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  Friday, 28th november 2014  
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ECONOMICS

01/07/2014 | 00:03:54
Madagascar is once again allowed to knock at the AGOA's doors and likely to enjoy the commercial privileges granted by the United States of America when accessing the trade of clothes and textile products anew. US President Barack Obama stated this decision on June 26th 2014, still, how relevant has it actually become 5 years after Madagascar' suspension? The Africa Growth Opportunity Act will expire by the end of September 2015. Madagascar will eventually have no more than the last 9 months to build on this new entry on the market, unless the US American government decides to keep the agreement running. In between, the Malagasy ruling power together with professionals seem bound to commit to the resumption of textile industry production. [See]

25/06/2014 | 00:32:07
The national electricity supply company is on the verge of tackling a large scale reform expected to alter its financial strategy and operations. The JIRAMA alone happens to stand at both ends the crisis in Madagascar's energy field even though the general issue is much larger than this company. For lack of clear energy management policy, a certain line of conduct in the management of the water and electricity supply company has been defined and implemented during the latest two and a half decades. Nonetheless, political turmoil and the failure to overcome challenges have brought the energy management sector to several steps backwards. [See]

19/06/2014 | 01:19:48
The test marketing phase of heavy oil from Tsimiroro phase marks the beginning of an energy transition in Madagascar. The commercial returns of this local production are likely in the short term to bring the JIRAMA's costs of thermal energy exploitation. The challenge for Madagascar Oil is to earn credibility as oil company in control of its production line. [See]

29/05/2014 | 16:20:15
No economic policy aiming at triggering growth while focusing on fighting poverty back may be realistically figured out without a fair and skilled management of public finances as a matter of fact. Madagascar achieved progress when maintaining its macro -economic stability all along the third millennium’s first decade. The country managed its resources in compliance with a defined strategy and met with success to a certain extent when accurately spending for its annual financial statements. Unfortunately, transparency, efficiency and control got dropped to such an extent that private interests got the upper hand again. [See]

28/05/2014 | 08:23:12
The Alaotra Mangoro region is dangerously standing at the receiving end of a serious threat by now. Observers do report with concerns locust swarms presence merely twenty five miles away from one of the Great Isle's major rice barns. [See]

20/05/2014 | 09:07:48
In his conference granted in the run of the International Tourism Fair held in Antananarivo, German Porras, expert from the World Tourism Organization, delivered series of advices to Madagascar's economic operators and officials in the tourism branch; advices expected to enhance the destination's resistance to crisis. The central stake: erecting a ready to use communication protocol as well as a national program bound to take charge with effectiveness whenever a tragic social, natural or political event emerges to upset everything and entail a downturn. [See]

12/05/2014 | 14:53:48
By the end of April, the presidency' staff was still proceeding to turn the ruling state main policy's main lines out to be assessed by the parliament. In the end, it produced a French language report presenting but curious similarities with the World Bank's experts made recovery program published back in 2010 on international financial backers' bidding. Prime Minister Kolo Roger merely reprocessed their point for the parliament's deputies [See]

01/05/2014 | 15:50:00
Madagascar's peculiar social and economic situation is marked by very low unemployment rates, lower than 2% in rural areas contrasting with a widespread shortage of activity. Of the whole population, merely the 600 000 private sector's workers and legal members of the National Social Security System and the States' 180 000 civil servants had anything to do with the Labor Day. The formal sector represents 5% of the active population, although the population happens to be active from 5, as a matter of fact 5, to 64 years old. Full time employment is a full component of the major development goals together with the alleviation of extreme poverty, as much as a significant challenge for young wolves on the job market. [See]

27/04/2014 | 15:02:55
Nosy Be is generally not used to low seasons all over the year. But with its 10% low booking rate, inn keepers and hotels reach an unprecedented record low. Tour operators and those of their kind appear apprehensive, regarding the French foreign office's led categorization of the tourism oriented island of the north of Madagascar as "orange", do understand a potentially risky destination. Considering that such an assessment clearly scares tourists and tour operators off and significantly undermines the sector of tourism, they keep straining to give evidence of how much positively the situation has been evolving ever since, and that past security issues are now history on the island. [See]

04/04/2014 | 16:05:10
The Great Isle was granted the honor of turning in to the Exhibition of New Trail Tours which developed in Paris from March 24th to March 28th 2014. The National Tourism Office of Madagascar got the opportunity to make a first hand assessement of the damages generated by the political instability in the country. In spite of significant developments following the elections, misconceptions keep on damaging the destination's reputation. The trail tour product was presented in a speech equally expected to comfort the audience concerning political and security issues. [See]

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