Economics

The HAT government is scaring new investors away. After the New Brewery of Madagascar & co. failure, the Madamobil telecommunication community is the eye of the storm. Prevented from starting its commercial activities, the new mobile phone operator is now being threatened with being deprived from its license, could it refuse to pay its predecessor's debts. Lire la suite »

Every political crisis is devastating in economic terms for Madagascar. Although, such a fact has never hindered any politician from doing what they want. Lire la suite »

The Tiko Group has won a battle in the long running dispute with the transitional government which definitely behaved like a genuine predator against the country's largest agribusiness during the year 2009. The dictating regime has actually been making its money from the corporation founded by Marc Ravalomanana. Judges has finally made their decisions: the legalized looting of Tiko must be halted, and accounts updated so that overdue repays be made public. Lire la suite »

The government of transition certainly forced oil companies to limit consumer price increases for a while but the measure is starting to unfold its side effects. General inflation has been mastered after the recent increase of basic products' costs. But the economic downturn is like to affect households more significantly. Lire la suite »

For the sake of drawing support for its unilateral strategy, the HAT and its government are campaining to explain, and downsize, the international sanctions' consequences on Madagascar's economy. The dictating authorities are belittleling the consequences of the suspension of foreign financial support, and making its hope for a partner country's potential veto against it. Lire la suite »

Prices are skyrocketing and goods vanishing, but what triggered what remains, somehow, confusing. According to trade experts, the speculation on basic products is being fuelled by poor organization quality, and by violations of distribution processes. The political crisis and its uncertainties are, in the end, fuelling shortage psychosis. Lire la suite »

Madagascar's failure to regain the AGOA market is being capitalizing by running layoffs in textile oriented tax free corporations. Employees and workers are literally being left on the pavement when factories are shutting doors and gates. The GEFP is trying a technical solution, trade unions are crying scandal. Some other societies would take advantage from this situation to leave. Lire la suite »

Are the expectations generated by the exploitation of both large scale mining projects in the Great Isle important enough to afford sufficiency towards foreign financial backers and international partners? The HAT economy minister, Richard Fihenena, argued that the year 2010 would be a year of economic recovery with a plus 2.6% expected growth rate. Lire la suite »

Now that the overzealous wind of populism has past, the minister in charge of Mine management Mamy Ratovomalala is, now, moderating the stands as for the planned renegotiation of big mining contracts. Sheritt International can keep on investing without fear. Lire la suite »

The Treasury secretary is convinced that partners and financial backers are going to unfreeze financial support in 2010. Hery Rajaonarimampianina is, thereupon, making this simple conviction the base of the integration of this financial manna in the State Budget. Could his plans fall through, the administration will have to make do with home returns and survive Lire la suite »