Business

MINES – Gold mining operations using heavy machinery urged to regularize their status

Gold miners using heavy machinery can now initiate a regularization process with the State. Starting this Monday, those wishing to comply with regulations can begin the procedure to conclude an agreement with the government, according to the Ministry of Mines. This initiative aims to regulate activities that have developed in several areas of the country […]

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BUDGET – Regional priorities at the service of growth and investment in the preparation of the 2027 Finance Bill

The economic priorities of the regions are expected to play a significant role in the preparation of the 2027 Finance Bill. Through the Regional Budget Conferences (CBR), the Ministry of Economy and Finance (MEF) intends to better adapt budget programming to regional realities and direct public resources toward investments capable of supporting production, employment, and

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Employment: A new national policy in preparation

The Great Island (Madagascar) aims to change its approach to address invisible unemployment, even though the previous policy had already identified several of the ills currently affecting the labor market. This assessment was drawn up in the terms of reference of the UNDP (United Nations Development Programme), as part of the recruitment of a consulting

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Creative Industries: Success of the first IMIC masterclass

The Institute of Fashion and Creative Industry (IMIC), founded by designer Alexandra Denage, has reached a decisive milestone in the professionalization of the local creative landscape. The institution recently organized its very first masterclass, titled “Luxury Standards,” at ARRA Creative Studio in Ankorondrano. This immersive workshop offered a group of participants a unique opportunity to

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Africa Business Investment Summit: Global Capital Meets African Opportunities

Washington is preparing to host the Africa Business Investment Summit (ABIS) on August 27 and 28, 2026. The organizers have set a target of $500 million in structured capital commitments by the end of the process. Investors, public policymakers, and business leaders will gather with a concrete goal: to bridge the gap between global capital

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PadelCube: Malagasy Padel goes digital

A local application aims to support the growth of the discipline and unite players, clubs, and stakeholders within a single ecosystem. Padel continues its development in Madagascar. More and more players are becoming interested in this sport, while the number of clubs and supporting actors is multiplying. With this growth comes a new challenge. Captured

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Foreign Exchange: Towards a Return to Ariary Depreciation

The first half of 2026 was marked by a noticeable appreciation of the ariary on the interbank foreign exchange market (MID). However, this trend could reverse due to the resumption of imports during the last six months of the year. A return to the depreciation of the ariary cannot be ruled out. According to data

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COMMERCE – The cocoa sector yields only 0.2% to its farmers

A kilogram of Malagasy cocoa, processed into chocolate and sold on European markets, generates a value far exceeding the price paid to the producer. According to a study by Dr. Amena Abdirassoul, an expert in trade policy and lecturer at the University of Antananarivo, the farmer receives only 0.2% of the final value. The study,

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JIRAMA: Inappropriate contracts to be reviewed

Electricity contracts that no longer align with current realities may be subject to review. The Director General of JIRAMA, General Hajatiana Rasolomanana, announced this on Thursday during a visit to Amoronankona. “Contracts that are no longer in line with current realities will be examined, in accordance with the established provisions,” he stated. Procedures are currently

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External Debt: A Gross Financing Need of 30.759 Trillion Ariary Through 2028

With a total gross financing need of 30.759 trillion Ariary for the 2026-2028 period, the country’s financial authorities intend to play the card of prudence to protect the nation from the adverse effects of exchange rate risks and rising interest rates. Priority will continue to be given to concessional loans, while the use of other

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