Business & Economy

Cuba has managed to consolidate a business network with the government of Angola using Cuban professionals as raw material.

Beyond the scarce figures offered by the island’s government, the real impact of the enclave on the Cuban economy is unknown.

About 95 percent of Cuba’s electricity generation relies on fossil fuels. For that to change would mean major investment.

Maria travels to Guyana, Russia, Peru, Colombia or Venezuela to buy products as cheaply as possible for her store in Cuba.

Eggs cost 3,500 pesos per carton of 30 on the informal market. Most retirees receive pensions of less that 2,000 pesos a month (under $7 USD)

The sale of medicines and the purchase of foreign currency, all informal, happen in plain sight of the police.

Demographic problems can be alleviated through collaboration with private companies, according to the interview that the newspaper Escambray.

In Holguin, as in most of the Island, private businesses are rapidly replacing dilapidated state-owned companies infrastructure.