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Exasperated by the chronic failure of the national power utility Jirama to pay its bills, the head of the Enelec [...]
While Madagascar is now undergoing almost daily power outages, the international donors have made a reform of the national operator Jirama a condition for their aid to be released (ION 1420). On the verge of bankruptcy, the public company is [. [...]
Despite criticism, the authorities are finalising a deal with the American company Symbion Power to boost electricity generating capacity and supplement Jirama. [...]
The national water and electricity company Jirama is still heavily indebted to independent operators who sell it electricity. [...]
The World Bank has entered negotiations with the Malagasy authorities to go to Jirama's help. [...]
As soon as the governor of the Banque Centrale de Madagascar (BCM) was replaced last week, the Treasury grabbed funds which it transferred to Jirama’s account. [...]
The Malagasy water and electricity company is in debt to major companies. Its creditors find it difficult to get paid unless they have the help of someone at the top. [...]
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