News Madagascar Economy: Madagascar Opens Tax Corruption Platform on October 9
Madagascar's tax directorate launched Torohy to report graft on 9 October, and the head of state predicted complaints against 90% of its staff.
News Madagascar Economy: Sharp Trump tariffs hitting Madagascar's precarious economy
STORY: Madagascar is one of the world's least developed nations. And its precarious economy now faces further jeopardy, as U.S. President Donald Trump announced a damaging 47% hike in tariffs on the country. The United States ranks as the second-largest export destination for Malagasy goods. Ernest Zafivanona Lainkana, the Director General of Malagasy Customs, expressed concerns over the implications of the new tariffs on local industries. "These barriers are very, very high and will certainly affect the competitiveness of our products," he said. On Friday, the U.S. Embassy in Madagascar issued a statement saying Trump's decision was "not a punitive action...." adding that efforts to achieve reciprocal trade between the two countries will continue. The government of Madagascar said it is engaging all diplomatic and commercial mechanisms possible to prompt a review of the tariffs. However, economic analyst Serge Zafimahova voiced doubt over the effectiveness of this approach, saying that "Trump sees even small countries as potential threats."
News Madagascar Economy: Republic of Tanganyika - 1926
Tanganyika is actually becoming a touristic country, welcoming hundred of thousands of people, but also an industrial territory, hosting millions of Africans trying to flee colonization, and seen as a ...
News Madagascar Economy: Scientists count the world's tree species (spoiler: it's a bunch)
From the monkey puzzle tree of Peru to the Tasmanian blue gum of Australia, from the baobabs of Madagascar to the giant sequoias of California, the world is blessed with an abundance of tree species.
News Madagascar Economy: Footage Shows Tropical Storm Ana Damage as Dozens Killed in Madagascar
The death toll from the impact of Tropical Storm Ana on Madagascar rose to 48 on January 28, the country’s National Office for Risk and Disaster Management reported.The country declared a state of ...