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Bus fire kills 52 Uzbeks travelling in Kazakhstan: Kazakh government.

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A bus fire in northwestern Kazakhstan killed 52 Uzbek citizens on a route used by migrant workers heading to Russia, the Kazakh Interior Ministry said on Thursday.

The bus was travelling along a road in the remote Aktobe region that links the Russian city of Samara to Shymkent, a city in southern Kazakhstan close to the Uzbek border.

It was unclear in which direction the bus, a Hungarian-made Ikarus, had been travelling, but the route is widely used to transport Uzbek workers to and from Russia where they often take work on building sites.

Only five people managed to escape the burning vehicle, the interior ministry’s emergencies department said in a statement.

The ministry said the apparent accident had happened at 10.30 a.m. (0430 GMT), but provided no details about its cause.

A photograph posted online from the site showed the bus completely burnt out. Video footage also posted on the Web showed it positioned diagonally across a two-lane freeway in the middle of a snow-covered steppe, in flames and emitting heavy black smoke.

Uzbekistan’s foreign ministry said in a statement its embassy staff were en route to the area, roughly midway between the Russian border and the Aral Sea.

Last October, another Kazakh-operated bus carrying over 50 Uzbeks was hit by a train in Russia after getting stuck on the tracks; 17 people died in that accident.

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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