Economics

There was a dispute about who is making fuel prices in Madagascar. And the winner is, the union of gas station managers. The ruling power finally conceded a rise, following a consuming price enforcement. The union of oil companies remains however skeptical and consequently hints that it won´t support the bill for advantages granted to the gas station managers. The HAT´s ministry in charge of fuel supply has, for the time being, avoided a strike potentially deemed to ruin what´s left of the economy Lire la suite »

In spite of talks between the HAT power and the private sector, tension is continuously pending. The government´s use of the consuming price restriction right would be causing significant losses to distribution companies, and hamper retailers. A deal will have to be found before shortages, since no one no more wants to sell without making profits Lire la suite »

Two years after the imposition a transitional power, Madagascar keeps on suffering from the withdrawal of international financial support. The new minister of the HAT in charge of the economy is expecting an incoming international recognition to change the odds. Pierrot Rajaonarivelo is calling upon the international community´ support to re-launch the economy. The year 2011´s predicted improvement has not come true. Lire la suite »

The HAT´s macroeconomic balance sheet is no disaster. Though being necessarily negative due to the political crisis which has been undermining the country since two years, it presented some positive sides applaused by the World Bank which has been cutting its support for Madagascar since 2009. Lire la suite »

The rice´s rising price issue is turned into a political stake when the HAT´s Cabinet meeting decided to take the offensive. The state is importing rice in order to challenge distributors suspected of voluntarily creating virtual shortages. Following its threat of searching storage facilities, the ministry of trade is waving the next one: the price imposed by the law. Lire la suite »

The HAT state led interventions in economic issues are turning into a concern for investors. Anti liberal decisions, lurking behind the mask of popular incentives actually hiding the defense of private interests, have repeatedly been taken. No wonder, as the dictating power is undisputedly ruling, without having to comply with its own rules. Lire la suite »

The latest survey about Madagascar´s poverty rate has not unveiled miracles at all. The number of poor Madagascans has risen by 8% between 2005 and 2010. The social backlash of the since 2009 bogged down political crisis is making itself very visible Lire la suite »

Tensions between the HAT´s telecommunication minister and the mobile phone companies are turning into a statement tournament through the press. General Vital is pretending to defend the state´s superior interest, and strains to ruin his adversaries´image: the international gateway is being challenged by greedy companies long before its capitalization. Lire la suite »

Baseless political promises and anti liberal decisions have been hitting the Malagasy industry hard. Corporations do not invest any more due to fears related to political uncertainties. The SIM is however noticing a slight improvement compared to the year 2009´s collapse. Lire la suite »

Following the mobile phone companies´ general condemnation of the intending installation of a state led watchdog on Madagascar´s international gateway, the Telecom Operators´ Group (GOTICOM) emulated. But the HAT minister emphasized the decision, supposedly excused by the state´s bankruptcy estate. Lire la suite »