SADC Expert, Dr. Lyal White at MASACCI Meeting – February 17th, 2016

sadc-a

Madagascar South Africa Chamber of Commerce and Industry organizes a Chamber Meeting every two months. This time, a special guest took the trip from South Africa to make a presentation on Visa Africa Integration Index.
Dr. Lyal White is the Director of the Centre for Dynamic Markets (CDM) and a Senior Lecturer at the Gordon Institute of Business Science (GIBS), University of Pretoria this content. As Director for the CDM he drives research and learning in dynamic markets at GIBS. He also leads monthly executive network meetings to discuss issues of interest and importance in Africa, Asia, Latin America and the Middle East.

Dr. Lyal White’s presentation offered a detailed consideration of the state of Africa’s economic integration and the role that integration might play in shaping Africa’s economic surge.

sadc1“Currently, whilst Africa may be the world’s fastest growing continent, it also is the world’s least globalized – or internationally integrated – region. It is far less connected to the global economy and its value chains than the likes of Emerging Asia, Latin America, Central America or Eastern Europe. To boot, of the world’s different regions, Africa also is the least integrated internally.”

He has explained that this disconnectedness and low level of economic integration is a binding constraint on Africa’s economic progress that must be overcome if the region is to achieve its economic potential. Africa’s integration also is relevant to economic progress for the world at large. Africa is no longer part of the problem around global economic development, it now is part of the solution and its integration is a key factor in contributing to the region’s growth as well as world economic growth. In short, through greater connectedness, scale and improved integration with the global economy, Africa will set itself up to reach its true potential and contribute more substantially to this global economy.”

The presentation was attended by MASACCI members, and many other companies’ representatives.

Go to album

DURBAN BUSINESS FAIR: MADAGASCAR’S PARTICIPATION – 18 TO 21 SEPTEMBER, 2014

Madagascar, through the Madagascar South Africa Chamber of Commerce and Industry (MASACCI) and various Malagasy business companies, participated in the Durban Business Fair which took place from the 18th to 21st of September, 2014 in Durban, KZN, South Africa.

The Madagascar stand was in the International Pavilion at the Fair which included Finland, India, Spain, Germany and the German-South African Chamber of Commerce.

Presentations centered around new developments in Durban which included the new Durban airport, King Shaka Airport and the nearby business hub of the Dube Trade port to name a few.

Trade Night for all exhibitors, sponsored by ABSA Bank was attended by Mrs. Louise Fox, Honorary Consul for Madagascar, Mr Gavin Jordaan, President of MASACCI (Madagascar South Africa Chamber of Commerce and Industry) and assisted by Mr Martin Jordaan. Each person at the table was given the opportunity to present its business. The Absa representative informed us of what financing was available from its bank for small businesses and new innovative products.

There was considerable interest in Madagascar by visitors to the Fair, particularly the dresses, fabrics, products, tourism, imports and exports. There was also a lot of interest in agriculture.
The Madagascar Delegation had the opportunity to meet Diplomats from Finland, India, Germany, Spain and the German-South African Chamber of Commerce.

All the Fair official brochures and speeches mentioned and acknowledged the presence of Madagascar at the Show. A DVD on Madagascar was shown at the stand at regular intervals. The Minister of Trade and Consumption, Mr. Narson Rafidimanana, was interviewed on domestic and regional TV and this was also lighted at the Show.

The Minister toured and visited the stands at the Durban Business Fair and discussed the potential of small and medium business contribution to the economy and growth of a country.

Banks were approached and their method of loaning money to small business was discussed together with government projects for loans.

burban-1

EXHIBITORS – MADAGASCAR STAND

  • Madagascar South Africa Chamber of Commerce & Industry
  • Madagascar Trade
  • Consulate of Madagascar to KwaZulu Natal
  • Madagascar arts and crafts presentation by Madagascar Trade
  • La Gastronomie Pizza
  • L’île aux Fées
  • Fuelstock

PAMPHLETS

  • Marokoka Cultural Village
  • Guanomad
  • Homeopharma
  • L’ile aux Fe’es
  • Madagascar Tourism Board – Tulear
  • Caldwell Business Suites
  • Corporate Adventures
  • Les Hautes Terres
  • Samples of agricultural products – Beans – Fuelstock
  • Madagascar South Africa Chamber of Commerce and Industry

Go to album

The Official launch of Madagascar South Africa Chamber of Commerce and Industry: a source of opportunities and professional development for Madagascar.

launcheaMadagascar is slowly emerging from a sustained period of subdued economic activity. The launch of the Chamber of Commerce and Industry between Madagascar and South Africa, which took place at the Ibis hotel on March 14th, 2014, constitutes a promising contributor to the boost of the economic recovery of the Island. MASACCI is willing to offer to operators of both countries an opportunity to develop their cooperation in various sectors and for mutual interests.

Olga Ramalason, the minister of Commerce, emphasizes the doors which are open to Madagascar following to the implementation of MASACCI have a peek at these guys.

“We envision that Madagascar can get many advantages from this cooperation with South Africa, through the implementation of this Chamber of Commerce, especially after five years of crisis. It’s time to be open to other countries, which could collaborate with us. South Africa is the first economic power of the continent; it has an important potential. The consolidation of cooperation should certainly contribute to the development of the private sector, trade, infrastructures, agriculture, mining and tourism.” She explained.

launche1

South Africa supports firmly the efforts supplied by the country to ensure its economic recovery. However, considering the increasing interest of South African companies for the country, they perceive a potential mattering in the development of the economic cooperation between both countries. ” We believe that there’s a huge potential for business between Madagascar and South Africa. South Africa could complement Madagascar in many sectors of Industry, mining, tourism and agriculture. I really believe that in the future, this joint venture between Madagascar and South Africa can develop the economics of Madagascar.”

The Board of Directors have great ambition for MASACCI and is committed to making it a force improving Malagasy-South African trade. The launching ceremony of MASACCI was attended by numerous public figures: diplomatic entities and various private operators to name a few.