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LEX Africa Werksmans hosts new President and Foreign Minister of Madagascar – June 2014

LEX Africa Werksmans hosts new President and Foreign Minister of Madagascar – June 2014

South Africanย LEX Africaย memberย Werksmansย hosted a lunch forย Presidentย Hery Rajaonarimampianinaย andย Foreign Minister Razafitrimoย on their recent visit to South Africa to attendย President Zumaโ€˜s inauguration.

The lunch was attended by South Africaโ€™s ambassador to Madagascar,ย Gert Grobler, business executives, journalists and diplomats.ย  The President and Foreign Minister were welcomed byWerksmans Chairman Des Williamsย andย Peter Sullivanย ofย Landelahniย led a question and answer session with the President before interviewing him forย Forbes Magazine.

The election of President Rajaonarimampianina promises to end the political crisis that has engulfedMadagascarย since the 2009 coup which toppled formerย President Ravalomanana.

Theย World Bankย andย International Monetary Fundย have restored normal relations and sanctions are being lifted. Madagascar has great potential especially in the oil, mining and tourism sectors.ย Challenges however remain.

Published 23 June 2014

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