The government of transition wants to take some short-term initiatives for the correction of the economy. Prime minister Roindefo is at the head of a new task force to restart the economic engine as all indicators are in the red. Lire la suite »
Economics
magical days for Madagascar’s handicraft in Nice
The Meva association presents the Great Island in Nice from July 02nd to 16th 2009. An exposing dozen of professional craftsmen presents their products on a 250 m² large surface. The mission of this association though isn't restricted to the promotion of Madagascan handicraft abroad. Lire la suite »
Hotel Trade: the authorities of the transition take three stars for themselves
The new Hotel Ibis suited in Ankorondrano has been inaugurated with ceremony by the authorities of transition which welcome the foreign investor’s confidence. The inn part of the Accord group has been basically built to welcome the African Union Summit in Madagascar. Lire la suite »
Destruction of Tiko: the casualty for the country
Why did Tiko group enjoy state generosity outside the fact that the agro-industrial empire has been founded by president Marc Ravalomanana. The enterprise's lawyers centered their allegation before the press on the price regulation by the first necessity goods' importer and supplier that dominated the national market. Lire la suite »
Tiko case: when the state lays down the law
The lawyers of the Group Tiko counterattack and denounce to the Madagascan and international press the" exactions and depredations" of the industrial giant by the new authorities. They point at a political plot against Marc Ravalomanana to the detriment of all shareholders. Lire la suite »
Growth rate of -0,3%
Without surprise, the political crisis opened on an economic crisis. The economists estimate that the GDP growth rate is currently down 0,3% a long term situation in lack of quick political solution. Lire la suite »
Tiko SA is become a necessity product for the transitional government
The transitional regime is requisitioning tools, goods and products belonging to Tiko Corporation. An operational cell has especially been put in place so that the state can feed itself of what remains the Marc Ravalomanana's agro industrial empire. Lire la suite »
Orange calls the Malagasy government to liberalize the telecom
Orange holds its promises to connect the Great Isle to the optical fiber network SAFE, The Madagascan state is expected to do so. The telecommunication operator openly shared his uncertainties just before the beginning of the high-speed network era in Madagascar. Lire la suite »
Custom administration blocked by a strike.
Change expecting employees did not expect the current head of Customs to remain in his seat. Vola Razafindramiandra is strongly being opposed by employees who ask for his dismissal by the transitional authorities. Lire la suite »
Benja Razafimahaleo: We can do it on our own
The Transition government's finance ministry emphasized yesterday in Ambositra that the national economy is recovering. According to Benja Razafimahaleo, the austerity policy allows the regime to do without foreign financial help. Lire la suite »