Economics

During the year 2010, public finances kept the HAT administration alive, but nothing more, in spite of limited ressources. 100 millions of US dollars granted by the Chinese corporation WISCO in return of the more or less legal right to exploit iron from Soalala was a godsend for the HAT´s skinny budget. THe year 2011´s expected investments are a wee bit higher, thanks to a 60% high foreign support Lire la suite »

Has the year 2010 been as economically positive as the ruling power told it? The so much expected re-launch did not come true. the single consolation is a growth rate superior to 0%. Madagascar still endures the consequences of the political crisis and those of a regime stubbornly ruling despite international rejection Lire la suite »

The dictating power´s latest idea is a cause for an earthquake in Madagascar´s telecommunications. A single gateway is not only politically dictatorial but also economically dangerous Lire la suite »

The transitional congress´ second ordinary session came to an end on December 9th 2010. The institution´s president praised the year 2011´s financial law´s positive expectations. The ruling power´s vision happens to be actually more than optimistic concerning the re´launch of the economy. Lire la suite »

The HAT institutions are now addressing the year 2011´s budget. No major project is being planned but the promises made by Andry Rajoelina as he was promoting the referendum. 3000 billions of ariary are definitely part of a presidential statute, aren´t they? Lire la suite »

Andry Rajoelina does not give a damn about objections formulated by the HAT`s opponents and the international community in relation with a transitional regime`s prerogatives. He simply engages Madagascar in big contracts with foreign partners. China and France are the ones getting the lion´s share in this transitional period, and not the Middle Orient, as basically stated in the run of the rise to power. Lire la suite »

Would exporting water be the same as selling ancestors’ lands out? The dictating power , its Canadian contractor and the water export deal with Middle Orient countries are currently being stranded. The HAT minister in charge of water management failed from convincing the HAT’s own Transitional Superior Council and its environment commission. Lire la suite »

The spiteful and clumsy HAT regime is losing its way into anti-democratic direction and repression. Its latest victim happens to be Iharizaka Rahaingoson, the single minister who ever dared to challenge the imposed authority's will. The European Union's telecommunication expert is unexpectedly being banned from leaving Madagascar. Lire la suite »

The Ambatovy project, meant to recover 60.000 tons of Nickel and 5.600 tons of cobalt, remains the largest ever mining project launched in Madagascar. Lire la suite »

The MICTSL company's fired workers are joining the strike Lire la suite »