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Kenya floods leave at least 15 people dead

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Kenyan officials said Friday that at least 15 people have drowned and scores of families have been displaced across the East African nation during two days of heavy rainfall that caused flooding in urban and rural areas.

The deaths happened as flood and river waters swept through Kenyan towns that had experienced drought months earlier, officials said. Kenya declared the drought a national disaster that put thousands of people at risk of starvation last year.

Four of those killed were in a truck carrying charcoal in Kitui County that was swept away by the flooded River Enziu. Mwingi East Police Chief Paul Munene said four of the truck’s eight occupants were rescued before the truck was engulfed with water.

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The deluge also submerged vehicles in Nairobi’s affluent neighborhoods and flooded middle class areas. Porters made a booming business carrying commuters to work on their backs.

Clogged storm drains in Nairobi and other parts of Kenya are a perennial problem during the typically long rainy season. Nairobi Governor Gideon Mbuvi blamed his predecessor’s administration for diverting funds meant to repair the capital’s drainage system.

Metro-logical Director Peter Ambenje said the heavy rains are expected to continue for another five days.

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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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