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Opposition in Guinea resumes fresh strike after cancelling dialogue.

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Negotiations between President Alpha Conde’s regime and Guinean opposition have faced a fresh deadlock.

The opposition was in talks with the government but it’s leader Cellou Diallo who met President Alpha Conde on April 2, accused the authorities of dragging their feet.



Diallo on Thursday also said protests would resume next week over disputed local elections in February as he called off the negotiations.

He announced a new strike on Monday in the capital Conakry, adding that the opposition had noticed a lack of will on the part of the government in finding consensus on the electoral differences.

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He said the government was sticking to its position by saying it cannot change the results announced by the independent national election commission.

Demonstrations over the February elections results have claimed at least 15 lives.

The election was the first of its kind since a military dictatorship ended a decade ago. It followed eight years of delays blamed on lack of funds, political infighting and the 2013-16 Ebola crisis.

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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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