Skyrocketing Cost of Living Testing Many Ethiopians

PRLog (Press Release) - Oct. 10, 2011 - Ezega.com, Ethiopia’s leading internet portal, reported many interesting news and business data this week. The leading story of the week was in relation to the sprawling prices of essential commodities in the country. The real scenario for most of the people in the country looks bleak, with most of the unfortunate sections of society finding it too hard to meet both ends. The situation speaks truly of the widening gap between the haves and have-nots.

Also in the news was the US Government’s decision to earmark financial support worth $121 million to support food security projects in Ethiopia. The USAID remains the largest donor since the program came into being in 2005. The United States will set up a new credit guarantee for small and medium agricultural businesses so as to encourage purchase or lease of equipment.

Another important piece of Ethiopian news during the week was about increasing incidences of child abuse in society, apart from violence against women. In Ethiopia, physical abuse is often as a means of disciplining children. However, experts believe that abused children naturally grow up as abusers. Therefore, protection of defenseless children should be the prime duty of society.

On the Ethiopian jobs front, Ezega.com posted various interesting jobs for the week. These include “Internal Auditor” posted by Africa Village Financial Services Share Company, “Operation Manager” posted by Africa Village Financial Services Share Company, and “Branch Manager” posted by Africa Village Financial Services Share Company. For more information on these and other jobs, please visit http://www.Ezega.com/Jobs/index.aspx.

On the Real Estate section, Ezega.com posted several new properties for sale and rent in Ethiopia. These include “Amazing 1000sqM Property in Old Airport for Sale” for US$ 450000; “Comfortably Situated G+1 House IMIM 1468 for sale in Imperial,” for ETB  3000000.00; and “Brand New and attractive G+1 House IM 1471 for Rent in Kazanchise,”  for ETB  40000 per month. For more information on these and other properties, please visit http://www.Ezega.com/RealEstate/Index.aspx.

For detailed information on these and other posts at Ezega.com, please visit http://www.Ezega.com. Ezega.com is Ethiopia’s leading online source for News, Jobs, Real Estate, Classifieds, Entertainment, and Social Networking. For posting business data or advertising you business and services, please contact us at contact@ezega.com.
 
Other info:
Posted By: Ezega.com
Tel: 011-251-116-616943
Address: Hayahulet Mazoria, Bole, Addis Ababa
Zip / Zone: Bole
City: Addis Ababa
Country: Ethiopia

Website:
http://www.ezega.com

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Ezega.com is Ethiopia's leading web portal for Ethiopian news, jobs, real estate, classifieds, business directory, entertainment, and social media. The site is highly interactive and allows users to post and retrieve data easily.