Economics

The Aro insurance company celebrates its 35 anniversary in 2010 with this notice: Madagascans and insurances are not yet a pair. The compulsory need for one of them imposed to drivers did not contribute to trigger the trend. The market's modest range is however not a burden for the national company's good economic and financial health. Lire la suite »

The Rhodes oil plants’ issue is not over in Madagascar Lire la suite »

It has long been clear for transportation companies and cab drivers that price rises are everything but the best solution. Since the beginning of the crisis in 2009, the transportation sector has been slowing down. Stranded between increasing exploitation costs and a decreasing consumer's spending power, transporters are requiring fuel prices to be lowered by the state. Lire la suite »

The fuel distribution companies definitely conceded ground, but stood tall against the HAT government's pressure anyway. Fuel consuming prices have been lowered following a plus 8% to plus 13% rise which drove the liter's price overtake the symbolic 3000 ariary bareer. The minister of fuel supply management saves his reputation even though his ultimatum and his warning failed to shake the oil distributors' solid front. Lire la suite »

Madacom, Celtel, Zain and soon Airtel, here is a cell phone operator which is never short of buyer. The Indian group Bharti, world number five in its sector, bought Zain's businesses in 15 countries including Madagascar. The emergence of this relevant actor is boosting a competition which is starting to benefit Malagasy consumers in terms of service quality and communication prices. Lire la suite »

As publishing the results of a reflection committee of experts about Madagascar's economy, the World Bank put up a genuine platform for the subsequent debate. Poverty and poor governance are stacking on one hand, whereas a natural and very strong potential is in the opposite corner. The target is the economy's legal integration in politics. Lire la suite »

The expected secondary effects of the year 2010's Soccer World Cup in Africa are still to be expected in Madagascar. Tourism has nevertheless been being looking up since the upper season's beginning. Although the hotels' booking rate is still on stand by, the national airline company displays a satisfying balance sheet. Lire la suite »

The Finance Ministry has demonstrated once again that it is more technical than political. The budget organizers and market officials are mobilizing anew in order to emphasize the austerity policy's implementation in face of the authorities' led waste. The state chess' money dress is no more a taboo topic. Lire la suite »

One of the HAT Trade Ministry's top official explained that the Wisco company actually had no competitors anymore in the run for the Soalala iron field exploitation. The Chinese were the single ones bound to accept the HAT's extraordinary conditions, namely an early 100 million US dollars deposit. Lire la suite »

History is an endless circle! Now is Andry Rajoelina's turn to be accused of selling out ancestral lands by the opposition. The issue is this time around the Soalala's iron field exploitation rights granted to the Chinese company Wisco by a non recognized transitional regime. The HAT reacts and runs a propaganda campaign in order to turn the ignited fire off. Lire la suite »