Business

The External Cooperation Support Office (BACE), attached to the Ministry of Economy and Finance, participated in the 2026 annual meeting of the Association of Cities and Local Authorities of the Indian Ocean (AVCOI), held on July 21 and 22 in Antananarivo. During a roundtable discussion dedicated to territorial resilience and access to financing, the focus […]

The re-taxation of imported luxury rice is among the major economic measures planned in the 2026 Rectified Finance Law, as part of the ongoing Economic Recovery Plan. It aims to put an end to the market being flooded by imported products. Through the application of a 20% customs duty, the government seeks to protect local

The National FANDROSO Program was officially launched yesterday at the Ambohitsorohitra Palace. With a budget of 200 billion ariary, the State has established a financing and support mechanism for young Malagasy people, aimed at transforming their projects into viable, job-creating businesses. However, it should be noted that these are low-interest loans rather than grants. Captured

The re-taxation of imported rice aims to reduce dependence on imports and support local production, a measure aligned with the goal of food self-sufficiency. The decision is final. The re-taxation of imported rice, as part of the Amending Finance Law and the Economic Recovery Plan, is now in effect. A 5% customs duty and a

In the rice fields of Antananarivo, watercress plays an important role in the agricultural calendar. From March to August, many farmers turn to this crop, which adapts well to humid terrain and supplies the capital’s markets. In several areas, plots usually reserved for rice are used for this production during this period, as the availability

The Refoundation of the Republic government has launched its support program for youth entrepreneurship and small and medium-sized enterprises (SMEs). A fund of 200 billion ariary has been announced for this purpose. Named ‘Fandroso’, the national program was officially launched yesterday during a ceremony held at the Ambohitsorohitra Palace. The stated ambition is to combat

Tsarakofafa is set for a transformation. The Port of Toamasina Autonomous Management Company (SPAT) began operations this week to clear the site for the future Dry Port III in the Tsarakofafa area. This operation paves the way for the construction of Toamasina’s future multimodal logistics and port platform. According to a statement published on the

The company Enelec has responded to criticism regarding power outages reported in several cities across Madagascar, where it operates power plants on behalf of Jirama. In a statement, the company asserts that these disruptions are linked to “major technical problems beyond its control” that have affected some of its facilities. The company indicated that its

A slight improvement for Madagascar’s vanilla sector. After several months of stagnation, the green vanilla market is showing signs of recovery, with a notable increase in prices. This is particularly the case in the SAVA and Analanjirofo regions, where a kilogram of green vanilla is currently trading between 5,000 and 8,000 Ariary. Captured & Published

Madagascar is moving towards a state-to-state agreement to secure its fuel supply. During a meeting at the Iavoloha State Palace on Tuesday, the President of the Refoundation, Colonel Michaël Randrianirina, and an Omani delegation led by Abdulsalam bin Al Murshidi, President of the Oman Investment Authority (OIA), discussed the potential for direct fuel procurement. According