Africa Madagascar The poverty rate is dramatically worrying according to recent data from the World Bank : 81% of the population has a daily income of less than 8.600 ariary a day ($2,15), the poverty line that the WB has applied since August
Africa Madagascar A new 0,5% tax on mobile money transactions exceeding 150.000 ariary (€0,03), announced by the Directorate General of Taxes, prompted a strong reaction from Madagascar's three main mobile money operators
Africa Madagascar The Madagascar Bishops' Conference made alarming observations on the socio-economic situation in the country, denouncing the continuous deterioration of living conditions
Africa Madagascar An increase in the number of demonstrations have created chaos in the capital; the police has announced that measures will be taken against the perpetrators and instigators of these movements
Africa Madagascar A significant revision of electricity prices charged by the Madagascan water and electricity company has passed at Government level, resulting in a 20% price increase for the first year, raising concerns among operators of the sector