Tunisia is moving to suspend Bolt over allegations of tax evasion, money laundering, and operating without proper licenses. Authorities claim to have seized 12 million dinars ($3.8 million) linked to several ride-hailing apps, including Bolt, accusing them of illegally transferring funds abroad.
This crackdown coincides with Tunisia’s plan to launch a state-backed ride-hailing app, which will regulate fares and ensure revenues stay within the country. The government says the new platform will function like international ride-hailing services but operate through registered taxis.
Bolt has denied the accusations, calling them baseless and warning that banning foreign platforms could hurt market competition. Despite government pressure, Bolt says its services remain fully operational in Tunisia for now.
Read the full news here: TechCabal