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AKO General Discussion, page-248

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    Please be sure to share what you've got.

    Have you seen anything specific that says the general population is unhappy with the current government?

    I know the government are trying to limit gold being taken off shore, but I imagine that's a constant battle that will just get worse until the mining code is formalised and bigger dollars and a solid legal framework for companies to work within is in place.

    Or have you seen anything where "the opposition" have said they're anti mining.

    Madagascar is an incredibly poor country, and the world bank have said they'll invest money into the country to help develop infrastructure, but that will no doubt come with conditions.

    I see the fact that it's the world bank and not the Chinese as a positive sign.

    The last thing we want is an AVZ, or even LPI, like situation where the government haven't (so far) tried to force companies to work with government owned joint venture partners.

    AVZ holders are in a horrible position due to corruption.

    Companies in Madagascar haven't been able to get projects going because the government appears to want to make sure the country benefits in a meaningful way.

    Of course things could change with a new government, but I'd imagine any government would need to make some progress with the code to unlock mining revenues.

    I'm ashamed to say that I don't have a deep understanding of the political climate in Madagascar, but it's somewhat insulated (protected?) from the machinations of the mainland due to its location 300kms off the coast.

    But as per above, the fact this code hasn't been rushed or forced through indicated to me that democracy in some form is taking precedence over greed, corruption and dictatorship BECAUSE of the time it's taken.

    Again, if you have anything, please be sure to share it in a "Political" thread, and we can discuss there
    As per above, please be sure to share still you find.

    I'll do the same.
    Last edited by thecrabpest: 12/02/23
 
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