Tunisia's transport ministry has announced plans to suspend Bolt, one of the country's leading ride-hailing apps, over allegations of tax evasion, money laundering, and operating without proper licenses. The ministry claims to have seized 12 million dinars ($3.8 million) from accounts linked to several apps, including Bolt, stating that the funds were illegally transferred abroad.

The crackdown comes as Tunisia prepares to launch a state-backed ride-hailing app aimed at controlling fares and regulating the sector. The transport ministry claims the yet-to-be-named app will cap prices at 1.5 times the traditional taxi meter rate and address drivers' demands for higher rates. The app will offer features similar to those found in other international platforms, including digital payments and real-time tracking.

Bolt has denied the allegations, describing them as "completely unfounded." The company argues that all local authority actions have been taken without the involvement of an investigating judge, and they have not been allowed the opportunity to contest the authorities' allegations, which has prevented them from defending their rights.

Bolt also warned that banning foreign ride-hailing companies would "create a worrying precedent" and harm market competition. The company insisted that its operations in the country follow local laws and regulations.

The transport ministry, however, claims that the plan is part of efforts to reform the transport sector and "help preserve the local market and ensure revenues stay within Tunisia, unlike foreign-based apps that transfer earnings abroad." The ministry's move is seen as a bid to exert greater control over the ride-hailing industry and protect local businesses.

Several other ride-hailing apps, including Yassir, Heetch, and local platform Amigo, currently operate in the country. However, major international players like Uber and Careem have yet to enter the Tunisian market. Despite the controversy, Bolt has assured users that its services will remain fully operational in Tunisia, and drivers and customers will be able to use the app as usual.

The battle over market control – and foreign firms' role in it – is far from over. As Tunisia tightens its grip on the ride-hailing industry, the implications of this move will be closely watched by industry stakeholders and regulators alike.