Jiro Sy Rano Malagasy (JIRAMA)
Historical
JIRAMA is Madagascar's national water and electricity company. Founded on October 17, 1975, it was the result of the merger of two companies that were then engaged in similar activities: Société Malagasy des Eaux et Electricité (SMEE) and Société des Energies de Madagascar (SEM).
Since 1999 and the liberalization of the electricity sector, Jirama is no longer the only company in electricity production. However, it retains a monopoly on transmission and distribution and is expected to remain the Malagasy state's liaison in the development of the country's electricity infrastructure. Jirama, whose capital is approximately 17.53 billion Ariary (87.6 billion Fmg), is wholly owned by the Malagasy state, while being governed by the common law of public limited companies.
Jirama produces, transports and distributes electricity in Madagascar, while also ensuring the supply of drinking and industrial water throughout the country.
It thus provides almost all of the public water and electricity service, with nearly 570,000 subscribers in 114 localities for electricity and nearly 194,000 subscribers in 65 centers for water (2019 data).
Organization
Jirama is a public limited company under common law, wholly owned by the Malagasy state. It is managed by a Board of Directors, which reports to the Managing Director. He is appointed by the Ministry of Energy.
The Board of Directors is composed of government representatives—including supervisory ministries—and employee representatives. Jirama's organization reflects its two main activities: water and electricity. The company also operates a parallel geographical organization consisting of interregional offices in each of Madagascar's six provinces.
(Source: Company)
