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Missing plane in Kenya found damaged.

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The wreckage of a small plane was found in central Kenya Today, two days after it went missing in bad weather with 10 people on board, the transport minister said.

A surveillance helicopter spotted the plane belonging to the FlySAX airline near the town of Njabini on the edge of the Aberdares mountain range.



“The ground search will intensify in the next hour despite poor weather conditions that are posing a challenge,” said Paul Maringa, principal secretary of the transport ministry.

The wreckage does appear reasonably damaged. But we don’t want to speculate. Let’s be sensitive to families of those who were on board.”

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He said medical personnel and a Red Cross team had been sent to the site.

The plane, operated by East African Safari Air Express, took off from the western town of Kitale in the late afternoon Tuesday.

It disappeared off the radar screens at Nairobi international airport, its final destination, around 80 minutes later, the owners said in a statement.

Kenya has been experiencing heavy rains which along with foggy conditions have hampered search efforts.

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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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