Articles Tagged with entrepreneurs

cuba-fitness-300x201If you live in or near a decent-sized city, you’ve probably noticed that fitness is a fad that doesn’t seem to be going away. From CrossFit gyms to bike lanes to pricey fitness apparel stores, it’s clear that people demand that fitness be more available to them.

Cuba is also jumping on the fitness bandwagon. In a time where it looks like Cuba might finally ease up on private enterprise, more and more entrepreneurs are looking to enter a market that will always be making gains.

Continue reading

Paladares-300x200

Cuba has seen many changes in the last few years.  With the slow and steady influx of tourism from the US and a regime change, Cuba is gaining momentum as it turns toward more laissez-faire policies.  On a day-to-day level, these changes in policies have manifested themselves as a healthy crop of privately owned establishments–bars, hotels, and nightclubs are booming as Cuba’s private sector grows.

However, last week saw a brief halt in operations when the government instituted a temporary freeze on new licenses for a few of the more prominent private sector enterprises–room rentals, cafés, and restaurants, to name a few.

Continue reading

Cuba-Restaurant-300x200Cuban authorities are reportedly raiding several private restaurants on the island in what appears to be a government crackdown on entrepreneurs transgressing the Castro regime’s definition of free enterprise.

El Litoral, a high-end paladar known for its food and clientele, was the first to get raided by authorities. Officials from the Technical Department of Investigations reportedly carted off tables, chairs, plates, sound systems, and bottles of imported liquor.

Neighboring businesses told news sources that the owner of El Litoral got in trouble because of money laundering allegations. The liquor the restaurant served didn’t come from official government sources and some of its employees were allegedly being paid off the books. Servers also reportedly told clients that they accept dollars if they don’t have CUCs (Cuban convertible pesos). U.S. dollars are not legal tender on the island.

Continue reading