Jirama
Founded
1975
Headquarters
Antananarivo, Madagascar
Ticker
n/a
Sector
Utilities
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Jirama (Jiro sy Rano Malagasy, 'Malagasy Electricity and Water') was created in 1975 by merging the country's electricity and water companies, and is wholly state-owned. It has been chronically loss-making and dependent on government transfers.
Business model
Jirama produces, transmits, and distributes electricity, largely from expensive diesel and heavy-fuel-oil plants plus hydropower, and supplies drinking water in towns and cities.
Market position
Jirama is Madagascar's national water and electricity utility.
Country impact
Jirama's frequent power and water cuts are a major burden on households and businesses, and public anger over them fueled the mass protests of 2025 that brought down President Andry Rajoelina's government.