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Today in History: features Afrikaans becoming Union of S.Africa official language.

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Afrikaans

1925 – Afrikaans becomes the official language of the Union of South Africa
Afrikaans

1933 – Mahatma Gandhi—actual name Mohandas Karamchand Gandhi—begins a hunger strike to protest British oppression in India
Ghandi

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1967 – Boxer Muhammad Ali is indicted for refusing induction in U.S. Army.
M. Ali

1980 – World Health Organization announces smallpox has been eradicated
UN-Smallpox

1995 – Jacques Chirac is elected president of France.
France presi

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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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