by Dispatch Risk Analysis | Mar 2, 2024 | Diplomacy, Economic, Tunisia
Tunisia: Visits Follow Financing Deal as Riyadh Shores up Relationship Summary: In late-February 2024, Tunisia hosted multiple visits by officials from Saudi Arabia, including the Saudi Health Minister and Minister of the Interior. Please login or purchase an InBrief...
by Dispatch Risk Analysis | Feb 24, 2024 | Diplomacy, Economic, Tunisia
Tunisia: African Payment System to Facilitate Cross-Border Payments Summary: In early February 2024, Tunisia formally joined the Pan African Payment and Settlement System (PAPSS), becoming the 13th Central Bank member of the cross-border payment settling system...
by Dispatch Risk Analysis | Feb 23, 2024 | Diplomacy, Economic, Tunisia
Tunisia: Riyadh Asserts Regional Leadership, Promising Phosphate Investment Summary: On 21 February 2024, Sultan al-Marshad, the CEO of Saudi Arabia’s Saudi Fund for Development (SFD) visited Tunisia indicating imminent plans to invest in revitalizing the rail...
by Dispatch Risk Analysis | Feb 22, 2024 | Economic, Social, Tunisia
Tunisia: Drug Prices to Rise Slightly as Pharma Sector Struggles Summary: On 19 February 2024, officials representing the pharmaceutical industry announced price increases for 280 drugs sold in Tunisian pharmacies. These increases come as various players in the...
by Dispatch Risk Analysis | Feb 21, 2024 | Diplomacy, Economic, Tunisia
Tunisia: Carthage Hosts EBRD Head, Seeking Economic Lift Summary: On 19 and 20 February 2024, President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso visited Tunisia for official meetings with President Kais Saied and members of his...
by Dispatch Risk Analysis | Feb 20, 2024 | Legal, Political, Tunisia
Tunisia: BNA Officials Under Scrutiny as Anti-Corruption Efforts Widen Summary: On 20 February 2024, police arrested two former senior employees of Banque Nationale Agricole (BNA), marking the latest steps in President Kais Saied’s anti-corruption campaign. The two...
by Dispatch Risk Analysis | Feb 19, 2024 | Security, Tunisia
Tunisia: Suspected Terrorist Arrested in Kasserine in Possession of Explosives Summary: On 19 February 2024, a multi-unit counterterrorism force arrested a member of the Jund al-Khalifa terrorist organization in Kasserine, identifying the individual as “dangerous.”...
by Dispatch Risk Analysis | Feb 18, 2024 | Contingency
Contingency Corner: Compliance Risk Compliance issues can create significant risks for organizations operating in North Africa. Consider the following when navigating the often opaque regulatory environment: Seek trusted legal counsel on all aspects of your operations...
by Dispatch Risk Analysis | Feb 17, 2024 | Diplomacy, Security, Social, Tunisia
Tunisia: Weekend Protests as Palestinian Cause Drives Frustration Summary: On 17 February 2024, protestors marched to the French Embassy in downtown Tunis in support of a ceasefire in Gaza. Since the conflict began in Gaza in October, the French Embassy on Avenue...
by Dispatch Risk Analysis | Feb 16, 2024 | Diplomacy, Economic, Tunisia
Tunisia: African Payment System to Facilitate Cross-Border Payments Summary: In early February 2024, Tunisia formally joined the Pan African Payment and Settlement System (PAPSS), becoming the 13th Central Bank member of the cross-border payment settling system...
by Dispatch Risk Analysis | Feb 15, 2024 | Economic, Social, Tunisia
Tunisia: Slow 2023 GDP Growth Points to Continued Challenges in 2024 Summary: Last week, the National Institute of Statistics (INS) released financial data and analysis indicating that GDP growth for 2023 was 0.4%. Please login or purchase an...
by Dispatch Risk Analysis | Feb 15, 2024 | Economic, Political, Social, Tunisia
Tunisia: New Head of Central Bank Faces Controversial Policy Implementation Summary: On 15 February 2024, President Kais Saied swore new Central Bank Governor Fethi Zouhair Nouri into office, marking a key transition in leadership at a vulnerable economic moment. ...
