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Opposition in Madagascar requests internal mediation from UN.

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The opposition in Madagascar on Monday said it was shunning a UN special envoy who is trying to broker an end to a political crisis ahead of a general election.

“Let the Madagascans speak to each other,” opposition member of parliament Hanitriniaina Razafimanantsoa told protesters gathering for the 17th straight day in the capital Antananarivo.



Since April 21, hundreds of opposition supporters have occupied the May 13 Square in the heart of the capital, seeking the resignation of President Hery Rajaonarimampianina before general elections seven months away.

For the moment this is a crisis that must be discussed between Madagascans and resolved by Madagascans,” he said.

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The country’s top court last week tossed out parts of controversial new electoral legislation that had sparked the protests which claimed at least two lives.

The opposition says the electoral laws are loaded in Rajaonarimampianina’s favour and accuses the government of trying to elbow them out of the race.

But the opposition has decided to continue the protests until the constitutional court decides on its recently-filed petition seeking the removal of the head of state.

Mediation effotrts to solve Madagascar political crisis

Abdoulaye Bathily, a special advisor of the UN Secretary General arrived in Madagascar on Sunday to try to renew dialogue between the opposition and the ruling party.

He held talks with president Rajaonarimampianina on Sunday.

“The solution lies in the hands of the Madagascans, we just want to accompany them in this process,” said Bathily.

The opposition has, however, agreed to hold talks with the World Council of Churches in Madagascar, which has also offered to help find a way out of the crisis.

Elected in 2013, Rajaonarimampianina has not yet announced whether he will stand for re-election in a country that has been politically volatile since the last years in office of former Marxist military ruler Didier Ratsiraka, voted out in 2001.

Two ex-heads of state and onetime mayors of the capital have already said they will stand: Marc Ravalomanana, who was president from 2002 to 2009, and Andry Rajoelina, who removed Ravalomanana after mass public protests and an army mutiny.

Both were barred from running in 2013 and their parties have been involved in the demonstrations, but the two men have since made common cause against the current regime.

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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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