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Madagascar: The Tiko group of Ravalomanana expected to soon reborn from its ashes




Closed since 2009 in the Island in the wake of the political crisis which had seen the overthrow of the former President Marc Ravalomanana, the nine enterprises of the Tiko group belonging to the latter should soon reborn from the ashes.
 
Marc Ravalomanana has lately announced, while his wife is Lalao candidate for mayor of Tananarive in the municipal elections of 31 July, which he will himself operate to restart the management of the Tiko group in the country.
 
The Tiko group resulting the events of 2009 had experienced substantial financial losses totaled to several million dollars and saw its approximately 3,000 employees pointed to unemployment.
 
As a reminder, the former strong man of Madagascar had been granted in early of May with a complete waiver of his assignment of house arrest which was effective since his return from exile in October 2014.



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