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Fifteen men hanged in Egypt over terrorist attacks in Sinai region

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Egyptian authorities on Tuesday (December 26) hanged fifteen men convicted of “terrorist” attacks.

The executions took place in two prisons where these men were found guilty of attacking soldiers and policemen in the restive Sinai region, which is notorious for an armed insurgency.

According to the Cornell Law School’s Center on the Death Penalty Worldwide, Egypt remains one of the countries that has the death sentence on its law books and actually executes it.

The sole method of execution is through hanging. Amnesty International said there were at least 22 executions in 2015, the number is believed to have doubled the following year.

It is believed that thousands are facing are on the books to be executed. The government has resorted to hard measures in the light of growing security challenges.

Egypt in the last few years has experienced violent political revolution that hit the Arab world. It led to the toppling two presidents. The first being long serving leader, Hosni Mubarak and then democratically elected Mohammed Morsi.

The security situation especially in the northern Sinai region has been restive as insurgent groups continue to carry out deadly attacks on security and civilian populations.

Business

Absa became the new competitor on the Ethiopia market.

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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.

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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.

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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.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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



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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.

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

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