Friday , 26 April 2024
enfrit

Economics

Rose Wood saga: the HAT´s laws to protect and serve… its own self

Suspicions on the involvement of extra big fishes were raised by the imposed authority´s surprising low profile following the seizure of rose wood in the Comoros. The very same authority is now deflecting the attention on relatively irrelevant musclemen in the run of a second smaller seizure in Mauritius. Andry Rajoelina decided to by pass the legal authorities and impose its own laws in a quick cabinet meeting. Read More »

Jordan: the Eldorado which makes the largest employment agency out of the HAT

A few months ago, modern slavery undergone by Malagasy female workers in Middle East was the main topic. Now the ruling power itself is easing the expatriation process. The minister for Labour Henri Rasamoelina adopted a comforting tone during the presentation of a new Eldorado: Jordan. He argued that the recruitment of former tax free zone workers would be the solution against unemployment in this sector particularly hit by the crisis. Read More »

Rose wood: the HAT alone has an exceptional right to export

The seizure of rose wood in Mauritius in June 2011 and the political, social and economic playground, was turned into the perfect opportunity to lift the ban on exports anew. Andry Rajoelina is intending to make all of the cargo his, and sell it in the state´s name arguably in order to support development projects. This outstanding devotion is a cause for doubts concerning this exceptional lift of a legal ban. Read More »

Fuel issue: an artificial and temporary crisis?

The post pentecost celebrations week was rich in action from the authorities as well as from consumers. An unexplained hindrance to the fuel supply system has drawn shortages and queuing lines in many gas stations. The HAT suspected a political destabilization attempt and consequently ordered a police investigation of oil suppliers. Read More »

State finances in 2011: there are revenues expenses but no investment

The Finance minister has depicted a more than positive sheet for the year 2011´s first four months before the transitional superior Council. Hery Rajaonarimampianina insured that bankrupcy would be off the point, and addressed some reformes expected to improve the management of public funds. The word crisis has been diluted even though public investments keep on remaining symbolic. Read More »

Malagasy workers down

The political crisis has been prevailing since the year 2009´s putsch, and taken a significant toll on employment. No protest demonstration from any union for any comparable cause has paradoxically taken place on May 01st, 2011. Read More »

Fuel related issue: Andry Rajoelina in search of a solution in Qatar

In the run of a conflict with oil distribution companies about consuming prices, the chief of the HAT made a business trip in Qatar in order to find alternatives. There was no leaks yet concerning incoming contracts, but Andry Rajoelina doesn't make a secret of his will to introduce competition against quite well united distribution companies. The legal side of it might happen to be far more complicated for the ruling power. Read More »

Fuel supply card: a technical solution which does not settle the issue

The exceptional state controled fuel price measure is not yet lifted although the ruling power recently conceded a consuming fuel price rise. Oil companies would have imposed a far larger rise than 50 ariary per liter anyway in accordance with the world market. The HAT is straining to deactivate a social and economic crisis through a second to none solution: selective supply cards. Read More »

Air Madagascar: sanction against the arcrafts´ poorly maintained estate and not against the company

The European Agency for Air Security ( EAAS) decided to ban a couple of airliners used by the Air Madagascar airline company from entering the European Union´s 27 countries´ air space. The ministry of transportation doesn't display any sign of panic. As the sanction was predictable, answers have been prepared to keep links with Europe alive. Read More »

Air Madagascar: when Andry Rajoelina teaching lessons

The imposed authority´s leader produced a pessimistic, slightly terrifying speech about the file Air Madagascar, during his communication offensive on the national television waves. As usual, anyone else but he was to be blamed for the incoming bad news. Andry Rajoelina announced nevertheless some measures to lead the national airline company to the path of recovery, namely concerning the renewal of the fleet. Read More »