Hery Rajaonarimampianina has been granted a position far from comfortable in a government fully engulfed in the crisis. At his first media offensive, the new Treasury secretary was keen on "reassuring the public opinion" on the psychosis caused by a strong depreciation of the national currency. Lire la suite »
Economics
The building and public works sector hugely affected by the crisis
Since the beginning of a political crisis progressively turning into in economic crisis, the sector Building and public Works has been enduring an acute slump. Lire la suite »
Currency market: the ariary again on a bad slope
The central bank still has enough foreign currency reserves for three more months. The information has been released on the waves of a private radio station by the Prime minister of the transition. Instead of reassuring the economic environment, Monja Roindefo rather caused a small panic. Lire la suite »
Economic crisis: the positive attitude from Monja Roindefo
Realistic but optimistic, the HAT Prime minister refuses to give in to panic about the economic situation in Madagascar. Warning lights would allegedly still be orange. Monja Roindefo is accusing the opponents to the de facto authority of feeding up the crisis psychosis resulting from the pending international sanctions. Lire la suite »
SIIT 2009: innovating offers for mobiles and Internet
In a climate of economic downturn and political uncertainty, the second international innovation and technology show (SIIT) is held as a green shot of optimism. The mobile phone technology remains the leading sector, though Internet is meant to be the next big business. Lire la suite »
Rice price increases: another crisis to settle
The transitional government's Trade minister is straining to settle the rice crisis. Regarding the available stocks, no shortage is likely to be feared. The sudden consumer price increases would be originated from the stock retention and control. Lire la suite »
Fuel consumer price: the end of promotion but not a rise
The sudden rise of fuel prices has surprised drivers. The OMH, the fuel sector's regulating service, wants to be reassuring. There is neither impending crisis nor shortage. There are even good news instead: the bio-fuel project is well on its way forward. Lire la suite »
SIIT 2009: rating Madagascar’s potential in the NTIC field
Competition or not, telecommunication operators will join forces again to organize the International Progress and Technology Show (SIIT 2009). This demonstration is aiming at improving the range extent of the still emerging NTIC field in the country. Lire la suite »
Benja Razafimahaleo: the international financial support is not compulsory
The Budget and Treasury secretary of the Roindefo government has re-launched the polemics by stating anew that the country is able to do without helps, henceforth do without international recognition. He is insuring that the state can operate at least until… June 2010. Lire la suite »
Tiko’s rice generating inner conflict within the HAT
Several thousands of tons of rice imported by the Tiko group belonging to the president in exile Marc Ravalomanana, have been put on sale by figures of the High Authority of the Transition, in quite an abusive way. Lire la suite »