Business

The financial management of the Caisse d’épargne de Madagascar (CEM) is raising questions following findings by the General Inspectorate of the State (IGE). Significant amounts are reportedly involved in the observations noted within the institution. As the CEM is under the supervision of the Ministry of Economy and Finance (MEF), through… Captured & Published at: […]

Twelve young Malagasy people will benefit from training in the tourism sector in Mauritius. This initiative follows the signing of a cooperation agreement between Madagascar and Mauritian partners on July 6. The presentation of the scholarship certificates was carried out on Tuesday by Lucie Rafaralahy Vololoniaina, known as Lily Rafaralahy, Minister of Tourism and Handicrafts,

The Ministry of Mines and the Madagascar Gold Center (COM) are raising awareness among local stakeholders regarding industry regulations and the traceability of the precious metal. As part of its policy to engage more closely with the mining sector’s population, the Ministry of Mines, in collaboration with the Madagascar Gold Center (COM), continued its field

The mandatory 9:00 PM closure for bars and karaoke venues in Ambohipo is disrupting local habits, significantly reducing nightlife activity and cutting into the earnings of both business owners and street vendors. Under strict supervision, establishments in Ambohipo must now shut their doors by 9:00 PM. Owners report revenue drops ranging from 5% to 30%.

To better regulate the mobility of Malagasy workers and address the issue of undocumented Malagasy nationals in Mauritius, Madagascar and Mauritius are strengthening their cooperation in the employment sector. A three-year framework cooperation agreement was signed on Tuesday between the Minister of Labor, Employment and Civil Service, Denis Franconio Mac, and the President of the

A tax system that weakens small and medium-sized enterprises and industries (SMEs/SMIs) ultimately undermines economic activity, employment, and, at the end of the chain, the population. As an expert in analyzing the country’s economic issues, economist Hugues Rajaonson believes that in a country like Madagascar, where wealth creation largely relies on […] Captured & Published

From August 20 to 22, the BAREA Mahamasina Stadium becomes the nerve center of economic development with the 5th edition of the INCO Fair. Under the patronage of the Ministry of Industrial Development and Private Sector (MIDSP) and the Ministry of Commerce and Consumption (MinCC), this event brings together key players from the private sector,

Only the equipment remains to be installed before the semi-industrial production unit in Sambaina becomes operational. Located in Morarano, in the Ambatomainty fokontany, Ambohibary Sambaina commune, Antsirabe II district, this infrastructure is designed to process local agricultural produce to add value. Fruits will be processed into juice or dried, while corn, beans, and rice will

Trade relations between Madagascar and Mauritius are being strengthened through the Mauritius-Madagascar Business Forum, held in Antananarivo from August 18 to 21. The event brings together economic actors from both countries to discuss trade opportunities, partnerships, and business internationalization. According to Lalaina Randriamasy, Director of External Relations Promotion at the Ministry of Trade and Consumption,

What if the future new Malagasy city were founded in collaboration with the Egyptians? Reflections and exchanges are currently underway between Madagascar and Egypt regarding the creation of a new urban hub. The project is still in its early stages and the site has not yet been determined, but the Ministry of Territorial Planning and