Business

Canal+ Madagascar subscribers will need to adjust their budgets for pay-TV starting August 17, 2026. The operator has announced a price hike, a measure linked to the extension of excise duty to the pay-TV sector. The 2026 Supplementary Finance Law imposes an 8% excise duty on this sector. “Subscription prices are being adjusted to incorporate […]

Yet another search for an operator. The State has once again launched a call for expressions of interest to select a “renowned international hotel operator for the management and operation of the Sheraton Ivato hotel.” The verbal communication regarding this initiative was approved on Thursday during the Council of Ministers. The Ivato five-star hotel, which

The increase of the Central Bank of Madagascar’s (BFM) key interest rate to 12.5% continues to spark debate. For economist and stock market analyst Zo Andriatsitohaina, this decision comes at an inopportune time, as the government is simultaneously seeking to stimulate investment and economic recovery. These two orientations are difficult to reconcile. On one hand,

Madagascar and Mauritius aim to better regulate professional mobility to meet growing labor demands and enhance the value of workers’ skills. Labor mobility is an increasingly important issue for cooperation between the two nations. During the Moris-Mada Business Connect Summit held at the Ivato International Conference Center (CCI), Mauritian Minister of Labour and Industrial Relations,

The housing allowance for employees of the Urban Commune of Antananarivo (CUA) has increased from 14,000 to 64,000 Ariary per month, representing an upward adjustment of 50,000 Ariary. This measure affects nearly 4,000 municipal agents and follows the central government’s decision to increase housing allowances for public servants. However, while allowances for state employees or

Jirama and the pan-African company Granville signed two cooperation agreements on Wednesday in Ambohijatovo, focusing on the development of solar energy in Madagascar. The partnership includes the creation of a solar battery assembly unit and the implementation of a training program for agents of the national electricity company. The partnership aims to support the development

The International Monetary Fund (IMF) announced on Wednesday that it has reached an agreement with the Guinean government for an aid program totaling $439 million to “strengthen the country’s fiscal and monetary position.” This 41-month program still requires approval from the Fund’s Executive Board, which is expected to meet soon. It is also intended to

“A significant gap.” Colonel Michaël Randrianirina, President of the Refondation, present in Toamasina to welcome the tanker Sunda One, which is loaded with over 60,000 cubic meters of diesel for Jirama, provided details on the financial benefits of the state’s direct fuel importation. He cited a “significant gap,” noting a “substantial sum ranging from 600

The rental value per square meter, which serves as the basis for calculating the tax on built properties in the Urban Commune of Antananarivo (CUA), has decreased for the 2023-2024 fiscal campaign. It is now set between 944 ariary per square meter for the simplest constructions and 9,168 ariary for the most advanced ones, compared

A solar battery assembly unit and a specialized technical training center will be established, thanks to two agreements concluded between Jirama and the company Granville, in order to strengthen capacities in the field of solar energy in Madagascar. These two complementary axes aim to develop both skills and equipment. Jirama and… Captured & Published at: