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Oromia shutdown strike enters day 2 with strict compliance in Ethiopia.

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The social shutdown prompted by Ethiopian activists against a recently imposed state of emergency has entered day two with full compliance.

The three-day strike called by pro-democracy activists and Qeerroo – youth – in the region is expected to end tomorrow.

Towns across the Oromia regional state, Ethiopia’s largest, have largely been deserted as people continue to stay at home. Shops and businesses remain closed and there is no active sign of public transportation.

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This is the case despite the regulation under the Command Post administering the state of emergency stating that disrupting of public and economic activity was an illegal act.

The government-run EBC on Monday admitted that Oromia region had ground to a halt with the protest. Photos shared on social media showed towns like Jimma, Hirna, Gimbi, Yabello and Burayyu all deserted.

The Oromia region has been the heartbeat of anti-government protests that started in 2015 through 2016 till a state or emergency was declared in October that year. The measure was lifted in August 2017 but has been reinstated six-months on in a security move according to the government.

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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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