by Dispatch Risk Analysis | Feb 15, 2024 | Economic, Social, Tunisia
Tunisia: Anti-Corruption Agenda on Display with Arrests at Public Steel Firm Summary: On 14 February 2024, President Kais Saied promised significant action targeting corruption, particularly within Tunisia’s public institutions. Please...
by Dispatch Content | Feb 11, 2024 | Contingency
Contingency Corner: Carbon Monoxide With gas heating prevalent in the region, the risk of carbon monoxide poisoning is persistent and leads to deaths each year. Consider the following to guard against extended exposure: Have regular service done on gas heaters and...
by Dispatch Risk Analysis | Feb 8, 2024 | Diplomacy, Legal, Social, Tunisia
Tunisia: Additional Steps Toward Cybercrime Treaty Accession Summary: On 6 February 2024, the Parliament voted to approve Tunisia’s accession to the Budapest Convention on Cybercrime of the Council of Europe. The vote paves the way for Tunisia to become a party to the...
by Dispatch Risk Analysis | Feb 7, 2024 | Economic, Political, Social, Tunisia
Tunisia: Parliament Makes Law Plan for Central Bank to Buy Treasury Bonds Summary: On 6 February 2024, the Tunisian Parliament voted to adopt a law that grants exceptional powers to the Central Bank to purchase treasury bonds, enshrining in law the long-signaled...
by Dispatch Risk Analysis | Feb 6, 2024 | Diplomacy, Political, Security, Tunisia
Tunisia: Western Sahara Tensions Surface Again Over Trade Fair Invite Summary: On 1 February 2024, the Polisario Front, which Morocco considers a hostile separatist movement, announced plans to participate in the International Exhibition for Traditional Handicrafts...
by Dispatch Risk Analysis | Feb 6, 2024 | Diplomacy, Economic, Social, Tunisia
Tunisia: Wrestler Disappears in France, Pointing to Economic Hardships Summary: On 5 February 2024, an official from the Tunisian Wrestling Federation announced that an athlete sent to France for training had disappeared and not returned to Tunisia with the delegation...
by Dispatch Risk Analysis | Feb 5, 2024 | Political, Social, Tunisia
Tunisia: Local Council Runoff Elections Yield Minimal Turnout Summary: On 4 February 2024, the second round of run-off local council elections were held across Tunisia, with voter participation marked at 12.44%. The turnout for the run-off local council elections...
by Dispatch Risk Analysis | Feb 5, 2024 | Contingency
Contingency Corner: Legal Risk Organizations of all types and sizes face legal risk based on the laws and judicial structures of their context. Consider the following when assessing your organization’s legal risk: Build legal compliance operations into your...
by Dispatch Risk Analysis | Feb 3, 2024 | Economic, Political, Social, Tunisia
Tunisia: Central Bank Set to Fund Loan Repayment Due Mid-February Summary: On 2 February 2024, the Board of Governors of the Central Bank of Tunisia issued a press release following a meeting that stressed the need for “vigilance” in allowing the Central Bank to...
by Dispatch Risk Analysis | Feb 3, 2024 | Legal, Political, Tunisia
Tunisia: Ghannouchi Sentenced Again with Spotlight on Foreign Funding Summary: On 1 February 2024, imprisoned leader of the Ennahdha party, Rached Ghannouchi, was sentenced to three additional years in prison for facilitating the illicit receipt of foreign financing...
by Dispatch Risk Analysis | Feb 3, 2024 | Legal, Political, Security, Tunisia
Tunisia: State of Emergency Extended Through 2024, Granting Broad Powers Summary: On 30 January 2024, President Kais Saied announced that the official State of Emergency would be extended through 31 December 2024. Please login or purchase an...
by Dispatch Risk Analysis | Feb 2, 2024 | Economic, Legal, Political, Tunisia
Tunisia: Annual Corruption Index Highlights Perennial Challenges Summary: In late January 2024, Transparency International released its annual Corruption Perceptions Index covering 2023, ranking Tunisia 87th out of 180 total countries ranked. The ranking did not note...
by Dispatch Risk Analysis | Feb 1, 2024 | Diplomacy, Economic, Political, Security, Tunisia
Tunisia: Italy Launches Modernized “Mattei Plan” to Address Migration Summary: On 28 and 29 January 2024, Italy hosted the Italy-Africa Summit in Rome during which €5.5 billion in development projects and investment were announced. Part of the plan announced at the...
