Articles Tagged with private sector

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.

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https://www.attorneycuba.com/files/2017/08/cuba-professionals_f2c47df30835a792b5d71fbab64cc18e.nbcnews-ux-600-480-300x197.jpgProfessionals in Cuba are in limbo as the Castro government decides how much to loosen its firm grip on private enterprise. The private sector has seen tremendous growth over the past decade, with private employment rising from 140,000 in 2009 to 535,000 in 2016.

At the same time, Cubans working for the state at a rate of $25 or less per month have been flocking to slightly more lucrative private sector jobs, such as waiting tables and driving taxis. Those are not exactly the types of jobs that young, ambitious Cubans are thrilled to take, but unskilled jobs aren’t the only ones opening up. As Cuba finds its way, opportunities for professionals come and go. Continue reading

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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.

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