Author: BGMN

Tunisia wins four gold medals at Los Angeles International Extra Virgin Olive Oil Competition

BGMN

Tunisia won six medals, including four gold medals, at the 19th edition of the Los Angeles International Extra Virgin Olive Oil Competition, TAP reports. The variety “Olivko” won the gold medal “Best Of Class,” along with the organic olive oil “Olivko” also won a gold medal. Ditto for the organic variety, Oriviera. Besides, « Triomphe Thuccabor » of Domain Ben Ismail won a gold medal. The Ben Ismail Domain lies in the north-western part of Tunisia, in the villlage of Toukaber. After winning the bronze medal at the “Athena International Olive…

UN and Libya take step towards labour migration management

BGMN

The United Nations Support Mission in Libya (UNSMIL) and Libyan authorities took the first steps to develop a plan to manage labor migration in Libya. UNSMIL said in a statement on Friday that the step was taken during a three-day workshop hosted by the Libyan Minister of Labour and Capacity Building in Tunisia. The workshop was on developing Libya’s labour market and fostering youth empowerment throughout the country, with participation of the International Organization for Migration (IOM). “The event brought together government authorities such as the Ministry of Planning, Ministry…

Young Tunisian women launch business initiative to change own destinies

BGMN

From Tunisian pastries to carpets, to clothes and jewellery, the products combine elements of tradition and modernity. Despite economic difficulties facing the handicraft sector, young Tunisian women artisans established an initiative to promote the industry and provide jobs for themselves and others. The “I am Change” initiative encourages female artisans, many of whom are unemployed university graduates, to sell their work to a larger customer base and break into bigger markets. From Tunisian pastries to carpets, to clothes and jewellery, the products these women make combine elements of tradition and…

CPG and GCT can no longer take on new hires (Khaled Kaddour)

BGMN

Minister of Energy, Mines and Renewable Energy Khaled Kaddour said, Friday, during his visit to the governorate of Tozeur, with a ministerial delegation chaired by Prime Minister Youssef Chahed, the incapacity of the Gafsa Phosphates Company (CPG) and the Tunisian Chemical Group (GCT) to take on new recruitments, after those created in recent years, TAP reports. He stressed the need to reactivate environmental companies to play a positive economic role. Commenting on the situation of the CPG, after the cessation of production and its decline of more than 50% over…

New Tunisian central bank Governor promises ‘extraordinary measures’

BGMN

Former World Bank official and economics professor Marouane El Abassi was sworn in, on Friday, before President Beji Caid Essebsi after being approved by parliament as the new Tunisia’s Central Bank governor on Thursday, promising “extraordinary measures” to save the country’s economy. El Abbassi takes over the BCT at a crucial time when Tunsiia faces deep economic challenges, mainly the rising deficit and inflation and a fall in the Tunisian dinar value as well as high uneemployment. “I do not believe that there is a crisis that cannot be solved,” El…

Secret Russian arms shipment? Cargo ship with arms detained in Tunisia.

BGMN

According to Tunisian sources, military trucks, armored and military personnel armored vehicles were found on board, also 24 containers with ammunition, all military cargo said not to be properly documented, destination of shipment unclear. Ro-ro cargo ship under Russian name URAL but operated by Mersin-based Turkish company, was detained in Sfax port, Tunisia, for a thorough search and check, having on board, according to locals, cargo of arms and ammunition. The ship is en route from Novorossiysk Russia to Douala Cameroon, Tunisian sources said she interrupted voyage and called Sfax,…

Tunisia’s economy grew 1.9 % in 2017, 1 % in 2016

BGMN

The Tunisian economy has reached a growth rate of 1.9%, for the whole year 2017, the National Institute of Statistics (INS) announced. On a year-over-year basis, gross domestic product (GDP) grew 2.0% in the fourth quarter of 2017, over the same quarter of 2016, and 0.8% from the third quarter of 2017. Value added of the manufacturing industries leaped 1.4% in the fourth quarter of 2017 compared with the same period in 2016, but fell  2.4% compared to the third quarter of 2017. The INS said the positive progress of…

The Arab World Turns to Its People for Solutions

BGMN

The spread of social media and online communication has enabled instant access to large numbers of people, connecting companies to global audiences and giving voice to the masses. Whether it’s raising funds, collecting signatures for a cause, or gathering user-generated content, the possibilities of capitalizing on this huge pool of talent, knowledge and skills seem endless. While governments in the Arab world look at this rising power of the “crowd” with suspicion, some people are seeking to use it for social benefit. Tamer Taha, a researcher and consultant on innovation…

Tunisia: Agricultural trade balance was positive in Jan. 2018

BGMN

At the end of January 2018, Tunisia had a positive agricultural trade balance of TND76 million ($31.7). During the same period in 2017, it registered a TND232.9 million ($97 million) deficit, according to the ministry of agriculture, Water resources and fishery. This positive performance is due to a surge by 102.3% in foodstuff exports (TND481.9 million) and decline by 13.4% in imports (TND405.9 million), compared to the previous year, the Ministry reports. The main products exported during the period under review are olive oil (+228%), sea products (+62%), canned vegetables and…

5th edition of Entrepreneurship Fair “Riyeda” on February 21-22, 2018

BGMN

The fifth edition of the Entrepreneurship Fair “Riyeda” will be held on February 21-22, 2018 at the convention centre of the Laico Hotel in Tunis. Skander Haddar, organiser of the show said that this show will be marked by the presence of 8 thousand visitors among students, young people with business ideas as well as confirmed entrepreneurs. Over 50 exhibitors representing public and private sector structures for financing, coaching, training and mentoring in the field of entrepreneurship will take part in the show,  Skander Haddar told Express FM on Thursday…