Business in Cuba

Starting up in Cuba but not connected

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  Nick Muroff of the Washington Post wrote an article recently about one of the major difficulties for digital Cuban start-up businesses – the lack of internet connectivity.  In order to remain connected he explains, many Cubans have to spend a minimum of 5 CUCs an hour to be connected.  Even with this possibility, the Wifi access they buy is incredibly slow with download speeds of 4 or 5 KB per second, something unheard of in North America or Europe.  The slow connectivity speed makes it difficult for Cuban entrepreneurs starting up in Cuba. Sadly, only 3.4 percent of the total population was able to access the Internet from home in 2013.  The Cuban government has promised that it aims to have “all Cubans” connected…

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Unbiased reporting on economic news and business developments in Cuba by industry sector

 

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