page contents
Connect with us

Motherland News

18 dead in DRC road accident

Published

on

Eighteen people were killed on Friday when a truck carrying goods and passengers overturned on a major highway in eastern Democratic Republic of Congo, the government confirmed.

The accident happened at Bulambika, on the highway linking Bukavu and Kisangani, in the northeast district of Bunyakiri.

“The official toll on the basis of the report from Bunyakiri is eighteen deaths,” Luke Mulimbalimba, interior minister of South Kivu province, told reporters.

He said 12 people were taken to hospital in Bukavu in a rescue operation involving two helicopters and three ambulances.

The accident happened because of the poor condition of the road, according to Jean Mwanuka, in charge of the administrative district of Bunyakiri.

Deadly road accidents are frequent in DRC, where excess speed, overloading and poor vehicle maintenance are also factors.

Business

Absa became the new competitor on the Ethiopia market.

Published

on

Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

IMG-20180912-WA0030

Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading

Motherland News

Black box of the Ethiopian Airline Crash recovered.

Published

on

The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



IMG-20180912-WA0030

Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

FOLLOW US ON:
 INSTAGRAMLINKEDINYOUTUBETWITTER & FACEBOOK

Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

TO DOWNLOAD OUR MOBILE NEWS APP CLICK HERE

PROMOTE YOUR BUSINESS FOR JUST $1 CLICK HERE

Continue Reading

Facebook

Advertisement
Flag Counter
Advertisement

Trending

Copyright © 2018 Anttention Media. All rights reserved