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Today in History: Features Nelson Mandels’s swearing in.

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Mandela

Today the 10th day in the month of May, we visit the past to bring top 5 events to you again. Such that will refresh your memory, inform and  somehow get u entertained.

1794 – Elizabeth, the sister of King Louis XVI, is beheaded.

Elizabeth beheaded

1872 – Victoria Woodhull becomes first the woman nominated for U.S. president.

Victoria Woodhull

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1940 – Winston Churchill succeeds Neville Chamberlain as British Prime Minister.

Churchill

1941 – England’s House of Commons is destroyed during the worst of the London Blitz: 550 German bombers drop 100,000 incendiary bombs

UK House bombed

1994 – Nelson Mandela is sworn in as South Africa’s first black president.

Mandela Swearing in

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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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