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Ethiopia’s Abiy Ahmed to be honoured in Uganda.

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Ethiopia’s prime minister, Abiy Ahmed is set to receive the highest distinction accorded to a head of state by the government of Uganda, as the latter celebrates National Heroes’ Day.

Abiy will pay an official visit to Uganda over the weekend, where he will attend the event celebrated since 1989 in recognition of Ugandans who sacrificed their lives in the struggle to achieve national Independence, peace and democracy.



Uganda’s minister for presidency, Esther Mbayo said the 41 year old former intelligence officer who also took part in the UN peacekeeping mission to Rwanda, will be decorated with a special award in appreciation of his contribution towards the independence struggle in Africa.

‘‘President Museveni will award a special medal (The Most Excellent Order of the Pearl of Africa – The Grand Master) to his guest Abiy Ahmed Ali.

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This is the Highest Order that is awarded to heads of state and government,” Mbayo during a press briefing on Tuesday at the Uganda Media Centre.

The only other African head of state to receive the award from Uganda is Equatorial Guinea’s Teodoro Obiang Mbasogo

Up to 250 other heroes will be awarded medals commending them for their contribution to peace and dignity in the country.

It will be the fifth outing of the new Ethiopian prime minister following visits to Djibouti, Sudan, Kenya, Saudi Arabia and the United Arab Emirates.

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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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