Your account has been succesfully created.

Madagascar
QMM suspends paying out dividend to sovereign wealth fund deemed unfit for purpose

Reading time 2 min

Rio Tinto's Madagascan subsidiary, which mines ilmenite in the south of the island, has had to postpone paying out a $12m dividend for 2023 to the country's new Sovereign Wealth Fund as it does not meet the proper conditions.

Read also

Sign up for real-time alerts and be notified of new editions!  

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!