Lessons for Cuban business

January 30, 2012

President Raúl Castro wants the recent liberalisation of small businesses to bolster Cuba’s sagging economy and absorb the 1m state workers he says will eventually be laid off.

But Cuba’s budding micro-entrepreneurs – over 350,000 had registered as of November 2011 – lack almost everything that start-ups need, from premises and relevant skills to capital. Will they ever really get off the ground?

A bustling restaurant in Havana’s colonial centre – which opened in January 2011, is appropriately called “La Moneda Cubana”, the Cuban coin, and is run by Miguel Ángel, a 37-year old entrepreneur - suggests some answers...



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Date Title
1/30/12 Cuban communists OK term limits for party and government officials
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1/30/12 Current Record
1/30/12 As Raul Castro's Communists hold conference to promote reforms, Cubans fear it is all too slow
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1/30/12 US has tied own hands as Cuba drills
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Laura Wides-Muñoz, AP
1/30/12 Bash America? The Castros play to their base in Cuba
Sarah Miller Llana, Cristian Science Monitor
1/29/12 Cuba’s Castro defends one-party system, urges Communist Party to fight No. 1 enemy: corruption
AP, The Washington Post
1/18/12 Cuba and its patron saint await Pope Benedict
Marc Frank, Reuters
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Jeffrey Goldberg, Bloomberg
1/18/12 Convicted Cuban spy wants transfer to Florida prison
Juan Tamayo, El Nuevo Herald
1/17/12 Jailed Cuban dissident reported near death
Juan Tamayo, El Nuevo Herlad
1/16/12 Oil rig could be off Key West in two weeks
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1/16/12 Cuba: 9-plus tons of drugs seized in 2011
AP, The Miami Herald
1/13/12 Iran's Ahmadinejad, Fidel Castro chat in Cuba
CBS/AP
1/13/12 Pilgrimages planned for pope’s visit to Cuba
Ana Veciana-Suarez, The Miami Herald
1/13/12 Iran's Ahmadinejad, Fidel Castro chat in Cuba
CBS/AP
1/12/12 Iran’s president visits Havana during Latin American swing
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Marc Frank, Reuters
1/11/12 Cuba activist: Brief detentions doubled in 2011
AP, The Miami Herald
1/11/12 A sliver of hope in Pope’s visit to Cuba
Fabiola Santiago, The Miami Herald
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1/10/12 Archbishop of Miami hopes for a “springtime of faith’’ when pope visits Cuba
Mimi Whitefield, The Miami Herald
1/9/12 Cuban exiles remain prisoners of our fears
Jose Manuel Palli, El Nuevo Herald
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Marc Frank, Reuters
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1/4/12 Cuba to give citizens money to fix up, build homes
AP, The Washington Post
1/3/12 Cuban prisoner dies during hunger strike
AP, The Miami Herald
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1/1/12 Archbishop Wenski returns from Mass in Cuba
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