogros and Magasin Général.

Magasin Général  (MG) has just  launched a capital increase operation aiming at  completing  the takeover of Promogros. The transaction is still raising questions among shareholders of the company which is involved in a reorganization process, ...

Slim Zghal encourages Tunisians to buy back French firms.

Altéa Packaging is a Tunisian group that is not experiencing crisis.. Specialized in packaging, the company is a” beautiful success story “. It has just bought an Egyptian company after buying back a French one. Leading the group along with his father Hedi, Slim Zghal is level-headed and doesn’t   ...

Tunisia: Textile on live embers is preparing for the worst!

It is unanimously asserted that three economic sectors run the risk to be contaminated by the international economic crisis, while European countries are  no more hiding recession. These sectors are those of  mechanical and electrical industry, textile and tourism . For the first, the warning signs are already there and bosses have raised the issue.. For tourism ...

EUROMED REVIVAL PLAN FOR THE SOUTH ECONOMIES IN 2009

Philippe De Fontaine Vive is vice-president of the European Investment Bank. He attended the “Enterprise Days” held in Sousse where he advocated the Union for the Mediterranean (UPM). We met him for a discussion on the projects of the European Union for the South. The representative of EU financial arm announced  ...

Tunisia : «The share of Tunisian suppliers and equipment providers will be preserved in proportion », according to the Managing Director of Citroën.

During his last visit in Tunisia to inaugurate the new show room of his Tunisian representative Aurès, a visit which coincided with the first signs of the international financial crisis in the automobile sector, ...

Africa : What after the meeting ?

Tunis was, for three days, the destination of African ministers, finance specialists and bankers, for a Summit with the international financial crisis looming. Banks and financial institutions were not affected by the financial tsunami which raged over most international financial  ...
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