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Ethiopian police intercepts smuggling of 350 pistols from Sudan.

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Police in Ethiopia say they have intercepted over 350 pistols being smuggled into the country via Sudan.

Police said on Wednesday that the weapons were seized at the Awrora village, located in the northern Tigray regional state.



State broadcaster, EBC, quoted Capitan Eshete Awoke, head of security office in the area as confirming the incident. He added that the successful interception was down to joint efforts of security forces and the army.

The driver and assistant of the vehicle that was carrying the materials have been placed under formal investigations, the EBC report added.

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In a related development on security issues, the government communication office on Wednesday reported the arrest of thirteen contrabandists. They were engaged in illegal trade of vehicles, sheet metals, clothes, televisions, among others.

According to Minister Ahmed Shide, the suspects were mainly apprehended at Ethiopia’s export-import trade corridors, Addis Ababa surrounding areas, Oromia and Afar regional states.

Investigations are underway following which they will be hauled before the courts. The government has also taken measures against illegal employment agencies, state-media outfit FBC reported.

Ethiopia is currently under a six-month state of emergency imposed in February 2018, a measure government said was to contain spreading violence.

In March this year, the Command Post administering the SoE said with the support of the public, it had intercepted about 20,000 ammunitions across the country.

Prime Minister Abiy Ahmed who ‘inherited’ the State of Emergency has yet to publicly comment on it despite calls for it to be lifted by activists and members of the diplomatic community.

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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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